Sidetrade Enhances Cash Collection Visibility with Software Update
Sidetrade has launched an update to its Augmented Cash software, aiming to improve companies' ability to track and manage their cash collection processes. The update focuses on enhanced usability and data clarity.
Sidetrade, a provider of business software solutions, has released an update for its Augmented Cash platform. The company stated the update aims to provide businesses with improved visibility into their order-to-cash process, with a particular focus on cash collection trends.
The latest version of the software features significant updates to its user interface and overall look and feel. Sidetrade indicated these changes are intended to make the platform more user-friendly and the data more accessible for finance professionals. Key enhancements include an extended 13-month view for Days Sales Outstanding (DSO) history, improved tools for examining key performance indicators (KPIs), and larger charts for clearer data visualization.
Augmented Cash is described as an AI-driven Software-as-a-Service (SaaS) solution designed for accounts receivable management. It aims to boost performance by benchmarking customer payment behavior, identifying potential cash opportunities, and suggesting optimal collection strategies for teams.
The platform's main dashboard has been redesigned to help credit managers and CFOs more easily monitor their collection team's performance, track DSO trends, and manage customer disputes. The updated color scheme aligns with Sidetrade's new brand identity.