Kyocera Document Solutions Europe (KDE), a leading global provider of total document solutions, has selected Sidetrade to control and analyze their cash flow and enhance productivity for central EMEA. This contract covers four Kyocera territories in the UK, France, Italy and the Netherlands.
Hiroshi Takenaka, Executive Vice President, KDE, commented: “In times of disruption and rapid change, businesses should focus on growth without compromising customer relationships. Through the partnership with Sidetrade, we will achieve our main objective of transforming information into a valuable asset that our organizations can leverage to drive change.”
Kyocera’s eco-friendly printers, business applications and consultancy services enable customers to manage their document workflow to achieve new heights of efficiency. With Sidetrade, Kyocera can now drive growth, achieve real-time cash visibility at HQ level and optimize resource utilization within the group. Sidetrade will also enable Kyocera to enhance their Order-to-Cash processes, proactively mitigate the risk of bad debt, and improve overall performance and sustainability.
Drs. Fraz Rasool RA, General Manager, EMEA Finance, Accounting & Control Division, KDE added, “Kyocera follows the Principle of Cash-Basis Management, which is a simple management style that focuses on the flow of cash. With Sidetrade, Kyocera found the right business partner that can help deliver better and faster business insight when it comes to cash collection from its valued customers.”
Kyocera joins international players in the manufacturing sector who already rely on Sidetrade to simplify customer payments and provide continuous improvements to their Order-to-Cash efficiency – from e-invoicing to payment.
Jean-Claude Charpenet, VP Sales Director Europe, Sidetrade, commented: “We are delighted to welcome Kyocera to the Sidetrade customer community and are looking forward to collaborating with this industry leader. It’s exciting that more major global organizations are relying on Sidetrade’s artificial intelligence and Data Lake to invoice faster, proactively drive cash flow, and accelerate payment allocation with match rates of up to 90%.”