Electronic invoice processing firm CloudTrade has announced the completion of its first investment round, securing £2 million ($2,621,936 USD) from Calculus Capital. The funds will accelerate expansion of U.K.-based CloudTrade’s services in the U.S. and EMEA, while boosting the business’ second-stage global growth, which is...
Electronic invoicing firm CloudTrade is integrating its service into procure-to-pay platform OpusCapita, the firms announced Tuesday (Jan. 19). According to OpusCapita, its procure-to-pay and order-to-cash solution facilitates 600 million transactions a year with more than 8,000 customers across the globe. The integration of an eInvoicing...
The U.S. seems to have a paper problem. In B2B transactions, paper checks and paper invoices continue to dominate, leading to friction in invoice processing, data management and payments. The problem seems even more stark when compared against other jurisdictions across the world. Europe is...
Electronic invoice processing firm CloudTrade is aiming to capture data from more documents that pass through the back office by expanding its services. A press release issued Thursday (Dec. 14) said CloudTrade is launching Cloud Capture, a service that reportedly enables businesses to capture 100...
