ALBFR Sidetrade SA

Sidetrade strengthens scalability with Chief of Staff appointment

Sidetrade strengthens scalability with Chief of Staff appointment

, the global leader in AI-powered Order-to-Cash applications, announces the appointment of Carole Benichou as its new Chief of Staff and latest addition to the executive committee. This appointment reaffirms Sidetrade's strategic plan through organic growth and acquisitions.

In her role as Chief of Staff, Benichou will act as a strategic advisor to Sidetrade’s CEO Olivier Novasque. She will play a key role in instrumentalizing Sidetrade’s vision and go-to-market strategies, creating added value with a unified global approach. Furthermore, Benichou will spearhead the development of strategic alliances worldwide with an emphasis on ‘the Big 4’consulting firms and will also contribute to M&A initiatives.

Olivier Novasque, Sidetrade CEO commented: "Carole’s remarkable career trajectory in the Software industry, coupled with her leadership and expertise in navigating complex sales cycles at a global level, position her as a key asset in driving Sidetrade's future.”

Benichou brings to Sidetrade an exceptional strategic acumen with two decades of experience spent devising marketing, go-to-market, alliances, pre-sales and customer success strategies at large American corporations, Procter & Gamble and Microsoft. Prior to joining Sidetrade, she was Senior Director in Azure Data & AI at Microsoft where she led pre-sales and customer success.

Reflecting on her new role, Carole Benichou, Sidetrade Chief of Staff, said: “It is a privilege to be joining Sidetrade as Chief of Staff, and I’m eager to contribute to the group’s impressive trajectory. Sidetrade's AI vision for the future is not only ambitious, but also firmly within reach, and I'm thrilled to be part of the journey as we accelerate our path to revenue growth.”

This appointment underscores Sidetrade’s commitment to expanding its Order-to-Cash footprint, supported by a strategy focused on leadership and optimizing go-to-market.



Media relations

Becca Parlby                    00 44 7824 5055 84          

About Sidetrade ()

Sidetrade (Euronext Growth: ALBFR.PA) provides an AI-powered Order-to-Cash platform dedicated to securing and accelerating cash flow. Sidetrade’s next-generation AI, nicknamed Aimie, analyzes worth of B2B payment transactions daily in the Sidetrade Cloud to predict customer payment behavior and the attrition risk of more than 43 million buyers worldwide. Aimie recommends the best operational strategies, intelligently automates actions on the entire Order-to-Cash process, and dematerializes customer transactions to enhance productivity, performance, and working capital improvements.

Sidetrade has a global reach, with 320+ talented employees based in Paris, London, Birmingham, Dublin, Houston, and Calgary, serving global businesses in more than 85 countries. Amongst them: Bic, Biffa, Criteo, Expedia, HPE, Insight Enterprises, KPMG, Manpower, Nespresso, Nielsen, Nutrien, Siemens, Sodexo, Tech Data, UGI, Veolia, and XPO.

Sidetrade is a participant of the United Nations Global Compact and adheres to its principles-based approach to responsible business.

For further information, visit us at and follow us on X @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



EN
07/03/2024

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Sidetrade SA

Sidetrade: 2 directors

Two Directors at Sidetrade bought 330 shares at between 120.500EUR and 126.837EUR. The significance rating of the trade was 53/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last ...

 PRESS RELEASE

Stop Ignoring Hidden Drag on the Global Economy: Nearly 40% of Payment...

Stop Ignoring Hidden Drag on the Global Economy: Nearly 40% of Payments Are Locked in Payment Delays, According to Sidetrade Data Lake United States Averaging 25 Days Delay Despite Short Commercial Terms Europe Pays Faster Than the United States Aggregated and Anonymized Data Derived From the Payment Behaviors of More Than 42 Million Buying Companies Worldwide, Representing Over $8 Trillion in B2B Transactions , the Order-to-Cash AI company, today released new global payment data showing that late payments now account for 37% of the payment cycle. The findings come from the latest analys...

 PRESS RELEASE

Le crédit inter-entreprises est l’angle mort de l’économie mondiale : ...

Le crédit inter-entreprises est l’angle mort de l’économie mondiale : près de 40% des délais de paiement se jouent après la date d’échéance, selon le Sidetrade Data Lake Aux États-Unis, les retards atteignent en moyenne 25 jours, malgré des conditions commerciales favorables. L’Europe paye plus rapidement que les États-Unis. Données agrégées et anonymisées issues de comportements de paiement de plus de 42 millions d’entreprises dans le monde, représentant plus de 8 000 milliards de dollars de transactions BtoB. , l’entreprise d’IA dédiée à l’Order-to-Cash, révèle aujourd’hui que...

 PRESS RELEASE

Sidetrade: Randstad France Welcomes Aimie, a New Kind of Coworker and ...

Sidetrade: Randstad France Welcomes Aimie, a New Kind of Coworker and a New Performance Engine for Finance In a move that underscores the accelerating evolution of enterprise finance, Randstad France, a global leader in the HR services industry, has introduced a modern addition to its finance team: Aimie, the world’s first autonomous AI Cash Collection Agent. Developed by , a global leader in AI-powered Order-to-Cash solutions. Aimie engages customers directly, qualifies invoices, and optimizes Order-to-cash strategies autonomously. The decision reflects a growing trend among forward-looki...

 PRESS RELEASE

Sidetrade : Randstad France accueille Aimie, une nouvelle collaboratri...

Sidetrade : Randstad France accueille Aimie, une nouvelle collaboratrice pour renforcer la performance de la fonction finance À l’avant-garde de la transformation de la fonction finance, Randstad France, leader mondial dans le secteur du recrutement, de l’intérim et des ressources humaines, intègre une nouvelle recrue au sein de son équipe finance : Aimie, premier agent autonome d’intelligence artificielle dédié à la relance clients. Développée par , acteur mondial des solutions Order-to-Cash basées sur l’IA, Aimie interagit directement avec les clients, qualifie les factures et optimise de...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch