Sidetrade is again a Gartner® Magic Quadrant™ Leader
09 May 2023 - 1:36AM
Sidetrade is again a Gartner® Magic Quadrant™ Leader
For the second year in a row, Gartner has
recognized Sidetrade,
global AI-powered Order-to-Cash platform, as a Leader in
the Magic Quadrant for Integrated Invoice-to-Cash
Applications.1
According to Gartner (source: Magic Quadrant
Research Methodology | Gartner), “Leaders execute well against
their current vision and are well positioned for tomorrow."
Sidetrade Chief Product Officer, Rob
Harvey said: “Artificial intelligence and data are at the
core of the intelligent enterprise. At Sidetrade, we are committed
to streamlining cash flow journeys with a customer-centric approach
through predictive analytics. Our AI virtual assistant, Aimie,
analyses buyer payment behavior to provide real-time insights and
recommendations, taking the guesswork out of decision-making and
improving performance.“According to us, being positioned as a
Leader by Gartner for the second year in a row is a tremendous
acknowledgement that we are on the right track! We remain focused
on our mission to help organizations unlock their customer value
and drive sustainable growth with our innovative solutions.”
From Sidetrade's perspective, its position as a
Leader in the 2023 Gartner Magic Quadrant acknowledges its ongoing
commitment to grow in the global market, with a focus on its
expansion in North America.
Sidetrade CEO and Founder, Olivier
Novasque, said: “At Sidetrade, we strive to innovate and
create collaborative and generative intelligence for Order-to-Cash.
Since our inception, we have never stopped innovating. We were
among the first to embrace the pure SaaS model and have created the
most unique Data Lake in our field.“Our customers have played an
essential role in this adventure, and we are thrilled to be
positioned as a Leader in the Gartner Magic Quadrant- ag ain! I
would like to warmly thank all our customers for their trust in our
advanced technology and all the Sidetraders for their hard work,
which made this recognition possible. After impressive growth in
2022, we look forward to another promising year of continued growth
in 2023.”
View a complimentary copy of this Magic Quadrant
report, here at
www.sidetrade.com/news/sidetrade-gartner-magic-quadrant-2023/.
Sidetrade has received several industry recognitions, including the
2022 Gartner Magic Quadrant for Integrated Invoice-to-Cash
Applications.
[1] Source Gartner, “Magic
Quadrant for Integrated Invoice-to-Cash Applications”, Tamara
Shipley, Nisha Bhandare, and Valeria Di Maso, 2 May 2023.
Gartner disclaimerGartner does
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publications, and does not advise technology users to select only
those vendors with the highest ratings or other designation.
Gartner research publications consist of the opinions of Gartner
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Sidetrade
Investor & Media relationsChristelle
Dhrif
00 33 6 10 46 72
00
cdhrif@sidetrade.com
About
Sidetrade
(www.sidetrade.com)Sidetrade
(Euronext Growth: ALBFR.PA), a leading and innovative provider of
solutions in the Invoice-to-Cash market, provides a SaaS platform
dedicated to securing and accelerating cash flow. Sidetrade’s
next-generation AI, nicknamed Aimie, analyzes $4.6 trillion worth
of B2B payment transactions daily in the Sidetrade Cloud to predict
customer payment behavior and the attrition risk of more than 21
million companies worldwide. Aimie recommends the best cash
collection strategies, intelligently automates actions on the
Order-to-Cash process, and dematerializes customer transactions to
enhance productivity, performance, and working capital management.
Sidetrade has a global reach, with 300 talented employees based in
Paris, London, Birmingham, Dublin, Houston, and Calgary, serving
global businesses in more than 85 countries. Amongst them: Tech
Data, KPMG, Nespresso, Hearst, Expedia, Manpower, Securitas,
Randstad, Engie, Veolia, Inmarsat, and Bidfood.Sidetrade is a
participant of the United Nations Global Compact and adheres to its
principles-based approach to responsible business.
For further
information, visit us at www.sidetrade.com and follow us on Twitter
@Sidetrade.
In the event of any
discrepancy between the French and English versions of this press
release, only the English version is to be taken into account.
- 230508_Gartner-Magic-Quadrant_2023_EN
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