Tradeshift recently launched Tradeshift Collaborative Workflow, a platform that allows colleagues to act on, process and collaborate around key business interactions in real time.

Functionality of the Tradeshift Collaborative Workflow includes:

• Multiple user accounts and employee cards put faces to names, humanizing business relationships.
• Automation of repetitive time-consuming tasks frees up human intelligence to work on the challenges that matter.
• Cloud-based and mobile-friendly, it enables users to handle the right processes at the right time in the right place.

Innovative, global companies are already getting started with Tradeshift Collaborative Workflow. Today, more than ever, multinationals are in need of unified platforms that bring their cross-border operations together and ensure compliance with regional regulations.

Take Lear Corporation as an example.  Lear Corp. has 113,000 employees, 221 locations and 36 countries. For Lear, these aren’t merely statistics. They are big reasons for needing a single platform that spans the globe. By working with Tradeshift, Lear can ensure compliance and scalability in every region it does business.

 Real business, real people
For employees to succeed, to be their most productive they need the proper tools. Tradeshift’s Collaborative Workflow app promotes transparency and integrates suppliers into the conversation.  Tradeshift starts with the invoices which are automatically forwarded to a customer’s ERP system with the appropriate metadata. If there are any errors it is immediately brought to an employee’s attention through the Tradeshift interface and they can instantly act and correct.

Invoices without a purchase order get routed to the appropriate people within the enterprise who can approve, reject, forward the invoices and add metadata such as general ledger account number or cost center number – before forwarding it to their ERP system.

By automating much of the traditional work required to process transactions employees are free to work smarter & problem solve.

Click here to learn more about Tradeshift’s Collaborative Workflow solution.

 

Mark your calendar to download PayStream Advisors 2013 Invoice and Workflow Benchmarking report.  The report is well underway and will be published in September 2013.  This report will take an inside look at the overall trends that are shaping the rapidly evolving AP automation space, including front-end imaging, electronic invoicing and automated workflow.