Sidetrade, the AI Order-To-Cash solution company, extends its UK footprint with Alvarez & Marsal deal
14 Januar 2021 - 11:17AM
Sidetrade, the AI Order-To-Cash solution company, extends its UK
footprint with Alvarez & Marsal deal
Sidetrade (Euronext Growth: ALBFR.PA),
the Artificial Intelligence platform dedicated to accelerating
company revenue and cashflow, expands its UK footprint by
partnering with Alvarez & Marsal, a leading consultancy
providing global leadership, problem solving and value creation for
companies across industries and around the world.
Alvarez & Marsal (A&M) and Sidetrade are
pleased to announce a global strategic partnership, combining
A&M’s expertise in performance improvement with Sidetrade’s
unique know-how in Artificial Intelligence solutions for B2B.
Alvarez & Marsal has selected Sidetrade as
its intelligent Order-To-Cash Partner to help its clients
seamlessly link financial operations and improve working
capital.
Businesses are increasingly recognizing that, to
improve working capital, they need advanced technology to
accelerate cashflow. The A&M-Sidetrade partnership brings
together deep financial experience in business and strong AI
technology to help companies through successful Order-To-Cash
transformation.
Ben Tatham, Managing Director of A&M, said:
“Alvarez & Marsal believes in technology innovation, automated
business processes and most of all providing the customer with the
right solution. Partnering with Sidetrade to deliver intelligent
Order-To-Cash will allow us to support the next generation of
sucessful organizations. Our partnership with Sidetrade is an
important step in helping our clients move forward on their digital
transformation journey. Sidetrade AI provides a unique opportunity
for businesses to accelerate cashflow generation.”
A&M works with its clients to solve problems
and deliver results. This includes offering the latest proven
technologies that deliver real benefits through automation and
transformation. This is Sidetrade’s strength.
Mr Tatham continued: “With Sidetrade, we will
unlock the full potential of payment behavior and place our clients
on the best path for success in the new working capital
landscape.”
Sunil Pandit, partner and alliance lead at
Sidetrade said: “The A&M-Sidetrade partnership is a powerful
combination. A&M working capital experts uncover and implement
the right solution, at the right time, in the right way. They help
businesses to solve complex challenges, create greater value, and
identify cash opportunities. Sidetrade will enable A&M clients
to address key gaps in cash performance. I’m very excited to be
working with Ben and his team, as A&M’s clients are looking for
ways to improve financial operations and processes, and Sidetrade
can help.”
Sidetrade is particularly pleased to continue
expanding its European footprint. Other strategic Sidetrade
alliances include cooperation with-
- Merchant bank and business consultancy Hyman Capital;
- Specialist NetSuite ERP consultancy Threadgold Consulting;
- International finance consultancy TriFinance;
- Order-to-Cash consultancy firms: The Boss Cat, and
Proservartner.
Sidetrade and its partners provide the best
solutions to navigate a rapidly changing business landscape.
Investor &
Media relations - SidetradeChristelle Dhrif
+33 6 10 46 72
00
cdhrif@sidetrade.com
About
Sidetrade (www.sidetrade.com)
Sidetrade (Euronext
Growth: ALBFR.PA) accelerates growth by laying the cornerstones of
the customer journey: acquisition, upsell/cross-sell, churn
reduction, and payment. Integrated with your CRM and your ERP,
Sidetrade’s revolutionary AI system called Aimie reveals unseen
factors that can generate leads, drive new sales opportunities,
improve retention, and shorten payment delay. Over 1,500 businesses
in 80 countries use Sidetrade technology to give their Marketing,
Sales and Finance teams a competitive edge.
For further
information, visit us at www.sidetrade.com and follow us on Twitter
@Sidetrade.
About Alvarez
& Marsal (www.
alvarezandmarsal.com)
Companies, investors,
and government entities around the world turn to Alvarez &
Marsal (A&M) for leadership, action, and results. Privately
held since its founding in 1983, A&M is a leading global
professional services firm that provides advisory, business
performance improvement and turnaround management services. When
conventional approaches are not enough to create transformation and
drive change, clients seek our deep expertise and ability to
deliver practical solutions to their unique problems.
With over 5,000 people
across four continents, we deliver tangible results for corporates,
boards, private equity firms, law firms and government agencies
facing complex challenges. Our senior leaders, and their teams,
leverage A&M’s restructuring heritage to help companies act
decisively, catapult growth and accelerate results. We are
experienced operators, world-class consultants, former regulators,
and industry authorities with a shared commitment to telling
clients what’s really needed for turning change into a strategic
business asset, managing risk, and unlocking value at every stage
of growth.
To learn more, visit:
AlvarezandMarsal.com. Follow A&M on LinkedIn, Twitter, and
Facebook.
In case of a
discrepancy between the French and English versions of this press
release, only the English version should be deemed valid.
- Sidetrade-Alvarez-Marsal_Partnership_EN
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