From the largest companies to the smallest ones, they need to be constantly renewing themselves and making changes to improve and grow as circumstances dictate. That's why they try and hire countless tools as they test which one will help them better meet their goals. Surely if you are a company or business you have already gone through this, so here is a tool that you should know if you want to manage better in your work.
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What is Tradeshift?
When Tradeshift is mentioned in a meeting, everyone knows that it is a market leader in accounts payable automation and e-invoicing, and it is very innovative when it comes to supplier financing and B2B marketplaces. Its platform features the cloud, which helps buyers and suppliers digitize their invoice processing, be able to automate accounts payable workflows, and grow without limits.
Headquartered in San Francisco, Tradeshift's platform currently hosts the network of buyers and sellers, is constantly growing, and operates in more than 190 countries. The company's vision is to connect businesses around the world to create economic opportunities for all.
It aims to act as an open meeting point where all people linked to a supply chain (whether workers, entrepreneurs, suppliers, among others) can interact in a single space. In this way, in a flexible collaborative environment, it seeks to improve the processes linked to the supply chain in its entirety, makes information flow, and at the same time maintain better control in all aspects of the purchasing environment.
Who uses Tradeshift today?
Today, global companies addressing compliance issues in various regions, with a focus on transportation and logistics, CPG, retail, manufacturing, pharma, energy, and technology, are benefiting from this effective tool.
Alright, for you to be a little more confident that this platform is reliable you must first know what are the features it offers to businesses, among them you will have the facility to:
- Have a mobile access
- Benefit from financial analysis
- Create reports in real-time
- Gather data in real-time
- Create your own invoicing
- Have audit management, invoice management, workflow management, compliance management, a supplier management, a purchase order management, a financial management, a data import and export, third party integrations
- Be able to have electronic payments
- Benefit from the activity dashboard
- Have invoice processing at your fingertips
- Have ACH payment processing at your fingertips
- Have an audit trail
- Have complete expense tracking
And the list goes on, from the features it offers, you can see how Tradeshift has taken care to meet all the needs that companies have along the way, so you can rest assured that it will help yours in the same way.
Tradeshift offers a free version that you can take advantage of and see for yourself the changes that will be evident in your business from the moment you purchase it.
In conclusion, Tradeshift has become one of the best options among the emerging alternatives. The solutions it offers like Tradeshift Buy and Tradeshift Pay take care of covering the entire PTP cycle and also facilitate access to advance payments. They have a good vision with the development of an app-based platform (both their own and third-party) and stand out for their excellent application of Artificial Intelligence for task automation.
Tradeshift has robust solutions when it comes to invoicing receipt and accounts payable process management, can be easily integrated with any ERP, and has one of the largest B2B supplier networks in the market.
- Number of features
- Learning curve
- User friendly
Alternatives to Tradeshift
Here you can find the top Tradeshifts alternatives
About the author
I work as an independent eCommerce and Amazon consultant.
Estrella Damm, Intersport, Bella Aurora, Lladró, Textura Interiors, Nice Things Palomas, Castañer, Due-Home and many other clients.
Lecturer & Teacher
I teach and have been a speaker at: Meet Magento, Prestashop, Prestashop Day, SEMRush, Cambra de Comerç Barcelona, ClinicSEO, Ecommbeers, Ecommbrunch, Ecommercetour.com, Ecommfest, EOI, ESIC-ICEMD, Foxize, Generalitat de Catalunya, Inesdi, Quondos and The Valley. In addition, I have done in-company trainings for brands such as Orange and Adidas.