CloudTrade and Pagero Partner to Launch Pagero Data Extraction for e-invoicing

  • Trading Systems , Cloud
  • 10.09.2021 03:20 pm

Pagero has chosen CloudTrade’s patented technology to simplify and optimise order and invoice processing accuracy in over 140 countries

 Pagero, the leading global cloud-based invoicing platform, has chosen CloudTrade’s unique, patented Gramatica technology to power its Pagero Data Extraction (PDE) service. CloudTrade’s solution integrates seamlessly with Pagero Online. Building on the platform’s existing capabilities by adding a simple-to-use data capture component, which guarantees 100% accurate data extraction and drives supplier adoption rates of 80-90%.

PDE helps organisations automate inbound order and invoice processing. Allowing trading partners of all sizes to transact and conduct business efficiently. Even if one of the parties does not have up to date e-invoicing or e-ordering capabilities. PDE gives teams access to essential, line-level invoice and order data, which is not available with traditional scanning and OCR methods. With PDE, businesses can make more informed business decisions and run smarter forecasting. 

“Supporting our customers on their journey to true digitalisation is very important at Pagero. Partnering with best-of-breed solution providers like CloudTrade ensures that our customers have access to the latest technology,” says Mattias Enerbäck, Head of Solution Partner Management at Pagero. “Pagero and CloudTrade are working together to simplify and optimise order and invoice processing for businesses of all sizes, and we are confident our new PDE service will become a cornerstone of many digital-first organisations across the globe,” Enerbäck adds.

Stewart Jacobsen, CloudTrade Alliance Director, adds: “We are delighted to be partnering with Pagero to bring 100% accurate data and document automation through our patented Gramatica technology. PDE, powered by CloudTrade, delivers the trusted data that businesses need to make everyday business decisions. Because our approach is so accurate and non-disruptive to any supply chain, adoption rates are extremely high.”

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. 

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