E-invoicing and e-document processing service CloudTrade is partnering with Valtatech in an attempt to pursue global expansion.
CloudTrade said that the partnership would also strengthen its presence in Australia, Asia and Pacific markets (APAC).
The e-invoicing software is believed to reduce admin costs and make companies more efficient by fully automating accounts payable processes.
Valtatech is a financial process company which uses technology to help improve procure to pay, finance and back office automation.
Cloudtrade has pre-existing partnerships in APAC with Marketboomer, which helps hospitality companies become more efficient and data capture and document management compnay Converga.
CloudTrade CEO David Cocks said, “At least 80% of all invoicing in APAC is estimated still paper-based, so we are extremely excited to be bolstering our activities in the region.”
Copyright FinTech Global 2017
