Sidetrade strengthens position in electronic exchanges by becoming certified PEPPOL Access Point
09 November 2021 - 8:43AM
Sidetrade strengthens position in electronic exchanges by becoming
certified PEPPOL Access Point
- Sidetrade customers now able to exchange electronic documents
with growing number of global public bodies - including NHS in
England - and private organizations
- PEPPOL Network enables ease and secure invoice exchanges with
public and private organizations in compliance with technical
standards set by the EU and associated states
Sidetrade (Euronext Growth: ALBFR.PA),
an AI-powered Order-to-Cash platform dedicated to accelerating
corporate revenue and cash flow, has become a certified Access
Point within the e-Procurement network
PEPPOL.
As part of this certification, Sidetrade customers can exchange
eInvoices with all public and private organizations that are
members of the network, free of charge, and in compliance with EU
standards.
Launched in 2007 under the guidance of the European Commission,
PEPPOL (Pan-European Public Procurement OnLine) is
a set of widely-recognized specifications maintained by the
OpenPEPPOL non-profit organization.
Its aim is to standardize cross-border, electronically supported
procurement procedures, and has been widely adopted by EU member
states and associated states as they respond to the public
procurement laws introduced in 2014 under the European Directive
2014/55/EU.
A growing number of public bodies and governmental agencies
around the world have already, or plan to, join the PEPPOL network.
For example, in 2014 the NHS in England adopted
PEPPOL as one of the two standards recognized by the Department of
Health for the management of its suppliers; in
France, its PEPPOL membership enables connection
to CHORUS PRO, the portal dedicated to electronic invoicing in the
public procurement sector in France; and in 2019,
Australia and New Zealand
announced the nationwide adoption of the PEPPOL framework for
e-invoicing.
Data or documents are exchanged by accessing the
OpenPEPPOL network via Access
Points. OpenPEPPOL now has certified access points in
29 European countries as well as in
Australia, Canada, New
Zealand, Singapore and the United
States.
By joining the PEPPOL network and becoming a
certified access point, Sidetrade enables its customers, at no
extra cost, to connect directly, securely and in a standardized way
to the administrations of a growing number of countries
around the world that have adopted this legislation on
e-invoicing of public outsourcers.
In addition to public bodies, Sidetrade clients can also
communicate seamlessly with the many private B2B
companies that now require their electronic invoices to be
received via the PEPPOL network.
Olivier Novasque, CEO of Sidetrade, commented:
“ This is an important development in Sidetrade's strategy in the
field of B2B dematerialization, offering our clients even more
flexibility. Sidetrade's Order-to-Cash platform has been enhanced
in recent months with one of the most technologically advanced
solutions in the field of e-invoicing. By joining the PEPPOL
network, we are continuing to develop our offering, with the goal
of providing our customers with the most comprehensive
Order-to-Cash platform to create new business opportunities for
them and for us, as we grow together.”
ENDS
Investor Relations
Christelle
Dhrif
+33 6 10 46 72
00
cdhrif@sidetrade.com
Media Relations
Becca
Parlby
+44 7824 5055
84
bparlby@sidetrade.com
About Sidetrade
(www.sidetrade.com)
Sidetrade (Euronext Growth: ALBFR.PA) offers a
SaaS platform specializing in cash flow generation and security.
"Aimie," its Artificial Intelligence, analyzes more than $2,400
billion of B2B transactions in Sidetrade's Cloud daily to predict
the payment behaviors of over 5 million companies worldwide, and
the risk of customer churn. Aimie recommends the best dunning
strategies, automates actions on the Order-to-Cash cycle, and
digitalizes transactions with customers, which improves
productivity, performance, and ultimately WCR.
With offices in Paris, London, Birmingham,
Dublin, Houston and Calgary, Sidetrade serves more than 2,700
companies of all sizes and industries in over 85 countries,
including Tech Data, KPMG, Nespresso, Hearst, Expedia, Manpower,
Securitas, Randstad, Engie, Veolia, Vinci, Saint Gobain, Inmarsat
and Bidfood.
For more information, visit www.sidetrade.com
and follow us on Twitter @Sidetrade.
In the event of a discrepancy between the French and English
versions of this press release, only the French version shall be
taken into account.
- 211109_Sidetrade_PEPPOL_EN
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