Sidetrade

Sidetrade is a software-as-a-service (SaaS) company that provides an AI-powered platform to optimize and accelerate the order-to-cash (O2C) process. Founded in 2000 by Olivier Novasque, the company has established itself as a global leader in AI-powered O2C applications. Novasque, a graduate of TBS business school with a background at GE Capital, envisioned a technology-driven solution to reinvent the financial relationship between customers and suppliers, choosing a SaaS model from the outset.

The company's core offering is its 'Augmented Cash' platform, which leverages artificial intelligence to enhance cash flow, reduce payment delays, and manage credit risk. At the heart of the platform is Aimie, a proprietary AI assistant trained on a vast data lake of B2B payment transactions. This allows Aimie to predict customer payment behaviors, recommend collection strategies, automate dunning actions, and streamline the resolution of invoice disputes. The platform is designed to serve finance departments in large, international companies across various industries, including manufacturing, retail, and financial services. Sidetrade supports clients in over 85 countries and is recognized by Gartner as a Leader in the Magic Quadrant for Invoice-to-Cash applications.

Sidetrade operates on a SaaS business model, generating revenue primarily through subscriptions to its platform. The company went public on the Euronext Growth Paris exchange on July 7, 2005. Its growth strategy includes targeting multinational corporations, upselling existing clients, and strategic acquisitions to enhance its technological capabilities and market presence, particularly in North America.

Keywords: Order-to-Cash, accounts receivable, AI, cash flow management, credit management, financial software, SaaS, B2B payments, dispute management, predictive analytics