TradeCentric: Vendor Analysis — B2B Commerce solution overview, roadmap, vendor competitors, analyst summary

This Spend Matters Vendor Analysis provides an overview of TradeCentric and its solution for B2B Commerce.

TradeCentric, formerly PunchOut2Go, aims to revolutionize B2B commerce by solving complexities around the integrations between systems that allow for connectivity between buyers and suppliers. Because of the number of cloud-based systems businesses use today, many stakeholders have difficulty exchanging data and documents. Integrations and data mapping are complex, and organizations struggle to communicate data effectively.

Its Integration-Platform-as-a-Service, or iPaaS, allows for data visibility between multiple applications, which enables seamless transactions. TradeCentric serves as the integration layer, or middleware, for many S2P vendors to support B2B transactions. The solution allows systems to connect in an organization’s native language instead of forcing it to write custom code.

This Vendor Analysis also explores the concept behind TradeCentric — the platform, application and supporting services the vendor delivers — gives an analysis of the competitive market and ends with key analyst takeaways.

Here’s why TradeCentric matters:

• To the market — TradeCentric occupies an interesting position in the marketplace as it is both a PunchOut solution and a middleware solution that processes invoices and POs.
• To customers — TradeCentric provides an industry- and platform-agnostic tool to process invoices, POs and PunchOuts making it highly accessible.
• To potential buyers — TradeCentric works within any industry and ERP, offers a subscription-based service and supports over 55 currencies. As such, it offers a flexible and adaptive solution for those looking to manage their invoices, POs and PunchOuts.

This Spend Matters PRO Vendor Analysis gives an overview of the vendor's capabilities, its competitors, provides tech selection tips and closes with key analyst takeaways.