With an annual income of €4 bn per year, Manpower France collects 1.3 million receivables from 80,000 companies. To handle this volume, and increasingly complex payment procedures, Manpower’s Finance department started using Sidetrade technology in 2013. Sidetrade accelerates automation of the order-to-cash process, and models collection strategies for different segments of clientele. As a result, Manpower France improved their efficiency with a significant reduction in days sales outstanding.
Despite this excellent performance, considering the complexity of the purchasing process, and exponential growth in data, Sidetrade decided to enrich their platform with Artificial Intelligence technology.
Our solution, like all automation software, was based on a set of predetermined scenarios, which needed to be regularly revised by business experts. On top of this, Sidetrade added Artificial Intelligence, which exploits the profusion of data available on customer payment behavior, to provide financial teams with the best possible recommendations in real time », explains Jean-Cyril Schütterlé, Chief Product Officer at Sidetrade.
As a player in the evolution of the world of work, Manpower already uses AI in its interactions with its candidates and clients to support them in constantly changing environments. Manpower France’s Finance department was therefore an ideal candidate to test drive Sidetrade’s new AI platform, named Aimie.