Tour de France 2020

Bonjour de CloudTrade – en présentant la première Française de l’équipe, Rose Massie

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Tour de France

Read this blog post in English at the bottom of the page.

Comme CloudTrade continue d’élargir sa clientèle dans le monde entier, nous avons décidé d’agrandir notre équipe et avons fait notre première embauche en France. Parallèlement, au lancement de notre site web en français, nous cherchons à faire connaître les produits et services de CloudTrade à un public plus large en France et dans les régions francophones. Dans son premier billet de blog pour CloudTrade, nous présentons Rose Massie qui a eu l’extraordinaire privilège de voir le Tour de France dans sa ville la semaine dernière.

Allez CloudTrade!

Bonjour à tous de Charente-Maritime. Moi, je m’appelle Rose et je suis ravie d’avoir été nommée la nouvelle Directrice de Marketing en France. CloudTrade a déjà une forte présence en France et à partir de maintenant nous offrirons plus de contenu pour nos francophones, y compris le lancement prochain de notre site web en langue française – restez à l’écoute pour le lancement. Je suis extrêmement fière de faire partie de cette entreprise dynamique et je me réjouis de pouvoir aider davantage d’entreprises en France à automatiser leur saisie de données. Même dans la circonstance actuelle qui représente un défi pour nous tous, CloudTrade garde son optimisme et a de plus en plus de clients qui ont besoin de ses services. C’était avec cet esprit de confiance que je me suis trouvée avec le PDG de CloudTrade, David Cocks, à Saint-Palais-sur-Mer en Charente Maritime pour quelques jours cet été. Il est de retour en Angleterre et, bien sûr il est maintenant obligé de travailler de chez lui à cause des nouvelles restrictions. Toutefois, David a eu la chance ultime de voir le Tour de France passer dans ma ville, à cinq minutes de la maison !

C’était un honneur énorme pour CloudTrade de soutenir le Tour de France et, le Jour J arrivé, moi j’ai choisi la robe la plus jaune dans mon armoire. David portait une casquette bleue CloudTrade pour diffuser la présence de l’entreprise d’une manière colorée. Nous avons regardé le peloton de tout près dans l’Avenue de la République à Saint-Palais-sur-Mer avec les fans de cyclisme palaisiens et d’autres touristes de la ville, pour la plupart français – tout le monde, sauf les coureurs, bien masqués comme il faut.

Le tracé de cette dixième étape du Tour est allé de l’Ile d’Oléron à l’Ile de Ré via mon petit coin des Charentes. Il y avait une grande caravane publicitaire qui a pris une avance de 1 h 40 sur le peloton. Alors, il fallait attendre avec patience en attendant l’événement lui-même. Heureusement, la foule n’était pas dense et nous pouvions voir les coureurs en gros plan. C’était vraiment comme un rêve. Le peloton est arrivé en fanfare et avec un bourdonnement palpitant. Le ciel était d’un bleu-azure et la grande chaleur était modérée par un vent léger de l’ouest agréable. J’ai fait une vidéo de vingt-deux secondes, puis les cyclistes ont disparu à toute allure, direction Ile de Ré. Ça a été vingt-deux seconds de splendeur – et, hourra, CloudTrade était là où s’est trouvé l’événement du jour.

 Veuillez consulter le site web de CloudTrade, qui sera bientôt lancé en langue française avec une multitude de blogs et plus d’informations sur nos produits. Vous pouvez me trouver sur LinkedIn et je vous invite à me contacter si vous souhaiter en savoir plus sur nos produits et services.

Rose Massie

Après avoir étudié le français et l’allemand à l’université, Rose a travaillé dans le domaine de l’éducation et de la traduction pendant de nombreuses années avant de se lancer dans le monde des affaires et du marketing.

Elle partage son temps entre Saint-Palais-sur-Mer et le Royaume-Uni. Elle est mariée, a quatre enfants adultes, et passe ses week-ends à marcher, jardiner et lire.

English translation

Bonjour from CloudTrade – Introducing the first French team member Rose Massie

As CloudTrade continues to expand its customer base worldwide, we have decided to grow our team and made our first hire in France. Alongside the launch of our French language website, we look to bring the products and services of CloudTrade to a wider audience in France and the French-speaking regions. In her first blog post for CloudTrade, we introduce Rose Massie, who had the extraordinary privilege of seeing the Tour de France in her home town, just last week.

Allez CloudTrade!

Bonjour to everyone from Charente-Maritime. My name is Rose, and I am delighted to have been appointed the Marketing Manager in France. CloudTrade already has a strong presence in France and from now on we will offer more content for our French speakers, including the upcoming launch of our French language website – stay tuned for the launch. I am extremely proud to be part of this dynamic company and look forward to helping more businesses in France to automate their data capture.   

Even in the current challenging situation, CloudTrade is optimistic and moving forward with growth plans. It was in this confident frame of mind that I spent a few days this summer with CloudTrade’s CEO, David Cocks, who joined me in Saint-Palais-sur-Mer in Charente Maritime on the west coast of France. Having returned to England he must of course now work in isolation for two weeks due to the new restrictions. For David this is definitely a price worth paying for as he had the great good fortune to see the Tour de France pass through my town – only five minutes’ walk from the house.

It was a great honour for CloudTrade to support the Tour de France! On the day I picked a yellow dress from the wardrobe and David sported a blue CloudTrade cap to add a little colourful publicity to the day. We were able to watch the peloton from right up close, at the very edge of the local Avenue de la République, standing with local cycling fans and some other (mostly French) tourists, not too close together and all of us appropriately masked.

The route of this 10th stage of the Tour went from Ile d’Oléron to Ile de Ré via my neck of the woods in Charente-Maritime. There was a raucous one-and-a-half-hour procession of advertising floats that noisily prepared the ground for the arrival of the cyclists, so we had to exercise some patience while waiting for the event itself. However, we were delighted with our wonderful roadside position and when the competitors came into view it was like entering into a fabulous dream. The peloton was given a spectacular welcome and there was a thrilling and intense whirring of very fine wheels. The sky was azure blue and the unusual September heat was moderated by a welcome westerly breeze. I busied myself making a 22-second video and then they were gone, at unbelievable speed, off to Ile de Ré. It had been a magnificent 22 seconds – and, hurrah, CloudTrade had been present at the action!

Please look out for the CloudTrade website, launching in the French language soon, with a host of blogs and more information about our products and services. You can find me on LinkedIn and I invite you to contact me as I would very much appreciate discussing your company’s data capture and document automation requirements.

About Rose Massie –

Having specialised in French and German at University, Rose worked within education and translation for many years before moving into business and software sales.

She divides her time between Saint-Palais-sur-Mer and the UK, is married and has four grown-up children. She spends her weekends walking, gardening and reading.

Video of the Tour de France –

The Tour de France en Charente-Maritime

Australia and New Zealand

CloudTrade is now accredited as a PEPPOL access point in Australia and New Zealand

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CloudTrade is now accredited as a PEPPOL access point in Australia and New Zealand

Leading PEPPOL access point provider expands its network to Australia and New Zealand.

Europe and North American leading PEPPOL access point providers CloudTrade, have been approved for operation by both the PEPPOL authorities in Australia and New Zealand, which both established the framework for e-invoicing in late 2019.

The launch sees CloudTrade’s unique and patented e-document service available as an access point to companies transacting via PEPPOL in the Trans-Tasman region.

This new accreditation brings expansion to CloudTrade’s access point availability, which is already being used extensively in Europe and North America, providing access to over 33 countries worldwide already using CloudTrade’s services. Companies can take advantage of the single global procurement network, and by adhering to PEPPOL standardisations, access easy communication between sender and receiver and quicker exchanges of invoices, as well as simplified cross-border procurement.

CloudTrade offers buyers a range of data capture and processing solutions to take advantage of the established supplier base already on the CloudTrade network, which ensure optimum data accuracy as well as ensuring fast adoption for suppliers. With CloudTrade onboarding for suppliers onto the PEPPOL network is very easy, without changes to current IT systems, taking a matter of minutes rather than days or weeks.

For more information on how to gain access to CloudTrade’s PEPPOL access point in Australia and New Zealand, please contact us.

About PEPPOL

Pan-European Public Procurement Online (PEPPOL) enables documents like invoices to be exchanged without manual intervention between buyers and suppliers. Sometimes called a ‘four corner model’, any buyer can trade with any supplier on the network, once connected.

Providing a simplified standardised communication model between companies, enabling easy communication, speed of exchange and increasing efficiencies.

About CloudTrade

Founded in 2010 to offer a fresh approach to electronic document processing, CloudTrade’s patented technology, enables companies to evolve past their reliance on paper and transact digitally with their trading partners, irrespective of size or technical maturity. CloudTrade’s unique solution offers the highest level of accuracy for data extraction and validation on the market and supersedes more traditional capture methods and OCR based technologies. The cloud-based solution, deployment is rapid and at the same time delivering true straight through processing. For more information, please visit: www.cloud-trade.com

Please direct press and marketing enquiries to:

Sarah Pritchards

Marketing Manager, CloudTrade

Tel: +44 (0) 208 638 6247

Email: sarah.pritchards@cloud-trade.com

David Cocks out cycling

CEO David Cocks – ‘CloudTrade continues on the path to growth success’

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Lockdown has got the family and me out cycling!

Despite challenging economic circumstances and the impact on businesses globally, CloudTrade has maintained support levels to meet customer demand and is still set to meet growth targets for FY21. David Cocks, CloudTrade CEO, discusses the challenges, successes and unexpected benefits to come from the global pandemic and subsequent lockdown.

David Cocks, CloudTrade CEO –

The Team

It has now been four months since the UK went into lockdown and we temporarily moved out of our London and Newcastle offices into the atypical situation of complete home working. Fortunately, due to our cloud set-up, all teams were able to quickly settle into home working, with very imaginative work set ups, including bedrooms, kitchens, garden sheds and, for Michael Thomson (Head of Engineering) his under-the-stairs cupboard.

Our team remaining healthy, physically and mentally, has been of the utmost priority and I’m pleased to say that, thank goodness, the team and their families have largely avoided the virus and remained fit and well.

For our customers and partners, the experience of CloudTrade day-to-day has remained unchanged with ‘business-as-usual’ being the overwhelming phrase. Although, our online calls have become a bit more lively and included backgrounds to provoke a conversation (“nice wallpaper” is one I’ve heard) or perhaps the interruption of a pet/child/spouse – which I’d like to think has in fact added variety and the human element to business conversations.

I’m very proud of how our teams have transitioned so smoothly and coped well with the upheaval and unpredictability of the lockdown. As the saying goes, a business is only as good as its people, and that couldn’t be truer than at CloudTrade.     

Transactional volumes – we’re breaking records!

With the well reported economic slump seen during the early spring, it was only natural that CloudTrade saw a speedy decline in volume of business documents processed each day, as trading in general declined. However, these volumes quickly bounced back with May seeing a steady increase and June back to pre-lockdown levels. The dynamic, adaptable, and sustainable nature of CloudTrade’s data capture and extraction software means it responds readily to changes in volume without compromising on the speed of processing or quality of the data capture. The CloudTrade service continues to deliver the data you trust whatever document or how many are processed.

Big news for CloudTrade – July is a record breaker! From our preliminary reports July 2020 is set to be a record month for CloudTrade in terms of the volume of documents process and the number of new customers going live. This is an exciting step in the growth plans for CloudTrade. We are still on course to hit our business growth targets despite a global pandemic and when many businesses in our sector have struggled. This is testament to the hard work of our teams, the fantastic customers we work with and a great product.

The future looks green and blue

In spite of the challenges seen in the last few months, the Development and Operations teams have successfully continued the rollout out of our new, Azure-hosted, auto-scalable-on-demand, containerised architecture. Although processing times have always been speedy, this new rollout has reduced processing times in some cases by over 90%. The inherent fault tolerance and resilience in the design of the containerised architecture now boosts our service when running 365 days a year 24/7 and guarantees processing times even during the absolute peak loads.

Lockdown has also given us opportunities to refocus on our product development. Very excitingly we are developing the latest version of our machine learning algorithms to create ever more sophisticated capture heuristics from large data sets of historical documents, increasing the knowledge learnt from documents therefore enabling speedy and more sophisticated auto-rules writing. We will be demonstrating the beta release with a new user interface around Christmas 2020 – one to watch out for.

Lockdown priorities changed

And finally, as we start to cautiously move back into our offices and make these COVID safe, it is a chance to look back and reflect on what lockdown has meant for our customers, CloudTrade and ourselves. For me, overwhelmingly the lockdown has re-prioritised the need for automated business document processing without the ties to manual processing for many businesses. In times of crisis, the phrase ‘all hands on deck’ springs to mind and everyone rallies to keep a company afloat. What you don’t need is valuable team members being tied to manual processing of invoices etc. or relying on needing a physical OCR scanner in the office (which is closed). We’ve seen some customers appreciate the need for our tech and we’ve then onboarded them quickly (sometimes in two weeks), to support them during the pandemic.

Furthermore, it is a chance to reflect personally on what I’ve experienced during lockdown. Without the commute, my bike rides have certainly been more frequent. I thought you’d all enjoy the picture of my family and me on a recent bike ride around the West Sussex countryside – a beautiful place to enjoy, which I’d thoroughly recommend!

Interested in learning more?

Look out for my upcoming report on the impact of COVID on different industries, looking at the impact on trade in general and the estimated recovery.

David Cocks, CloudTrade CEO and cycling enthusiast

CloudTrade and Embridge Consulting Partnership

CloudTrade announces new partnership with Unit4 elite partners, Embridge Consulting

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30.07.20

CloudTrade announces new partnership with Embridge Consulting

CloudTrade is delighted to announce a new partnership with Embridge Consulting, a Unit4 elite partner and systems integrator.

CloudTrade Technologies Ltd. announces a new partnership agreement with Embridge Consulting, a specialist Unit4 partner and systems integrator. This new partnership helps bring CloudTrade’s unique patented intelligent document processing technology and product suite to Unit4 customers in the UK and beyond.

Embridge Consulting specialises in digital transformation, project management, ERP consultancy and training. A partnership with CloudTrade brings intelligent document processing to the Embridge Consulting portfolio. With 100% data accuracy for inbound invoices, as well as fraud protection and automated intelligent order processing, the CloudTrade product suite brings automation benefits to any business.

The market-leader in rules-based document processing automation, with low cost and high adoption, CloudTrade’s technology is already bringing huge benefits to over 650 customers across a wide range of industries globally. A partnership with Embridge Consulting, further enhances CloudTrade’s technology implementation support and project management for Unit4 users.

“Embridge work with their clients to solve problems. This includes offering the latest and proven technologies that deliver real benefits through automation and transformation. This is where CloudTrade’s strengths exist. We are excited to be working in partnership with Embridge and supporting their clients as part of their digital strategy”

Jeremy Phillips, EMEA Alliances Director for CloudTrade

“Our partnership with CloudTrade is an important step in helping our clients move forward on their digital transformation journey. The CloudTrade service provides a unique opportunity for businesses to make genuine sustainable savings and allows employees to focus on strategic initiatives rather than manual processing. CloudTrade is a true partner to businesses, not just an administrative tool and we look forward to introducing CloudTrade to our customers”

Mark Harris, Business Development Director, Embridge Consulting

About Embridge Consulting

Embridge Consulting was founded in 2009 as an independent consultancy advising businesses who were looking to embark on a change programme where efficiencies and cost savings can be delivered using modern technology.

Working with clients across multiple sectors to understand, design and deliver pragmatic technology and learning solutions along with robust business change programmes. Embridge has the requisite business, project and technical skills to exceed expectations. 

Embridge Consulting has a strategic relationship with Unit4 working closely with both the regional and Global Leadership teams at Unit4, ensuring our services continues to provide value to the Unit4 client base.

About CloudTrade

As the market leader in document automation, CloudTrade makes 100% accurate data processing accessible for all senders and receivers of application generated documents. Over 650+ customers globally around the world trust CloudTrade with $20bn worth of documents as their application generated document automation tool, alongside our 50+ partners.

Founded in 2010 to offer a fresh approach to electronic document processing, CloudTrade’s unique, patented technology, enables companies to evolve past their reliance on paper or labour intensive manual processing and transact digitally with their trading partners, irrespective of size or technical maturity.

CloudTrade’s core product suite focuses on e-invoicing, including newly launched Universal Capture to automate all volumes and document types, Invoice Fraud Protection, as well as Intelligent Ordering Processing. Visit our website for more information – www.cloud-trade.com 

Media Contact

Sarah Pritchards

Marketing Manager

sarah.pritchards@cloud-trade.com

Copyright CloudTrade 2020

Navigating the COVID crisis: A note from our CEO

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The need for new ideas for data capture has become much more necessary due to lockdown restrictions.

“Intelligent Automation “ is the latest buzz phrase. CloudTrade has always promoted complete automation as the solution of preference on the digital journey. As organisations negotiate the current global COVID crisis, the benefits of removing all manual activities from business critical processes has become even more apparent. The last few weeks have been very busy for CloudTrade, assisting organisations where their Business Continuity Plan (BCP) has failed, due to the reliance on employee access to IT and physical material only available within quarantined office locations.

All of CloudTrade’s operational processes are located in the Cloud. For the immediate future, all of CloudTrade staff are working from home with full systems access through secure virtual networking. Using the latest Microsoft Azure services our systems and data are replicated continuously across multiple data centres.  Customer’s document processing continues to run 24/7. 

Many of CloudTrade’s long-term customers have used our service to create efficiency and reduce time in their accounts payable process.  However, we have always processed other documents and the COVID crisis has brought into acute focus the need for speed, accuracy and automation in handling of inbound electronic orders. Companies like Amazon, have set the bar very high where, even in these difficult times, next day delivery is the expected norm. We have been pleased to have signed up several new organisations to our e-ordering service both in Europe and North America, creating efficiencies and speeding up fulfillment: saving money and making happy customers.

We would like to send our best wishes to all our customers during these turbulent times. Our Customer Support team are still on hand to support you with any queries and, for our new customers, projects continue to get underway.

A second thank you is to the CloudTrade team. Thank you for your continued hard work and for adapting so quickly to the changes that occurred due to lockdown.

As we look to a future post COVID, the need for complete automation of our business practices will continue to push forward. It will be hard to forget the impact of the unpredictable on the ‘status quo’ and companies will need to ‘think digital’ for every aspect of their business.

Stay safe,

David

Business As Usual

CloudTrade Business Continuity Plan during Covid-19 virus outbreak

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In light of the ongoing concerns about the Covid-19 virus outbreak, CloudTrade wants to reassure our customers that our service continues to operate as normal. Please see the details below that form our Business Continuity Plan (BCP).

CloudTrade Business Continuity Plan

In the event of a serious incident affecting the office e.g. through fire, flood, loss of utilities, severe weather or problems with transport links or neighbouring buildings, our use of cloud-based applications and mobile phones / IP telephony denotes that these events will have minimal effect upon the business.

If a serious BCP event does occur, our staff can work from home or other remote site for the short term, if the event is prolonged we may, at the discretion of senior management, relocate to a Regus centre or similar short-term office space provider. Staff can continue to work using their existing laptops, and smart phones. However, we do acknowledge that working in a temporary work area may expose our information assets to risks particularly around information leakage or other breaches of confidentiality.

All staff have the ability to work from home in an emergency event utilising Microsoft Azure and Virtual machines or using our Rules Development Environment which will be installed on their own device. Any staff without the ability to work from home will either use one of our remote working laptops or have a laptop purchased for them on next day delivery. CloudTrade understands the risk involved in staff working at home using BYOD. All CloudTrade staff are provided with a “Mobile Working Policy” which ensures the risk is minimised.

Our core application infrastructure is located within UKFast and Azure which is replicated at multiple secure UK data centres the majority of which are certified to ISO27001.  Their staff, and their suppliers cannot access our data, consequently the BCP security implications (for confidentiality and integrity) are minimised.

For those clients who are hosted in an Azure environment, in the very unlikely situation that there was permanent, catastrophic failure of the operational Microsoft data centre the service would be restored within 48 hours in an alternative Microsoft location:

  • The Portal application would be reinstalled from GitHub and the database restored from the backup
  • A new Windows VM would be configured and Gramatica installed and configured from GitHub
  • A new Azure Kubernetes Service cluster would be created, and applications deployed from Infrastructure as Code files stored in GitHub
  • A document reconciliation would be made between the record in Portal and the input documents in the recipient email inboxes. Any documents found to be missing (i.e. that were in transit at time of failure) would be reprocessed.

If you have any further questions, please contact: support@cloudtrade.zendesk.com

Strength in partners – JavTechnology teams up with CloudTrade in providing e-invoicing solutions

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A press release from JavTech regarding the new partnership with CloudTrade.

JavTechnology Incorporated announces its recent partnership with CloudTrade Technologies Ltd (CloudTrade), the revolutionary cloud-based e-invoicing and e-commerce provider. The new JavTech and CloudTrade service offers clients with a simple, high adoption, low cost alternative to traditional heavyweight OCR or more traditional e-commerce solutions, such as EDI.

The venture is timely as the Asia Pacific region is quickly gaining steam in its e-invoicing efforts. The Philippines has already launched the Digital Transformation Strategy 2022, with the aim of completing the country’s e-invoicing system by the end of 2022. While Singapore, has joined the European Commission’s e-invoicing initiatives to promote the exchange of e-invoices across national borders. CloudTrade’s non-disruptive approach to e-invoicing together with Javtech Inc.’s experience in implementing the solution is a perfect opportunity to automate the invoicing process in the region.

“We have exciting times ahead of us. Entering into a partnership with CloudTrade creates a powerful opportunity for us to significantly expand our presence in the e-invoicing market particularly in the Asia Pacific region. At the same time, it allows us to strengthen relationships by advancing on our skills, knowledge and expertise to serve our clients in the most efficient way we can.”

Alexis D. Dupaya, General Manager

About JavTech

A company built on experience and expertise, JavTech pioneers in providing services specializing in electronic invoicing and data integration services from small to large scale enterprises. They are a team of professionals who have an in-depth knowledge and understanding in the implementation of e-invoicing, data integration and other various IT Service Management projects – Software Implementation, Network Installation and Implementation. They have handled accounts from major establishments and corporations in the Asia Pacific, Europe and Americas region.

Learn more at: http://javtech.biz  

About CloudTrade

CloudTrade solves the main challenge in the e-invoicing and e-trading market – how to move the maximum number of trading partners onto electronic document delivery in the shortest possible time frame – and without disrupting the supply chain. CloudTrade achieve this using their patented e-document service. As the market leader in document automation, CloudTrade makes 100% accurate data automation accessible for all senders and receivers of application-generated documents. Over 500+ customers globally around the world trust CloudTrade with $20bn worth of documents as their application generated document automation tool, alongside its 40+ partners.

Please direct press and marketing enquiries to:

Sarah Pritchards

Marketing Manager, CloudTrade

Tel: +44 (0) 208 638 6247

Email: sarah.pritchards@cloud-trade.com

Partnership Announcement

CloudTrade and NEOOPS announce new partnership

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Blue Prism RPA certified partner signs a partnership agreement with leading data acquisition automation tool.

NEOOPS, a specialist consulting company in RPA services, designing robotic solutions and automating processes, today announces a new partnership with CloudTrade Technologies Ltd (CloudTrade), the leading global provider of cloud-based intelligent data acquisition and electronic document processing. The partnership enhances NEOOPS customer’s RPA bots with access to data at unrivalled levels of accuracy.

CloudTrade is the market leader in automating data acquisition, validation and augmentation from electronic documents from receivers of pdf or any other types of electronic documents, such as invoices, orders, applications and contracts. The partnership offers NEOOPS customers the opportunity to harness CloudTrade’s unique technology to acquire extraordinarily levels of accurate data to power Blue Prism RPA bots to perform business specified tasks in accordance with enterprise goals and requirements.

Accurate data means your robot can perform its task to deliver the required business outcomes. Inaccurate data will require the bot to perform additional tasks to correct the data or it will process the inaccuracy downstream with the related consequences. This is why CloudTrade, as a rules-based solution, is the perfect integration for RPA, as accuracy and compliance are so critical. With perfect data quality from CloudTrade, NEOOPS customers using Blue Prism RPA bots can be fully utilised to perform at their highest levels of efficiency

As the market leader in data acquisition and electronic document automation, CloudTrade is a natural extension to an RPA project the 100% data accuracy enables end to end process automation. Over 500+ customers globally trust CloudTrade with $20bn worth of documents as their application generated document automation tool, alongside our 40+ partners. CloudTrade’s integration with RPA solutions, provides enterprises with the ability to capture line level data from any document type, within the RPA robots defined workflow.

“I met with NEOOPS in the Autumn of 2019 in the Czech Republic and immediately recognised a synergy between our businesses and a strong cultural fit. In the world of business process automation NEOOPS are recognised as a leader in Robotic Process Automation (RPA) working across industries to support the integration of RPA to transform and automate labour intensive business processes. The natural fit therefore was with CloudTrade’s innovative technology approach of acquiring target data fields at line level from human readable documents such as invoices, orders, applications and contracts. The combined approach delivers true end to end business process automation, 100% data accuracy with no human touch points. We are delighted to be working with the NEOOPS team and are looking forward to our future collaboration and the many successful years of growth ahead.”

Steve Britton, Client Director, CloudTrade

About NEOOPS

NEOOPS designs robotic solutions, implements Blue Prism automation software and builds robotic capability for their clients. NEOOPS became the first RPA services provider in continental Europe and is one of the first certified partners of Blue Prism. NEOOPS have been helping their clients build end-to-end robotic capabilities for over 6 years. During this period, NEOOPS has implemented Blue Prism for more than 60 clients. Initially focused on Central and Eastern Europe, NEOOPS now covers the rest of Europe and the US. The key differentiator from other RPA Providers is that NEOOPS help clients to quickly build RPA capability and make them self-sustainable in a short period of time. For more information please, please visit: www.neoops.com.

About CloudTrade

Founded in 2010 to offer a fresh approach to electronic document processing, CloudTrade’s unique, patented technology, enables companies to evolve past their reliance on paper and transact digitally with their trading partners, irrespective of size or technical maturity. CloudTrade’s solution offers the highest level of accuracy for data extraction and validation on the market and supersedes more traditional capture methods and OCR based technologies. The cloud-based solution, deployment is rapid and at the same time delivering true straight through processing. For more information, please visit: www.cloud-trade.com

Please direct press and marketing enquiries to:

Sarah Pritchards

Marketing Manager, CloudTrade

Tel: +44 (0) 208 638 6247

Email: sarah.pritchards@cloud-trade.com

CloudTrade’s Intelligent Data Processing solution now available on the Blue Prism Digital Exchange.

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CloudTrade is delighted to announce that we have recently joined the Blue Prism Technology Alliance Program (TAP) allowing customers using Robotic Processing Automation (RPA) technology to utilise 100% accurate data to complete business specific data requirements.

CloudTrade, market-leader in intelligent data processing, announces that we are now available for Blue Prism customers on the Blue Prism Digital Exchange. As part of the TAP program, CloudTrade’s solution serves to augment and extend the traditional RPA capabilities.

The integration of CloudTrade and Blue Prism’s Digital Workforce means customers can easily automate and extract line level data with 100% accuracy delivering unprecedented levels of detail. CloudTrade uses patented document automation tools to take in application generated documents including invoices, orders, statements, legal documents and many more. This enables Blue Prism Digital Workers to support a host of use cases such as on-boarding, fraud prevention or procurement optimization. The partnership provides early validation to ensure all incoming documents meet business specific data requirements, further enhancing downstream processes.

“The CloudTrade and Blue Prism partnership is exciting for RPA. Allowing customers to utilize extraordinarily accurate data, extracted, validated and processed, without human intervention, is a massive step in powering and automating RPA processes. Our patented solution is the only platform to extract and validate data in this way and we can’t wait to show Blue Prism’s partners and customers how it can transform their business”

Steve Emecz, CRO, CloudTrade

Find out more

If you’re interested in finding out more about this exceptional partnership and how we can help your business, contact us here.

About CloudTrade

­­­­­­­­As the market leader in document automation, CloudTrade makes 100% accurate data automation accessible for all senders and receivers of application-generated documents. Over 500+ customers globally around the world trust CloudTrade with $20bn worth of documents as their application generated document automation tool, alongside our 40+ partners. 

Media Contact

Sarah Pritchards

Marketing Manager, CloudTrade

Tel: +44 (0) 208 638 6247

Email: sarah.pritchards@cloud-trade.com

Copyright CloudTrade 2019

CloudTrade announces new partnership with Fiscal Technologies

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Fiscal Technologies and CloudTrade

100% accurate data capture improves risk prevention in the P2P cycle

CloudTrade, a leading provider of cloud-based intelligent data capture services, announces its partnership with FISCAL Technologies, a global provider of forensic financial risk management solutions. The partnership offers CloudTrade’s customers the ability to further strengthen their Purchase-to-Pay (P2P) risk protection with proven solutions and services from FISCAL Technologies. 

With traditional controls like external audits only picking up 4% of fraud by external auditors, according to a recent report by ACFE, CloudTrade’s customers can now utilise their captured data and further enhance their transaction processing with FISCAL Technologies solutions.

CloudTrade’s solution brings 100% data-accurate line-level capture into a customer’s purchase-to-pay protection workflows, providing fully auditable data that is validated before entry. By combining CloudTrade’s data capture solution and FISCAL’s Technologies’ NXG Forensics® cloud-based risk management platform, businesses can enhance their payment compliance processes, secure against invoice fraud, safeguard their working capital and, at the same time, reduce the risk and cost of missed payment recovery programmes. 

“This strategic partnership with Fiscal Technologies brings together complementary solutions in fighting e-invoice fraud, allowing customers to utilise extraordinarily accurate data, extracted, validated and processed, without human intervention”

Stewart Jacobsen, Alliance Director, CloudTrade

About CloudTrade

­­­­­­­­As the market leader in document automation, CloudTrade makes 100% accurate data automation accessible for all senders and receivers of application-generated documents. Over 500+ customers globally around the world trust CloudTrade with $20bn worth of documents as their application generated document automation tool, alongside our 40+ partners. 

About Fiscal Technologies

FISCAL Technologies is a world-leading provider of forensics and artificial intelligence powered solutions and services that empower purchase-to-pay teams across the globe to protect their organisational spend.

Incorporating unique technology to reduce risk in the supply chain, FISCAL Technologies’ award-winning cloud-based risk management platform is used on a continuous, preventative basis to protect supplier spend, defend against fraud, increase profitability and drive process improvement.FISCAL Technologies has safeguarded over 1 billion transactions with a spend value of over £5 trillion. For further information about FISCAL Technologies’ solutions visit www.fiscaltec.com.

Please direct press and marketing enquiries to:

Sarah Pritchards

Marketing Manager, CloudTrade

Tel: +44 (0) 208 638 6247

Email: sarah.pritchards@cloud-trade.com