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Tradeshift REVIEW

Procurement Software

5 user reviews
USER SATISFACTION 98%
OUR SCORE 8.3

What is Tradeshift?

Tradeshift is a web-based procurement and invoicing platform that helps businesses connect with their suppliers and partners and provide them with a shared avenue where they can share and approve documents electronically. Sending invoices, approving payments, and delivering reports are some of the tasks that become more efficient with Tradeshift.

This cloud-based procurement and invoicing application facilitate collaboration and communication between businesses and their suppliers online, thus eliminating the need to enter essential information by manual means. Users can customize and configure their rules to ensure that invoice information is accurate before it is approved. No more errors, no more overtime. Just efficient invoice approval and management.

Overview of Tradeshift Benefits

Tradeshift offers businesses with an online platform where they can connect with their suppliers and expedite all their transactions, from sending and receiving invoices, approving payments, product collaboration, and more. With Tradeshift, companies and their suppliers come together on a single, unified location where they can transact, communication, and collaborate with each other.

With Tradeshift, transactions between businesses and suppliers become faster and more streamlined. This leads to effective handling of invoices, suppliers get paid much faster, and products and services are delivered quickly. The software enables companies to gather supplier information based on their brand and requirements and validate the data automatically.

Tradeshift automatically scans and analyzes invoice data via its CloudScan function. Suppliers can authenticate their own invoices and corroborate the information quickly and efficiently. Both businesses and suppliers can communicate and collaborate to devise and implement a more effective workflow. This functionality takes out the bottlenecks via efficient coding, approval re-assignment, and other tools and capabilities.

Tradeshift is a very straightforward application that provides a guided approach to new users. There is no training required to become familiar with Tradeshift. That means users are able to perform tasks like coding invoices, approving payments, and more in no time. The application helps both business and supplier to achieve real-time contract compliance as well.

Overview of Tradeshift Features

  • Procure to Pay
  • Supplier Engagement
  • Seller Space
  • Solutions for SMB
  • Build Your Own Solution
  • AP Automation
  • Supplier Management

Tradeshift Position In Our Categories

Position of Tradeshift in our main categories:

20

Tradeshift is one of the top 20 Procurement Software products

20

Tradeshift is one of the top 20
Procurement Software products


If you are considering Tradeshift it could also be sensible to analyze other subcategories of Best Procurement Software collected in our database of SaaS software reviews:

It's essential to keep in mind that almost no app in the Procurement Software category will be a perfect solution that can meet all the goals of various company types, sizes and industries. It may be a good idea to read a few Tradeshift reviews first as certain solutions can dominate only in a very narrow group of applications or be prepared with a very specific type of industry in mind. Others may function with a goal of being easy and intuitive and therefore lack advanced elements desired by more experienced users. You can also come across solutions that support a large group of customers and give you a rich feature toolbox, however this usually comes at a more significant cost of such a software. Ensure you're aware of your requirements so that you pick a software that has exactly the features you search for.

How Much Does Tradeshift Cost?

Tradeshift Pricing Plans For Enterprises & Small Business:

Tradeshift’s SMB and enterprise pricing information is available only upon request. Contact the company for more details, and ask for your quote.

User Satisfaction

We realize that when you make a decision to buy Procurement Software it’s important not only to see how experts evaluate it in their reviews, but also to find out if the real people and companies that buy it are actually satisfied with the product. That’s why we’ve created our behavior-based Customer Satisfaction Algorithm™ that gathers customer reviews, comments and Tradeshift reviews across a wide range of social media sites. The data is then presented in an easy to digest form showing how many people had positive and negative experience with Tradeshift. With that information at hand you should be equipped to make an informed buying decision that you won’t regret.

POSITIVE SOCIAL MENTIONS

83

NEGATIVE SOCIAL MENTIONS

2

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Technical details

Devices Supported
  • Windows
  • Mac
  • Web-based
Language Support
  • USA
  • UK
  • Canada
  • International
Pricing Model
  • Quote-based
Customer Types
  • Small Business
  • Freelancers
Deployment
  • Cloud Hosted

What Support Does This Vendor Offer?

  • EMAIL
  • PHONE NO.
  • LIVE SUPPORT

What are Tradeshift pricing details?

Tradeshift Pricing Plans:

Tradeshift’s SMB and enterprise pricing information is available only upon request. Contact the company for more details, and ask for your quote.

What integrations are available for Tradeshift?

Tradeshift integrates with the following business systems and applications:

  • Workato
  • KashFlow
  • riskmethods
  • Exact Software
  • Microsoft Dynamics NAV
  • Babelway
  • EcoVadis
  • QuickBooks
  • Xero
  • Determine
  • EasyTrade
  • Sage 50

User reviews


5 Reviews

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Average Rating

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The most favorable review

Lorenzo


Pros:
I like all its features. It offers lot of customization and options than other websites I have used. It is extremely easy to learn how to use the procurement software and all its basic functions. I like that I can track my invoices through every step of the process, and to have full information about the status of the items from creating a draft till the final payment. It has great support team.

Cons:
The organization of the document page can be cumbersome. I would like to see more streamline methods so I can view all finalized and pending documents. I have run into some built-in complexity when it comes to invoice submitting. But, once you get the rules it gets easier.

The least favorable review

Crystal


Pros:
Tradeshift is easy to use and understandable product. The setup is easy, and it allows us to keep our invoicing process the same. I like the visibility of what’s going on in the purchasing system. We are able to add a step to every order and each piece of correspondence on documents between a customer and a vendor. All the issues we have faced are being fixed.

Cons:
We email pdf copies of the invoices to its mail and it requires manual validation on the emails we send. It’s okay to work these manually but it really takes time. The customer needs to be more focused when plugging the stuff in and even the vendor has to be more concentrated for the whole thing.


Lorenzo

Verified
user
I like all its features. It offers lot of customization and options than other websites I have used. It is extremely easy to learn how to use the procurement software and...

Anne

Verified
user
TradeShift simplify the process of creating custom invoices for clients. From customer’s point of view the invoice they get is understandable and simple, and what I...

Emanuel

Verified
user
I like almost everything about this software. You can use it for free, there are no commitments. It works out of the box. The few setup tasks that are required are simple...

Lynn

Verified
user
It’s easy to use and it takes couple of minutes to set it up. It doesn’t require long-term commitment. It allows us to store all relevant data. It doesn’t have...

Crystal

Verified
user
Tradeshift is easy to use and understandable product. The setup is easy, and it allows us to keep our invoicing process the same. I like the visibility of what’s going...

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