Main features of Tradeshift are:
The main benefits of Tradeshift are its capability to connect businesses with their suppliers, features that make transactions more efficient and quick, tools for devising and implementing a more efficient workflow, and its guided approach to new users. Here are more details:
Connect with suppliers
Tradeshift is essentially an online platform that connects businesses with their suppliers to help accelerate their transactions, from sending and receiving invoices to product collaboration and approving invoices, among others. This single, unified location is an avenue for them to collaborate, communicate, and transact with each other. It also enables both parties to become compliant with contractual terms in real-time.
Transact faster and more efficiently with suppliers
Business-suppliers transactions are more streamlined and accomplished faster with the aid of the system. Due to this, services and products are quickly delivered, suppliers are paid faster, and invoices are handled more effectively. Automatic data validation is also possible since businesses can gather information about suppliers based on their branding needs and operational requirements.
Design and implement better workflow
The CloudScan feature is capable of scanning and then analyzing invoice data. Due to this, suppliers are able to authenticate invoices of their own and then corroborate info efficiently and quickly. This enables both suppliers and businesses to collaborate and communicate with one another to design and then implement new and more effective workflows. It takes bottlenecks out through efficient approval re-assignment, coding, and other features.
No training required
Tradeshift is an easy to use application since it gives a guided approach to new users. Thanks to this, no training is required to familiarize with the operation of the system, allowing even new users to perform various tasks such as payment approval and invoice coding in no time at all.
The following Tradeshift integrations are currently offered by the vendor:
Tradeshift pricing is available in the following plans: