Tradeshift Company Market Research Report
Company Overview
Name
Tradeshift
Mission of the Company
Transform global trade and create a more connected world where buyers and suppliers can easily connect, transact, and grow.
Founding Information
- Founded: No specific founding year is provided.
- Founders: Christian Lanng, Gert Sylvest, and Mikkel Hippe Brun
Key People
- James Stirk: Chief Executive Officer
- Jovita O’Byrne: Chief People Officer
- Gert Sylvest: Co-Founder
- Jim Modak: Chief Financial Officer
- Jonathan Lagan: General Counsel
- Raphael Bres: SVP, Chief Product & Technology Officer
Headquarters
San Francisco, CA, USA
Number of Employees
Over 350 employees
Revenue
No information is available
Known For
Tradeshift is known for being the largest global B2B network that offers solutions in AP Automation, e-Procurement, supply chain finance, and e-Invoicing.
Products
Product Offerings
- Network: Global B2B e-Commerce network for e-invoicing and tax compliance.
- Platform: AP Automation and e-Procurement platform.
- Marketplace: B2B e-Commerce Marketplaces for procurement, supplier management, and supply chain finance.
Product Descriptions and Key Features
Tradeshift Network
- Description: Fastest-growing B2B e-Commerce network.
- Key Features:
- Global e-invoicing and tax compliance services.
- Onboarding approximately 32,000 new connections monthly.
Tradeshift Platform
- Description: Global platform for AP automation and e-Procurement.
- Key Features:
- Integration with third-party apps.
- Real-time tax calculation, receivables financing, and virtual corporate credit card solutions.
Tradeshift Marketplace
- Description: Helps companies find new sources of supply and open new markets.
- Key Features:
- Facilitates B2B e-Commerce.
- Automate invoicing processes.
Tradeshift Pay (AP Automation)
- Description: Automates accounts payable processes.
- Key Features:
- E-invoicing compliance in over 50 countries.
- AI-powered invoice processing.
Tradeshift Cash (Supplier Financing)
- Description: Provides early, reliable payments for suppliers.
- Key Features:
- Financing based on buyer-supplier relationship and transaction history.
- No complex paperwork required.
Tradeshift Go (Corporate Virtual Credit Cards)
- Description: Enhances employee spend management.
- Key Features:
- Issue pre-approved, encrypted virtual cards.
- Real-time approval and tracking.
Recent Developments
Recent Developments
- New Joint Venture with HSBC: Announced a joint venture focused on embedded finance solutions and financial services apps.
- E-Invoicing Capabilities in China: First-of-its-kind e-invoicing capabilities for electronic purchase orders and invoices with cross-border trade partners in China.
- Recognitions: Featured in Fast Company’s World’s Most Innovative Companies for 2020 and Forbes’ Fintech 50 for 2019.
New Products Launched
- No specific new product launches mentioned.
New Features Added
- Enhanced Collaboration Features: Tradeshift Engage platform to improve supplier relationship management.
- AI Capabilities: Introduction of Ada, the AI-based automation layer for AP automation.
Partnerships
- HSBC: Joint venture for embedded financial services.
- KPMG: Validation of technical design for compliance services.
Conclusion
Tradeshift continues to be a dominant player in the digital transformation of trade processes. Through innovative solutions like Tradeshift Network, Platform, Marketplace, and integrated financial services, the company aims to connect and provide value across all facets of B2B commerce. Their recent pivot towards embedded finance through the joint venture with HSBC underscores their commitment to expanding and enhancing their service offerings.
For more information or to see Tradeshift in action, visit [Tradeshift's website](https://tradeshift.com).
