Tradeshift
Global compliance and e-invoicing software for frictionless trade.
Executive Summary
Tradeshift is a cloud-based business network and platform that digitally transforms procure-to-pay, accounts payable, and supplier management processes. It serves mid-market to enterprise organizations seeking to optimize operational efficiency, reduce costs, and ensure global e-invoicing compliance. The platform differentiates itself through AI-powered automation, real-time insights, and a modular, app-based approach that integrates seamlessly with existing ERP systems.
Use Cases
- Automating invoice processing and approvals for increased efficiency.
- Ensuring global e-invoicing compliance with various mandates and regulations.
- Streamlining supplier onboarding and fostering collaboration across the supply chain.
- Managing non-PO invoices and associating spend to correct general ledger codes.
- Accelerating payments and improving working capital through early payment options.
- Gaining real-time insights and analytics into P2P processes and spend.
Features
Visibility
- Real-time Spend Visibility: Custom dashboards provide real-time visibility into approvals, payments, and overall spend.
- AP KPIs & Benchmarking: Offers insights into key AP performance indicators like processing cost, time, and exception rates, with benchmark data.
- Analytics App with Q functionality: An embedded business intelligence app powered by Amazon QuickSight, offering dynamic reporting and conversational AI for insights using natural language.
Intelligence
- AI-powered Invoice Coding (Ada): Ada, Tradeshift's AI layer, learns from historical data to suggest and automate invoice coding, reducing manual intervention.
- Automated Workflow Management: AI streamlines repetitive tasks like workflow management and purchase order matching.
- Payment Predictor for Sellers: An ML-powered report that forecasts when invoices are likely to be paid, categorizing them into time frames with confidence levels.
Support
- Support Portal & Knowledge Base: Provides access to a dedicated support portal and a comprehensive knowledge base for self-service assistance.
- Chat Support: Offers chat support for low-complexity issues, accessible via the platform.
- Ticket System: Users can create tickets for higher complexity issues, ensuring structured problem resolution.
Technical Specifications
- Architecture
- Cloud-native SaaS, modular, app-based platform
- Deployment
- Cloud/SaaS
- Authentication
- SSO, IAM-based access control
- API Available
- Yes
- MCP Server
- No
Infrastructure
- AWS
AI/ML Stack
- Machine Learning
- NLP
Integrations
- SAP
- Oracle
- NetSuite
Security & Compliance
Certifications: GDPR
Encryption: TLS 1.2+ in transit (standard for AWS services), AES-256 at rest (standard for AWS S3/RDS)
Data Residency: Global
Pricing
- Model
- Subscription-based, Freemium for sellers/small businesses, Custom enterprise
- Starting Price
- Starts at $3,600 annually (Freemium); Free invoicing for small businesses; Contact sales for enterprise.
- Target Customer
- SMB, Mid-market to Enterprise
- Contract Type
- Annual
- Free Trial
- Yes, Custom demo available; Free version for small businesses. (credit card required)
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.