Driving revenue and delivering improved cash performance in Transport & Logistics
Transport & Logistics firms typically have many clients, low margins and high volumes of invoices, making it difficult to understand and monitor customer payment behavior patterns.
By implementing Sidetrade’s Augmented Cash platform, they can leverage the benefits of AI to gain better control of payment terms, improve collection and settle disputes faster, accelerate cash and improve working capital.
Sidetrade’s AI, Aimie, is able to accurately predict payment behavior of buyers in the Transport & Logistics sector and recommend the best collection strategies based on Sidetrade’s industry insights
WITHIN SIDETRADE’S DATA LAKE
FROM AIMIE’S RECOMMENDATIONS
OPTIMIZING WORKING CAPITAL IN THE TRANSPORT & LOGISTICS SECTOR IS KEY
Sidetrade streamlines the Order-to-Cash process and improves the credit management efficiency of Transport & Logistics companies by automating repetitive tasks and benchmarking how their customers pay against the wider industry. Sidetrade’s AI assistant, Aimie, proposes the most effective actions for setting credit terms, chasing payments, and collecting cash faster. This in turn accelerates cash flow generation and reduces credit risk.LEARN more
BENEFITS FOR TRANSPORT & LOGISTICS COMPANIES
Real time collaboration
Enhance positive collaboration between sales, delivery and finance
Better prioritization for everyone
Focus your credit management team on high value activities
Healthier financial KPIs
Free up working capital, reduce DSO, and cut credit risk
Visibility and transparency
Set better credit limits and payment terms based on accurate industry data
Increase customer satisfaction by taking a proactive approach to disputes
TRUSTED BY GLOBAL COMPANIES
Sidetrade’s accounts receivable software is used by large and medium enterprises globally. They are united in a desire to secure cash flow, streamline their Order-to-Cash processes and improve working capital by leveraging cutting-edge AI cash collection and accounts receivable automation.