Tradeshift Buy: Rethinking E-Procurement, Supplier Networks and P2P From the Ground Up [PRO]


Tradeshift is becoming an increasingly important procure-to-pay (P2P) vendor to watch for procurement organizations and the broader purchasing and B2B ecosystem. The provider has piqued our curiosity with its foray into e-procurement. It stands out from the crowd, from both an architectural and technology perspective, for two key reasons: the recent launch of Tradeshift Buy, a cloud-based e-procurement solution with an aggressive release and feature roadmap for the remainder of 2015 and 2016, and its ambitious platform-as-a-service model for supplier network connectivity. This multi-part Spend Matters PRO research brief provides an update on Tradeshift’s current and planned e-procurement and expanded P2P capabilities. In the first installment, we begin to look at Tradeshift Buy, the Tradeshift Product Engine and additional Tradeshift tools, including the Tradeshift Shop.

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