Product Overview & Demo
What is Tradeshift?
Tradeshift connects you to a global network of over 1.5 million businesses, allowing you to digitize your entire accounts payable process. You can move away from paper-based systems by receiving electronic invoices directly from your suppliers, which reduces manual data entry and minimizes processing errors. The platform acts as a social network for business, where you can collaborate with partners in real-time to resolve disputes and track payment statuses.
You can also gain better control over your spend by integrating your procurement and payables into one streamlined workflow. Whether you are looking to improve supplier relationships through early payment programs or ensure global tax compliance, the platform provides the tools to manage complex B2B transactions. It is designed for mid-market and enterprise organizations that need to scale their financial operations globally while maintaining visibility across their entire supply chain.
Screenshots & Interface
Key Features
Stop chasing paper and manual approvals. Tradeshift gives you a digital-first approach to managing your supply chain and finances, allowing you to automate the heavy lifting of global commerce.
E-Invoicing Automation
Receive and process digital invoices from any supplier automatically to eliminate manual data entry and reduce costly human errors.
Global Tax Compliance
Stay compliant with local tax regulations across dozens of countries with built-in country-specific rules and digital signature requirements.
Supplier Collaboration
Communicate directly with your vendors through a social-style interface to resolve invoice discrepancies and update account details instantly.
Early Payment Programs
Offer your suppliers flexible payment options and dynamic discounting to strengthen your supply chain and improve your working capital.
Digital Procurement
Browse supplier catalogs and place orders within a unified marketplace that ensures all your purchases follow company policy.
Tradeshift App Store
Extend your platform's capabilities by adding specialized third-party apps for analytics, logistics tracking, and advanced financial reporting.
Integrations
Pricing Plans
Tradeshift provides a free version for suppliers to join the network and send invoices at no cost. For buying organizations, pricing is customized based on your transaction volume and specific automation needs. You will need to contact their sales team to get a tailored quote for your enterprise requirements.
Pros & Cons
Based on feedback from procurement and finance professionals on G2 and Capterra, here is what you should consider about the Tradeshift experience:
Pros
- Free for suppliers which makes onboarding your vendors much easier
- User interface is modern and feels like a social network
- Strong global compliance features for international VAT and tax
- Centralizes all supplier communication in one searchable history
Cons
- Initial setup and integration with ERPs can be complex
- Customer support response times can be slow during peak periods
- Occasional glitches in the document upload and syncing process
Who Should Use Tradeshift?
Perfect for mid-market and enterprise finance teams who need to digitize global supplier relationships and automate high-volume accounts payable workflows.
Best for Company Sizes
- mid-market
- enterprise
Popular Industries
Tradeshift is a top-tier choice if you are looking to transform your accounts payable from a back-office cost center into a strategic digital asset. The platform's greatest strength is its 'network effect,' which allows you to connect with suppliers easily because the entry-level version is free for them to use.
While the implementation phase requires significant technical effort to sync with your existing ERP, the long-term benefits of automated compliance and paperless processing are substantial. Highly recommended for global organizations that deal with complex cross-border transactions and want a scalable, app-based ecosystem for their financial operations.
Tradeshift Alternatives
Comparing options? Here are some popular alternatives to Tradeshift: