AP automation software reduces invoice processing costs by 90%
Tradeshift's AP automation software eliminates manual processes, delivering straight-through, touchless invoice processing, with real-time data visibility for improved decision making.
Start transacting digitally with suppliers from day one. Detect fraud. Eliminate duplicate payments. Automate compliance with e-Invoicing regulations in 70 countries.
End-to-end AP automation software: how it works
Customers using Tradeshift’s AP automation software saved 3 million hours of manual work last year.
Eliminate manual errors, accelerate workflows, automate e-Invoicing compliance checks, and gain real-time visibility into your financial health.
15
years
helping businesses
transform AP
$240
billion
digital transactions
processed
1
million
suppliers onboarded
with Tradeshift
70
countries
covered with e-Invoicing
compliance
We’ve helped hundreds of customers deploy end-to-end AP automation, generating huge efficiencies and cost savings
Day 1
transactions
digitally with
your suppliers
99.5%
lower
reduction in manual
coding
70%
faster invoice
cycle time**
3m
hours
of manual work saved
for our customers last year
2.15x
higher
straight-through
process rates
Tradeshift solves your biggest AP automation challenges
Problem
Manual, error-prone processes
Is your AP team buried under an avalanche of invoices in every imaginable format? Juggling PDFs, emails, paper, and EDI leads to a mountain of manual data entry and costly errors, including duplicate payments and fraud.
SolutionTradeshift captures and digitises invoices from any format—automating data extraction, validation, and PO matching—eliminating manual work, reducing errors and automatically flagging any risk of fraud or duplicate payments.
Problem
High invoice processing costs
Manual coding, matching, and approvals are killing your team’s productivity and your bottom line. As invoice volumes grow, so do your costs and delays.
SolutionTradeshift automates all of those tedious and time-consuming tasks so you can process invoices faster, with fewer errors and lower costs.
Problem
Lack of visibility and control
Lack of visibility into invoice statuses, approvals, and cash flow creates a breeding ground for late payments, inaccurate forecasting, and even compliance risks.
SolutionTradeshift gives you instant, real-time control with customisable dashboards and secure archiving, so you can always see the full picture.
End-to-end AP automation software: how it works
Supplier
onboarding
First-invoice onboarding makes digital transacting easy from day one.
Invoice
capture
Automatically capture invoices from multiple sources, such as— e-Invoicing, PDF, OCR, or PO-flip submission.
Data extraction
and validation
Multi-way matching and validation ensure that invoices received comply with your business rules, minimising errors.
Approval
workflows
Invoices are automatically routed based on predefined rules, speeding up the process.
Compliance
& auditing
Tradeshift maintains an audit trail and ensures compliance with local e-Invoicing regulations.
Real-time
insights
Custom dashboards deliver visibility into approvals, payments, and spend.
Integration:
Integrate with your ERP, finance system or your own custom system
Integrate with any of your business systems. Tradeshift integrates with your existing ERP, billing, and procurement solutions, including pre-built connectors for leading providers like SAP and Oracle. This simplifies implementation ensuring smooth data flow and eliminating the need for costly custom integrations.
Exchange data effortlessly in any format. Tradeshift facilitates seamless data exchange between your systems, supporting various formats such as EDI, XML, and PDF. This ensures interoperability and eliminates compatibility issues.
Get up and running in no time. Our pre-built connectors and robust integration monitoring make setup quick and painless.
Key features and differentiators
Supplier collaboration, simplified
- Start transacting digitally from day one: With First Invoice Onboarding, you can start receiving e-invoices from your suppliers immediately—no complex setup is required
- Give your suppliers complete control and visibility. Every supplier gets instant access to a personalised Home App. From there they can easily manage invoices, track payments, and stay on top of their transactions with you.
- Resolve issues quickly and keep suppliers happy. Collaborate with suppliers in real-time directly through the platform, Resolve issues quickly without the need for a phone call or email exchange.
Advanced AI for smarter processing
- Let AI do the heavy lifting. AI automates coding, matching, validation, and exception handling, reducing manual intervention by up to 99.5%, so your team can focus on more strategic work.
- You’re in control. Easily set AI parameters to fit your exact needs. Whether it’s by supplier, invoice type, or confidence level, you can preview and customise the level of automation to suit your preferences.
- See the impact in real-time. Our interactive dashboards clearly show how the AI is performing and exactly how much time and money you’re saving.
Industry-leading global compliance
- Engineered to handle complex regulatory change. Tradeshift ensures compliant e-invoicing across your entire business ecosystem. PDP registered in France, we ensure your invoices comply with local laws in 70 countries, including Germany, China and India.
- Full interoperability with other business networks. As a certified PEPPOL Access point we enable businesses to exchange e-invoices with any other PEPPOL-connected company worldwide, regardless of their specific e-invoicing provider.
- Get the information you need, effortlessly. Need extra details on your invoices to comply with your business rules? Our platform automatically gathers that information from your suppliers, saving you time and hassle.
Seamless integration with any ERP
- Integrate with any of your business systems. Tradeshift integrates with your existing ERP, billing, and procurement solutions, including pre-built connectors for leading providers like SAP and Oracle. This simplifies implementation ensuring smooth data flow and eliminating the need for costly custom integrations
- Exchange data effortlessly in any format. Tradeshift facilitates seamless data exchange between your systems, supporting various formats such as EDI, XML, and PDF. This ensures interoperability and eliminates compatibility issues.
- Get up and running in no time. Our pre-built connectors and robust integration monitoring make setup quick and painless. You’ll be up and running with Tradeshift in no time, with minimal disruption to your business.
Full visibility and control over your AP
- Gain complete visibility into your AP process. Real-time dashboards provide comprehensive oversight of invoice statuses, approval workflows, and key performance indicators. Access critical information instantly and effortlessly.
- Optimize your AP workflow with automated task management. Tradeshift’s Task Manager streamlines your processes by automatically routing tasks to the appropriate team members based on predefined rules, ensuring efficient and timely processing.
- Use your data to drive better decisions: Generate customised reports with Tradeshift’s Insight Center or export data from our Data Lake for advanced analysis with your business intelligence tools.
What everyone is saying about Tradeshift
“Our vision was to standardise how we received digital documents across our entire supplier base.
Investing in this partnership and this project with Tradeshift was a good decision. We’ve found Tradeshift to be a very responsive partner.”
“We want to make sure that suppliers have a great experience.
For many of them, it’s a big change.
Really easy-to-use technology is a must, and that’s certainly what we get with Tradeshift.”
“The benefits of working with Tradeshift include freeing up your AP team to be more strategic by automating their more mundane tasks.
Tradeshift’s platform also help improve communication with suppliers and makes document handling more efficient and transparent.”
“Tradeshift is a very modern solution and that means you can adapt it to suit your business needs as you grow.
There are a lot of different applications available on the platform which we can use to enhance our way of working with suppliers and make it easier to process our invoices.”
Customer support rating
Star rating reflects quarterly customer survey results from buyers and suppliers on the Tradeshift network who submitted support queries.
Your AP automation partner:
implementation and support
Comprehensive support every step of the way
Tradeshift Professional Services supports you from initial planning to go-live and beyond, ensuring a smooth implementation with expert guidance at every step.
Proven, agile implementation approach
Our methodology draws on agile frameworks like PRINCE2, PMBOK, Scrum, and Half Double. Our partner network adds extra expertise and resources for larger digital transformations.
Year-round support and assistance
Access our expert team 365 days a year for help with Tradeshift features, network management, and troubleshooting whenever you need it.
Self-paced learning at Tradeshift University
Explore a wealth of resources, best practices, and product knowledge through Tradeshift University, available anytime for learning at your own pace.
At Tradeshift, security is more than a priority—
it's built into the foundation of our platform.
We take a multi-layered approach to security and data privacy, combining cutting-edge technology,
rigorous processes, and a security-conscious culture to protect your data and ensure business continuity.
Here’s how we keep your data safe:
Proactive risk mitigation
We continuously identify and address potential vulnerabilities through threat modeling, vulnerability scanning, and penetration testing.
Strict access control
We enforce strict access controls at every level, from our physical infrastructure to application code, ensuring that only authorized personnel can access sensitive data.
Employee awareness
We foster a security-first culture through ongoing employee training and awareness programs.
Industry-leading compliance
We comply with the highest security standards and regulations, including ISO 27001, SOC 1 and 2, and GDPR.
Incident response readiness
Incident response readiness We have robust incident response plans in place to effectively address any potential security events.
Transparent data handling
We are committed to responsible data practices and are transparent about how we collect, use, and share data, empowering you with control over your information.
Ready to streamline your AP process?
Take control of your accounts payable today. See how much time and money you can save.
AP Automation Resources
See all AP Automation resources
Ardent Report Highlights AP Teams’ Incomplete Digital Shift
Learn how Ardent’s "AP Metrics that Matter" report positions Accounts Payable at the forefront of an AI-driven revolution.
How Tradeshift Simplifies Invoice Automation with ERP Integration
Integrating your ERP or financial system with Tradeshift opens the door to seamless automation and efficiency. We spoke to Florin Radu who leads Tradeshift’s team of technical integration specialists dedicated to helping businesses eliminate manual work from their invoice submission process
The finance leader’s guide to AP automation (how-to guide)
Learn how to effectively communicate with decision-makers and stakeholders in your organization, making a compelling case for substantial performance changes that drive revenue growth and profitability.
Why your ERP needs Tradeshift to do AP right
Ardent’s “AP Metrics that Matter in 2024” report positions Accounts Payable at the forefront of an AI-driven revolution that many expect will solidify the department’s role as a strategic asset within modern enterprises.
Want your AP teams to stay ahead of the pack?
This report shines a light on the current state of accounts payable and its continuing evolution.
AP automation solution FAQ
Businesses of all sizes and industries can benefit from Tradeshift’s AP automation software, but those that tend to benefit the most often share certain characteristics.
These include businesses that process a high volume of invoices, have complex supply chains, operate in multiple countries, or have a significant amount of manual, paper-based accounts payable processes.
Additionally, companies looking for cost savings, improved control and compliance, and strategic insights from their financial data will find Tradeshift’s AP automation particularly beneficial.
Enterprises such as DHL, Air France-KLM, and Kuehne + Nagel, which handle thousands of invoices daily, are examples of businesses that have seen significant advantages from implementing Tradeshift’s AP automation software.
Setting up and configuring Tradeshift’s AP automation solution is designed to be a straightforward process, supported by a modern and intuitive user interface.
Our team works closely with your organisation to ensure a smooth transition. We start by setting up your account on the Tradeshift network and configuring it with data validation rules to avoid invoice exceptions.
We also build a custom pathway that fits into your existing AP workflow, allowing for minimal disruption to your operations.
Additionally, we assist in connecting and onboarding your suppliers to the Tradeshift network, ensuring that they are ready to send invoices digitally. Our First Invoice Onboarding capabilities enable suppliers to begin the onboarding process simply by sending a PDF invoice to a dedicated email address we set up for you.
Our dedicated supplier onboarding team manages the entire process and is on hand to help suppliers with specific questions. We also have a highly skilled technical team ready to support suppliers with more complex integration needs.
Once set up, you’ll have access to Tradeshift University for training and development, as well as 365-day support to address any issues that may arise.
Integrating an AP automation solution with your ERP can enhance your capabilities without replacing your current systems.
Tradeshift complements your existing ERP system by providing a digital platform for your business transactions with other companies.
It offers a range of services such as e-Invoicing, AP automation, and e-procurement, which can help streamline your processes, improve collaboration with suppliers, and ensure compliance with global tax regulations.
Additionally, Tradeshift’s network connects you with millions of companies worldwide, potentially opening up new business opportunities.
Tradeshift’s AP automation solution integrates seamlessly with any existing ERP and financial systems to streamline the accounts payable process.
Tradeshift offers various methods to integrate your systems directly, including a simple and fast-to-implement REST-based API that allows for the exchange of business documents and access to a wide range of functionalities.
We have built standard connectors for common ERP systems such as SAP ECC 6.0, SAP S4/HANA, Oracle eBusiness Suite, and Oracle Fusion.
However, the power of Tradeshift is in the flexibility of our middleware. Tradeshift can take any input, transform, and pass to any output!
Many of our customers have implemented subtle changes to their data model, and need some level of customisation. Tradeshift supports this through a simple mapping UX.
ScanIO enables you to receive business documents (e.g., invoices, and credit notes) from suppliers via multiple buyer-endorsed sources, such as Scanning Partners and value-added networks (VANs).
The app accepts TS:UBL files. Conversion from other formats to TS:UBL happens either through Babelway, Tradeshift’s integration middleware, or other interoperability partners.
The app validates incoming documents for technical correctness and allows for manual correction of errors through its interface.
Tradeshift’s platform is designed to be highly extensible, allowing for customisation to meet specific business needs.
Configure business rules, integrate with external services like tax validation, and customize approval processes – all with ease. You can even customise the handling of unplanned costs, using machine learning to automate coding based on predefined thresholds
Tradeshift workflows also have several extensibility points to directly integrate the workflow with customer services or other customer integrations to make the workflows more customized
Additionally, data accuracy can be significantly improved by implementing business firewall rules to ensure that suppliers adhere to your business processes.