Afternoon Coffee: Seal Software Partners With DocuSign, SCOTUS Ruling Clears States to Collect E-Commerce Sales Taxes

Seal Software, a provider of content discovery and analytics software, has announced a partnership with DocuSign, a provider of e-signature technology. And the U.S. Supreme Court ruled today that states have the right to collect sales taxes from e-commerce companies. This decision overturns Quill Corporation v. North Dakota, which ruled that states cannot require businesses to collect sales taxes unless they have a physical presence in the state. Afternoon Coffee brings you the latest news in supply chain and procurement.

Tradeshift By the Numbers (1H 2018) and a New Bank Offering (The “Early Payments Wallet”) [PRO]

In New York City yesterday, following the announcement of a $250 million funding round, Tradeshift provided an update to analysts, customers and partners. We covered a couple of the general updates already, including the announcement of a new receivables-centric application and supplier network offering (see: Tradeshift’s “Sellers Club” Targets Bottomline and Accounts Receivable Technology With a Many-to-Many Offering) and parallels Tradeshift is drawing from others in developing its own strategy (see: Tradeshift Analyst Day Dispatch: “Do You Want Amazon to Own Your Supplier Relationships?).

In today’s Spend Matters PRO coverage, we turn our attention to other announcements from the event, including a general corporate update (i.e., Tradeshift by the numbers) and other product announcements. The emphasis is on Tradeshift’s new bank-centric offerings that support early payment programs, including bank and multi-bank funding options, along with KYC (Know Your Customer) and the other alphabet soup requirements that banks require from a supplier/customer onboarding standpoint. We’ll also share our observations coming out of the event. Let’s begin.

Business Intelligence to Transform Procurement