How Tradeshift and Genpact are tackling digitalization
Tradeshift prides itself on our strategic and innovative partnerships. Often, we like to shed a spotlight on specific achievements that our partners accomplish. Today, we set our sights on Genpact, an innovative business firm striving to make digitalization a reality for all.
Why we decided to partner
As a global professional services firm, Genpact works to make business transformation real for their clients. Just like Tradeshift, they believe that the future of work lies in embracing digital solutions built to support organizations where they need it most. Our continued partnership showcases our shared commitment to this goal.
Our shared vision
Wouldn’t it be great to work in a world where procurement and payments were reliable processes that helped you advance your business goals? Tradeshift and Genpact are making that a reality. Our alliance is centered around creating a digitalized procure-to-pay (P2P) process that utilizes artificial intelligence and other digital tools to create more agile, efficient processes. With our help, you can align your AP processes with your procurement strategies, allowing for a more secure and intelligent cash flow.
The power of collaboration is coming to life for an Industrial manufacturing company that has engaged Genpact to drive value beyond cost, leveraging Genpact Cora, it’s AI-based platform, and Tradeshift to drive touchless processing, e-invoicing compliance, and superior user experience for suppliers, buyers, and the AP team.
“The objective is to revamp the procure-to-pay landscape by aggregating AP work managed through a multitude of ERP’s by businesses with non-standard processes and policies into a modular system of engagement model connecting end-to-end procure-to-pay while driving key business outcomes.”
What does this mean for you?
Blending digitalization with personal connection
The Tradeshift B2B network offers unprecedented access to essential data and information to keep your business relationships strong. And, with the intelligence of Genpact Cora, its AI-based platform, organizations can rethink the way they buy, pay, and work with suppliers.
The GenPact/Tradeshift partnership delivers greater accuracy with speed, security, and reliability alongside powerful data and insights, helping you to create a more strategic and resilient business function. Your P2P process will benefit in a number of ways, but most importantly by establishing:
- Multiple channels for digital invoicing with your suppliers
- E-invoicing enablement and digital onboarding
- AI-driven invoice-processing techniques
- Accelerated payment processes with flexible funding
- Access to cash when you need it most
- Greater levels of engagement with your business partners
Breaking down the barriers to digital business processes
As a leading B2B network marketplace, Tradeshift boasts capabilities that help you to deepen your ties with your buyers and sellers. With functions built in to enhance communication and showcase the value of your relationships, we equip you with all the tools you need to forge strong connections with your network.
Genpact complements this by providing you with expert advice and solutions needed to transform your manual processes onto a digital network, creating a more efficient partnership. What’s more, Genpact’s intelligent AI is built to provide you with predictive data, enabling you to act preemptively rather than react to potential disruption.
Tradeshift and Genpact have our eyes set on the future of procure-to-pay. By accelerating the transformation to cloud-based processes, your organization can build business resilience and fuel growth.
To learn more about our partnership with Genpact, or to see how our l solutions can help you make the shift to digital, reach out to our team of experts. We’re standing by ready to help you take your supply chain, accounts payable, and procurement processes to the next level!