CloudTrade joins forces with Palette to enhance E-invoicing solution

Palette Group and CloudTrade have inkted a partnership that will strengthen Palette’s position as a market leader of AP automation and P2P payment software. CloudTrade’s patented e-invoicing technology will enable Palette to offer customers a paper-free alternative, meeting a growing demand for high adoption and fast delivery.

This partnership marks the formalisation of a relationship spanning over 5 years, involving a network of shared end-users and channel partners. By further expanding their existing product offering, Palette has ensured that they remain innovative and lead the development of increasingly flexible solutions. With CloudTrade’s supplier adoption rate averaging an impressive 90%, Palette expect to see both an increase in new business and additional revenue from current customers.

Richard Manson, Commercial Director of CloudTrade:
“CloudTrade has entered a period of exceptional growth, having doubled its revenue continuously for the past 3 years. This new endeavour with Palette is the latest in a series of partnerships for us and it’s great to see our technology continuously complement and enhance existing services and solutions”.

About Palette and CloudTrade

Palette Group, established in 1993, is major provider of AP automation and P2P payment software and has offices worldwide and a web of clients stretching throughout Europe, America, Asia and Australia. London based CloudTrade was founded in 2010 by a team with over 25 years experience in e-invoicing, aiming to remove all barriers to adoption and usage.


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