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

CloudTrade goes live on the SAP App Center.

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CloudTrade Technologies’ PDF Invoice to SAP Ariba Capability – Customisations Solution Now Available On SAP® App Center

Solution delivers a service to convert supplier application generated PDF invoices to an SAP Ariba Network invoice for automated processing to the buyer

London UK – 3rd June 2019 — CloudTrade Technologies Ltd., today announced that its PDF Invoice to SAP Ariba Capability – Customisations solution is now available for purchase on the SAP® App Center, the digital marketplace for SAP partner offerings. PDF Invoice to SAP Ariba Capability integrates with SAP Ariba and delivers end-to-end automaton for supplier application generated PDF invoices to their customers’ finance applications.CloudTrade and SAP Ariba released their Standard PDF Invoice conversion capability in September 2018 to accommodate the standard Ariba Network data items.

“We are now immensely proud and very excited to be releasing an extension of this service to accommodate buyer ERP Customisation requirements on the App Center,”

Steve Britton – Client Director at CloudTrade

The customisation service reads and converts machine-generated PDF invoices with 100% data accuracy at header and line level, converts and enriches the acquired data to a format required by both the Ariba Network and the buyer’s finance application. The service is free to the supplier and reduces their costs, as their invoice is simply emailed or upload to the SAP Ariba Network. The buyer receives a validated data stream together with the original invoice for automated upload to their downstream processes.

David Cocks, CEO CloudTrade, says:

“We have been working with SAP Ariba since 2017 building an integrated, cloud-based service to meet the requirements and demands of some of the largest companies in the world. Both the Standard and Customised services provide the next step in P2P automation, relieving the labor-intensive and error-prone re-keying of invoices without sacrificing data completeness or accuracy.”

The SAP App Center provides customers with real-time access to approximately 1,900 innovative partner solutions that complement and extend their SAP solutions, enabling digital transformation of their business. SAP App Center customers can buy solutions directly from partners and centrally manage purchases, billing and vendor communications.

CloudTrade Technologies is a partner in the SAP® PartnerEdge® program. As such, it is empowered to build, market and sell software applications on top of market-leading technology platforms from SAP. The SAP PartnerEdge program provides the enablement tools, benefits and support to facilitate building high-quality, disruptive applications focused on specific business needs – quickly and cost-effectively. The program provides access to all relevant SAP technologies in one simple framework under a single, global contract.

About CloudTrade Technologies

CloudTrade is one of the fastest growing e-invoice and e-document networks, connecting over 120 organisations to thousands of their trading partners electronically across numerous sectors and regions across the globe. Founded in 2010 to offer a fresh approach to e-invoicing, CloudTrade enables companies to evolve past their reliance on paper and trade electronically with their suppliers, irrespective of size or technical maturity. CloudTrade’s unique, technology, delivers services not widely seen in the market, in a cost-effective way. CloudTrade’s software is protected by lasting patents in Europe, the U.S. and Australia. For further information go to: http://www.cloud-trade.com/

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SAP, SAP HANA, PartnerEdge and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE (or an SAP affiliate company) in Germany and other countries. See http://www.sap.com/corporate-en/legal/copyright/index.epx for additional trademark information and notices.

All other product and service names mentioned are the trademarks of their respective companies.

Media Contact

Sarah Pritchards, Marketing Manager, CloudTrade

Tel: +44 (0) 208 638 6247, Email: sarah.pritchards@cloud-trade.com

Copyright CloudTrade 2019