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|SIDETRADE-Financial Release : 2016 First Half Revenue, +14% of growth|
|Friday, 22 July 2016|
Sidetrade today announces its 2016 First Half Revenue:
Q2 Revenue growth: +14%
Quarterly double-digit growth for the sixth time in a row
Inter-company credit in the era of predictive analysis
Olivier Novasque, CEO and Chairman of Sidetrade Group, explains: "One of our priorities is to develop high value-added solutions throughout the Sales-to-Cash cycle that make it possible to quickly and accurately analyse the performance of its customer relationship. After being one of the pioneers of the Cloud in the early 2000s, Sidetrade is now ideally positioned to bring its customers major advances in the field of predictive analysis applied to customer relationship management. With SPi solution, we will launch a defining major innovation in the inter-company credit market.
"For the first time, our customers will have an objective measure of their performance on the management of payment terms and will have unique insights into the behaviour of their customers with other suppliers in general. Through the predictive analysis of payment behaviour, we will enable our customers to add objectivity to their commercial negotiations and to identify unexpected sources of cash."
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