Threadgold Consulting joins partner ranks of Sidetrade

28 May 2020 2 min. read
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B2B artificial intelligence platform Sidetrade is set to increase the power of its AI offering by leveraging a new partnership with Threadgold Consulting, a UK-based NetSuite implementation specialist.

Founded in 2017, Threadgold Consulting is an IT consultancy based in West Sussex. The company provides consulting, IT development and support for one of the world’s largest cloud-based ERP systems, NetSuite.

The firm’s services enable businesses to use SaaS products for efficiency, scalability, intelligence, and risk reduction. They also develop innovative proprietary solutions to address gaps in the NetSuite software ecosystem.

Now, a new partnership with AI platform Sidetrade will allow Threadgold’s SME clients across the UK to implement Sidetrade's accounts receivable solution. Sidetrade is a 20-year specialist in finance technology, and supports CFOs with challenges such as improving working capital, accelerating cash flow generation and reducing bad debt. Sidetrade's receivables solutions provide cash flow visibility in real time, improve collections, and increase customer satisfaction by resolving disputes faster.

Threadgold Consulting joins partner ranks of Sidetrade

Sunil Pandit, Partner at Sidetrade, said, “Our partnership will create a new entry point for smaller but scaling NetSuite user companies to get the edge over competitors. AI gives scaling companies a better handle on cash management, which means they can be less reliant on loans and other external funding. It also helps them show potential investors that they have responsible customer relations and cash flow, making them a more attractive investor opportunity.”

‘Aimie’, Sidetrade’s AI assistant, automates A/R, generates credit management team workloads, and recommends effective customer dunning strategies. Aimie also takes on and automates many of the large-volume, repetitive tasks. The new partnership will therefore benefit businesses by boosting their cash management and improving financial self-reliance. Meanwhile, responsible cash management and customer relations will make such SMEs an attractive option for investors.

Karl Threadgold, Managing Director of Threadgold Consulting, said, “We are excited to take advantage of these technologies for our customers, to augment the capabilities of NetSuite. Sidetrade and NetSuite complement each other extremely well, and we’re looking forward to bringing the power of Sidetrade’s solutions into the savvy and sophisticated SME market.”

NetSuite consulting partners

Last year, among others Capgemini, Deloitte, Digital Arena, Killiney Consulting, Providence Consulting Group, RSM and West Monroe Partners were named NetSuite's top partners for 2019 at the firm’s annual Global Alliance Partner of the Year awards in the US. Globally, 16,000+ customers use NetSuite solutions.