Sidetrade Network allows you to reduce payment delays and secure your outstanding receivables. You achieve productivity gains and improve performance indicators thanks to induced process improvements.

Our web solution offers a personalised and user-friendly work space for all employees involved in customer financial relationship management. It allows them to communicate and collaborate accros organisational lines. Sidetrade Network fills in the functional gap of your ERP so that you can efficiently manage your customer accounts in terms of collection, disputes and risks.

A structured solution to financial issues created by outstanding debt:

• Measurable performance
  • Over 15,000 users throughout 11 countries use Sidetrade Network on a daily basis.
    
    Sidetrade has demonstrated the success of its web solution.
    The average payment delay for our Top 20 subscribing companies dropped once again
    
    • By 18 days in 2009
    • After a decrease of 12 days in 2008
    • An even representation across sectors
    Our performance generated a cash-flow of 497 million Euros in 2009. Our best performing customer, has increased cash-flow from 0.7 million (Life Sciences) to over 43 million Euros (Indutrial sector), and a naverage cash-flow gain of 10.7 million Euros per compagny.
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• Benefits to your company
  • In the management of your account receivables, Sidetrade Network is a major asset to:
    
    • Harmonise your business practices and automate tasks
    • Track collection activity and dispute resolutions
    • Reduce payment delays
    • Control credit risk
    • Access your key performance indicators (DSO1, overdue rate, disputes, partial payments...)
    • Consolidating your summary reports in real time
    Our web solution offers real time access to your customers' financial and commercial data, automates your business procedures, and prioritises task assignment among the company's various departments.
    
    Integrated to your existing business applications (ERP, email), Sidetrade allows you to establish dynamic links between various information sources that were previously disparate. All information is clearly structured and updated in real time: customer master data, contacts, invoices, receivables, credits, disputes, reminders, correspondence or to-do lists. The information is distributed in a manner that is user-friendly for every person involved, whether they be 10 or 1000.
    
    With Sidetrade Network, you will foster team work, the sharing of customer information and active participation of all associates involved in financial relations.
    
    The cash culture will spreads progressively within your organisation generating tangible results. You will be actively professionalising your team.
    
    1 Day Sales Outstanding or average delay for customer payment indicated in sales per day
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• Functions that will free up your cash
  • Sidetrade Network proposes powerful functions to optimise your processed:
    
    • Automated collection reminders
    • Dynamic management of dispute resolution
    • Customer risk management
    • Monitoring your customer portofolio based on your key business criteria
    • Performance steering (DSO1, credit risk, overdue rate...) with the possibility of consolidating various entities
    • On-line management of your credit insurance, factor...
    Sidetrade Network offers functions to assist your decisions-making: alerts and prioritisation, to-do lists, collection process adapted to particular customers, automated monitoring of customer portofolio according to business criteria combined with sources of financial information...
    
    Relying on a single customer base, Sidetrade Network facilitates the synchronisation, coordination and reliability of your receivables.
    
    Sidetrade Network can be interfaced with all major ERPs on the market (65% of Sidetrade customers use SAP) and is available in 8 languages.
    
    1 Day Sales Outstanding or average delay for customer payment indicated in sales per day
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• Quick Return on Investment
  • Sidetrade Network is available through a subscription, and accessible using your web browser.
    
    You don't need to purchasing, maintain nor operate the solution. You won't worry about technical problems nor their related costs.
    
    • No licensing fees
    • No infrastructure or technical staff needed
    • Quicker roll-out than for a traditional software program
    • Unlimited number of users regardless of the size of your team
    Go live timeframe is short - in alignement with your short-term financial issues.
    
    Sidetrade Network is an easy solution to deploy, use and maintain. Thanks to the subscription model, you are fully in charge of your Total Cost of Operation.
    
    The web interface offers an intuitive navigation system ensuring imediate user buying and efficiency. No need of IT support for users. It easily becomes the daily operational tool for all thoses involved in collecting receivables.
    
    Our customers quickly notice the positive impact associated with using Sidetrade Network. They record strong benefits within the second rotation of their account receivables, in terms of staff productivity as well as increase in their working capital.
    
    You can consider the use of Sidetrade Network as having a sophisticated monthly service with rich and flexible functionality.
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• State-of the art solution and proven reliability
  • The SaaS model (Software as Service) of Sidetrade Network allows you to benefit from frequent functional and technical enhancements.
    
    Microsoft granted Sidetrade the status of Microsoft Certified partner recognising our advanced knowledge as a software publisher. This is a guarantee for our subscribers that we offer innovative technology.
    
    Sidetrade also guarantees the reliability of its technical infrastructure in terms of availability of service, response time, secure access and back-up procedures.
    
    Over 200 companies trust Sidetrade's technology to manage hundreds of thousands of customers and related account receivables on a daily basis. Sidetrade Network adapts to the company's business methods, while ensuring the security and confidentiality of its data - in various industries and within even the most complex of infrastructures.
    
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As our subscribers can testity, you will accelerate your company's cash generation, obtain a quick return on investment, and improve customer satisfaction.