Tradeshift AP Automation
Automate accounts payable to cut costs, boost efficiency, and streamline finance operations.
Executive Summary
Tradeshift AP Automation is a comprehensive software solution designed to streamline and automate accounts payable processes for finance teams. It aims to significantly reduce operational costs and enhance efficiency by digitizing invoice processing, managing supplier payments, and facilitating robust approval workflows. The platform integrates seamlessly with existing ERP systems and leverages a powerful REST-based API to ensure full functionality and connectivity across business operations. Beyond automation, Tradeshift also focuses on improving supplier engagement and ensuring compliance with financial regulations, making it a critical tool for modern finance departments seeking greater control and visibility over their expenditures. The solution supports advanced e-invoicing capabilities, transforming traditional invoicing into a digital, efficient process. By providing real-time dashboards and comprehensive reporting, finance teams gain deep insights into spend, invoice status, and overall AP performance. Tradeshift's commitment to security and compliance is underscored by its adherence to certifications like SOC 2 Type 2 and ISO 27001, ensuring data integrity and privacy.
Use Cases
- Automating invoice processing, validation, and approval workflows.
- Streamlining supplier payments and reconciliation for faster cycles.
- Enhancing financial visibility and control over accounts payable operations.
- Ensuring compliance with financial regulations and internal spending policies.
- Facilitating e-invoicing and improving supplier engagement through a digital platform.
Features
Support
- Knowledge Base: Extensive online knowledge base for self-service support, troubleshooting, and best practices.
- Training Materials: Resources like webinars and training materials to help suppliers and users understand the platform and optimize usage.
Technical Specifications
- Architecture
- Cloud-native platform with a REST-based API and standard ERP connectors
- Deployment
- SaaS
- Authentication
- OAuth
- API Available
- Yes
AI/ML Stack
- AI-powered invoice processing
- Machine learning
Integrations
- SAP ECC 6.0
- SAP S/4HANA
- Oracle eBusiness Suite
- Oracle Fusion
Security & Compliance
Certifications: SOC 2 Type 2, ISO 27001, ISAE 3402, SOC 1 Type 2
Encryption: Data encrypted in transit using HTTPS.
Pricing
- Target Customer
- Enterprise
About tradeshift
Tradeshift is a cloud-based B2B supply chain and commerce platform that offers e-invoicing, supplier payments, procurement and marketplace solutions to digitize and connect global trade. They enable businesses to automate procure-to-pay, receivables financing and collaborate with trading partners.
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