With most e-invoice, e-trading and EDI service providers, technical, process and financial barriers impact the success of supplier adoption. As a result, paper remains and the expected benefits fail to materialise.
CloudTrade removes the barriers to electronic invoicing for suppliers. More paper is removed, in a shorter time frame than any other e-invoicing approach. Guaranteed.
We don't ask your suppliers to change their systems to send EDI or XML.
We don't ask your suppliers to log onto a portal to submit their invoice or order.
We don't charge an organisation to send their invoices or orders to you.
Suppliers like our approach as it's non-intrusive: they don't have to change their systems or processes. Buyers like our service because of the results: more paper removed in a shorter time frame than any other e-invoicing approach.
CloudTrade acts as a front door to your business. If the document doesn't pass all the checks we've previously agreed with you, it doesn't get in.
What about the long tail of low volume suppliers? Our Cloud Capture service mops up the long tail, allowing every supplier to be an e-invoice supplier.
Our patented technology is developed in a language usually reserved for AI applications. Traditionally complex tasks are made simple in order to maximise adoption and usage.
Thousands of new suppliers connect and send invoices through our network every year. Our connection directory allows buyers to leverage the expanding network as it grows.
Supplier on-boarding doesn't need to be difficult. With over 90% supplier adoption rates typical, CloudTrade makes it easy.
CloudTrade exceeded our expectations - in just 6 weeks they were able to convert 90% of the suppliers we asked them to - equating to 80% of our invoices - from paper to e-invoicing.
Finance Director, AD Group
We are delighted - not only is it simple, great technology, but CloudTrade is a flexible and approachable company to work with. They have been able to adapt to meet our requirements and those of our clients. We look forward to working together in the future.
Vice President of Financial Solutions in Asia, Converga
By utilising CloudTrade, we have been able to reduce our operating costs by over 70%, as well as improving timeliness.