Tradeshift

Tradeshift is a business network that uses AI to modernize the old source-to-pay (S2P) process. Its platform is designed with a network-based approach to B2B commerce, powered by intelligent automation to help businesses buy, sell and pay.

Ada, Tradeshift's AI, helps businesses around the world transform their buying, selling and payment processes. Since its launch in 2017, Ada has become the core of the platform, powering operations for more than a million businesses.

Some of the key aspects of Tradeshift include:

• Network: The world's fastest-growing B2B e-commerce network, adding 32,000 new connections each month, offering global e-invoicing and tax compliance services.
• Platform: Global accounts payable (AP) automation and e-procurement platform that integrates with third-party apps for real-time tax calculation, receivables financing and virtual corporate credit card solutions.
• Marketplace: B2B e-Commerce Marketplaces that help users discover new sources of supply, expand into new markets and create new customer opportunities, all while reducing costs and increasing revenue.
• Supplier Subscription: Helps suppliers manage invoicing without disrupting their existing systems, automating the entire process from creation to resolution.

Tradeshift's platform is designed to help businesses achieve specific goals, including:

• Lower Costs: Send and receive invoices digitally, automate AP processes, and use B2B Marketplaces for indirect procurement.
• Optimize Cash Flows: Provide virtual corporate credit cards for spend management and receivables financing to get paid faster.
• Acquire New Customers: Democratize B2B e-commerce by giving buyers access to new suppliers and sellers access to new customers and markets.

Tradeshift's unified platform is designed to integrate with existing systems, making it easy for businesses to get started and take advantage of its features. With operations in 190+ countries and millions of transactions each month, Tradeshift has become a trusted partner for businesses looking to modernize their B2B commerce processes.

By using AI and automation, Tradeshift empowers businesses to unlock cost savings and efficiencies that drive business growth.

Published on June 30, 2024