Interpath, the international advisory firm, has announced an alliance agreement with Sidetrade, the global leader in AI-powered Order-to-Cash applications, as it accelerates the digital transformation of finance operations, empowering businesses to adapt more effectively to the demands of a rapidly changing economy.
Sidetrade (Euronext Growth: ALBFR.PA) is a leader in the global Order-to-Cash the market. Its AI technology, nicknamed Aimie, is powered by the Sidetrade Data Lake which processes $6.1 trillion in B2B payment transactions of more than 38.2 million business worldwide real-time daily in Sidetrade’s cloud.
With access to this substantial volume of commercial and financial data, Aimie radically transforms payment behavior analytics and provides exceptional accuracy in predicting the dynamics of cash flow generation. This in turn enhances productivity, boosts decision-making and improves working capital for large global enterprises.
The alliance with Sidetrade will support the Interpath’s continued growth and further enhance its ability to create, defend, preserve, sustain and grow value for its clients through working capital optimisation. In turn, Sidetrade will be able to draw on Interpath’s advisory capabilities across a wide range of markets and channels to help more leadership teams transform their Order-to-Cash operations.
Hope Rosenbaum, Chief Growth Officer, Head of Alliances at Interpath, said: "Sidetrade offers a world-class Order-to-Cash solution that leverages AI and cloud technology to make a transformational impact, complementing the work we do every day to help clients improve their financial performance and create value. The alliance couldn’t be timelier as businesses look for ways to make their cashflow work for them and find a more sustainable financial future. We look forward to working with Sidetrade as we leverage the technology and harness the expertise that we both hold to make a real difference for businesses we support across our international networks.”
Kevin Schafer, AVP Partners Europe, at Sidetrade, said: "We are excited to join forces with Interpath to extend the reach of Aimie, Sidetrade’s AI assistant, to a wider spectrum of organisations. By combining Interpath’s industry expertise with our advanced technology, we are creating a powerful synergy to help businesses unlocking new efficiencies in optimising working capital and driving sustainable cash flow growth.”
