Standardize your procure-to-pay processes, globally.
Achieve your transformation objectives and full compliance with easy-to-use P2P software.
Make procure-to-pay processes cost-effective.
Shuffling paper costs money. Digitizing your P2P process is a cost-effective way to drive efficiency across financial operations. Tradeshift brings AP, procurement & finance together in one place, so you can work faster and more efficiently.
Silos are for farmers.
You’re responsible for standardizing the entire procure-to-pay process. The technology you choose should get you to where your business is going, not to where your business has been. Tradeshift consolidates P2P processes and complete supplier management on a single, global platform. You get full compliance, engaged suppliers, and better visibility into all moving parts.
A better way to pay: on time
A Fortune 500 company saw their on-time payment rates go from 60% to 99.6% with Tradeshift.
All your suppliers.
Connect your suppliers, AP and procurement departments by digitizing invoice processing, data entry, matching & validation, and approvals on one platform. Speed up your procure-to-pay processes with E-invoicing, CloudScan™ data capture, and automated business rules that function within a single supplier touch point.
Get better compliance, inside and out.
Our cloud software is easy to configure and use, which makes employees & suppliers more likely to comply with P2P best practices. Our solutions are compliant in 35 countries throughout Europe, Asia and Latin America, so you can easily maintain regulatory requirements everywhere you do business.
No training required.
When you have the right technology at your disposal, change can be good. Even easy. Tradeshift is quick for employees & suppliers to adopt – it’s so intuitive, people naturally understand how to use it. This makes managing change easier within your organization and across your supply chain.
Achieve long-term strategic goals with every supplier on board.
We quickly onboard suppliers using a blend of marketing automation, “white-glove” service, document capture, and PO flips. Once they’re participating, reduce inquiries with Tradeshift’s self-service model, which allows suppliers to easily track invoice status updates. Full supplier participation brings you faster ROI and real business case results.
12x faster onboarding
In just 6 months, Tradeshift onboarded more suppliers for the world's most recognized athletic apparel, footwear and equipment brand than our competitor did in 4 years.
Whip supplier data into shape.
It’s costly and time-consuming to maintain accurate master data, so why not let suppliers do it themselves? We collect and validate W-9 information, bank account numbers and other details you approve. Then we help your suppliers keep it up-to-date, so you don't have to.
According to Hackett, it costs $18.31 every time you make a change to one supplier’s information.*
* February 5, 2015. The Hackett Group. 2014 Hackett Performance Metrics: Purchase-to-Pay.
Improve with the right insights.
Accurate data leads to easier decision-making and continuous improvements. Tradeshift’s dashboard provides key insights so you can improve effectiveness, compliance and productivity. Stay informed on invoice cycle times, straight-through processing, and metrics (like % of suppliers onboarded).
Learn how Tradeshift can help your enterprise.
Tradeshift takes your privacy seriously. We encrypt all personal information when sent over the Internet, so that it cannot be read in transit by a third party.