- What is Tradeshift
- Product Quality Score
- Main Features
- List of Benefits
- Technical Specifications
- Available Integrations
- Customer Support
- Pricing Plans
- Other Popular Software Reviews
What is Tradeshift ?Tradeshift is an online invoicing and procurement software that provides businesses, their partners, and their suppliers with an avenue that connects them, enabling sharing and approval of documents electronically. The platform enables users to efficiently send invoices, deliver reports, approve payments, and perform many other tasks. The system eliminates the need for manual entry of information by facilitating the collaboration, as well as communication, between businesses and suppliers online. Users are also able to configure and customize the rules to make sure that the information found in invoices are accurate before approving them. Efficient invoice management and approval result in the removal or great reduction of both errors and overtime work.
Product Quality Score
Main features of Tradeshift are:
- Supplier Management
- Supplier Engagement
- Procure to Pay
- AP Automation
- Solutions for SMB
- Build Your Own Solution
- Seller Space
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.
- Small business
- Medium business
The following Tradeshift integrations are currently offered by the vendor:
- Exact Software
- Sage 50
- Microsoft Dynamics NAV
Tradeshift pricing is available in the following plans: