Payment Intelligence – Make data-driven decisions

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Module: SPi


Sidetrade Payment Intelligence (SPi ) gives you the most up-to-date insight at your fingertips, enabling you to make data-driven decisions to help you expedite the order-to-cash process and collect more cash, faster.

Whether your main driver is to reduce the number of days an invoice takes to be paid, or to use intelligence to focus your cash collection efforts on your target segment, SPi will give you an invaluable window into your customer base. In your Sidetrade Augmented Cash application, you have an overall SPi score for your company.

This is calculated by taking the average across all your customers of the number of days from invoice issue date to due date – the average payment term you give – and adding this to the average number of days after the due date until the payment is actually received.