Kyocera selects Sidetrade to underpin its EMEA growth

SideTrade SA

18/04/2023 10:38

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20230418:nGNEZJPLc&default-theme=true




Kyocera has signed an EMEA contract with Sidetrade
(https://www.globenewswire.com/Tracker?data=EeeVI9QxNZknexblr__HLx-c_3Hdh9PMZE7mLVZjk08pO8cw0zC6rK-cQ4C-Hl2s_QjpfLsVqyEDRFchgK7Pzw==),
a global AI-powered Order-to-Cash platform, to maximize revenue and enhance
productivity.

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
(https://www.globenewswire.com/Tracker?data=l8vppfUoMvzhtkTQTM-ToCLcPmc3H96IM-PMCGZOYR2lQ8mtBx9U2A_sYogw8OsyY1xcxcNsJQV9UQ7lKk6uHg==)
to invoice faster, proactively drive cash flow, and accelerate payment
allocation with match rates of up to 90%.”



Kyocera Media relations
Michelle Wood               00 31 2065 400
98                                      
michelle.wood@deu.kyocera.com

About Kyocera Document Solutions Europe (www.
https://www.kyoceradocumentsolutions.eu/en.html)
Kyocera Document Solutions Europe is a group company of Kyocera Document
Solutions Inc., a global leading provider of total document solutions based in
Osaka, Japan. The company’s portfolio includes reliable and eco-friendly
MFPs and printers, as well as business applications and consultative services
which enable customers to optimize and manage their document workflow,
reaching new heights of efficiency. With professional expertise and a culture
of empathetic partnership, the objective of the company is to help
organizations put knowledge to work to drive change.

Kyocera Document Solutions Inc. is a group company of Kyocera Corporation
(Kyocera), a leading supplier of semiconductor packages, industrial and
automotive components, semiconductor packages, electronic devices, smart
energy systems, printers, copiers, and mobile phones. During the year ended
March 31, 2022, the company’s consolidated sales revenue totaled 1.8
trillion yen (approx. US$15.1 billion). Kyocera is ranked #665 on Forbes
magazine’s 2022 “Global 2000” list of the world’s largest publicly
traded companies, and has been named by The Wall Street Journal among “The
World’s 100 Most Sustainably Managed Companies.”

Sidetrade Investor & Media relations
Christelle Dhrif               00 33 6 10 46 72
00           cdhrif@sidetrade.com

About Sidetrade (www.sidetrade.com)
Sidetrade (Euronext Growth: ALBFR.PA) 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 now 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.



Attachment
*     Kyocera selects Sidetrade
(https://ml-eu.globenewswire.com/Resource/Download/922c34e7-3179-480d-823b-901051930f1a)