Strategy
Our patented market leading data acquisition technology supersedes all others, providing our partners with a unique competitive advantage.
Our cloud-based solution supersedes all other data acquisition tools. We provide 100% accuracy, even at line level, without reliance on OCR technology. These high accuracy rates ensures the strongest business case for your customer and increased value for your business. We automate a wide range of processes, the following are typical examples of how our partners use the service.
Invoice Processing Platform
Partner provides workflow-based invoice processing solution that drives efficiency within the Accounts Payable function
OCR applications have previously been required to maximize the benefits of invoice workflow processing applications – paper invoices are scanned, OCR’d and converted into a structure that can be uploaded into the invoice workflow application. CloudTrade provides a Pay As You Go service that removes the need to invest in an OCR application, by removing paper at source. E-invoices are received straight into the invoice processing environment within a couple of minutes of being sent by the supplier.
eProcurement / Marketplace
Partner provides eProcurement / Purchase-to-Pay / Marketplace platform that manages spend within an organisation
The CloudTrade solution often compliments eProcurement / Marketplace solution providers in much the same way as standalone invoice processing platforms. One common differentiator is that providers operating in this space may already have a network of connected organisations sending or receiving electronic documents. In this example, CloudTrade extends the reach of the partner solution by making trading digitally accessible to far more organisations – which in turn ensures more transactions flow through their platform.
Financial Management Application
Partner provides Financial Management, Accounting and/or ERP applications
Similarly to invoice processing platforms, within FMS, Accounting and ERP systems OCR applications have been required to maximise the benefits of invoice workflow processing applications. Whereby paper invoices are scanned, OCR’d and converted into a structure that can be uploaded into the invoice workflow application. CloudTrade’s solution provides a Pay As You Go service that removes the need to invest in an OCR application, by removing paper at source. Application generated invoices (most commonly PDFs) are received straight into the invoice processing environment within a couple of minutes of being sent by the supplier.
EDI / E-Invoicing / E-Trading Hub
Partner provides EDI / B2B Integration hub services
Due to the technical change usually needed for applications and infrastructure to send EDI or XML documents, this method of document sending is prohibitive for many organizations. CloudTrade helps EDI, e-invoicing and e-trading hubs extend their reach so that more organisations can start sending and receiving digital (application generated) documents.
BPO / Scanning Bureau
Partner provides outsourced business processing and/or transaction processing services
CloudTrade’s unique solution adds value to BPO and scanning bureaus in two ways: Firstly as a solution that allows organisations in this sector to reduce their operating costs. Secondly, as a new solution that can be sold as a value added service to new and current customers. CloudTrade can also help BPO and scanning providers mitigate the risk associated with the global decline in paper being used as the way to send important business documents such as application generated invoices and orders.
Consulting / Systems Integrator
Partner provides consulting and systems selection and integrations services
CloudTrade reduces operating costs in finance, sales and purchasing functions while increasing visibility and controls. The value levers are relevant to most organisations and provide consulting and system integrators an opportunity to introduce and deploy a solution that will deliver real and tangible benefits in their customer base.
Robotic Process Automation (RPA) solution
Partner provides a Robotic Process Automation (RPA) solution that provides automation for tasks otherwise performed by humans, across a variety of software platforms.
As CloudTrade delivers 100% accurate data at line level from simple to complex documents, it’s the ideal platform for RPA implementers to deploy automation downstream.
Our commitment to CloudTrade partners
- Sales and marketing support – including lead generation campaigns and incentives
- Fast turnaround demonstrations, POCs and test environments
- Solution training for sales and implementation teams
CloudTrade’s partners success is our success
Our approach is to add value to the solutions and services our partners offer.