Name: Tradeshift Pay
Author: Tradeshift

Help Desk

Kiosk

Web and Video Conferencing

Customer Support

AI Code Generation

Automation Testing

Beta Testing

Feature Management

Development

Virtual Classroom

Education

AI Document Creation

Business Intelligence (BI)

Collaboration

Demand Planning

Internal Communications

Knowledge Management

Quality Management

Supply Chain Visibility

Whistleblowing

Enterprise

Accounting

Cash Flow Management

Finance and Accounting

Applicant Tracking

Corporate Learning Management

Employee Monitoring

HR Management

Payroll

Talent Intelligence

Talent Management

Video Interview

Workforce Analytics

Workforce Management

eLearning Content

Human Resources

Blockchain-as-a-Service (BaaS)

Business Process Automation

Cloud Data Warehouse

Cloud Storage

Data Integration

Data Replication

Database-as-a-Service (DBaaS)

Embedded Database

Encryption Key Management

Fraud Detection

IT Alert Management

Integration Platform as a Service (iPaaS)

Network Performance Monitoring

OpenStack Cloud

Scale-Out Storage

Test Management

User Activity Monitoring

Value Stream Management

WAN Optimization

Web Content Filtering

Information Technology

A/B Testing

Ad Serving & Retargeting

All-in-One Marketing

Content Management

Email Marketing

Enterprise Marketing Management

Grant Management Software

Livestream

Marketing Automation

Social Media Management

Survey & Forms Building

Web Analytics

Marketing

Project Management

Professional Services

Auction Software

Customer Relationship Management (CRM)

Sales Consulting

Sales Incentive Compensation Management

Sales Training

Sales

Agriculture

Inventory Management

Last Mile Delivery

Military and Defense

Online Ordering

Shipping

Vertical-Specific

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Tradeshift Pay is a network solution offered by Tradeshift that aims to automate accounts payable processes, with a specific focus on AP automation and e-invoicing. According to the vendor, this platform is suitable for businesses of all sizes, ranging from small enterprises to large corporations. It is utilized by professionals in finance and accounting, procurement, and supply chain, as well as industries such as retail, e-commerce, and manufacturing.

## Key Features

**AI for AP Automation**: Tradeshift Pay incorporates AI technology to automate coding and approvals in the accounts payable process. The vendor claims that the AI layer learns from user behavior and becomes smarter over time, which can potentially reduce the need for manual intervention.

**Global Invoice Tax Compliance**: Tradeshift Pay supports e-invoicing and invoice tax compliance in over 50 countries, including Italy and India. According to the vendor, this feature ensures that companies can easily adhere to local regulations when processing invoices.

**Wide Range of Applications**: Tradeshift Pay offers various applications beyond AP automation and e-invoicing. These include supply chain automation, B2B marketplaces, and spend management, allowing businesses to extend the platform's capabilities to other areas of their operations.

**Network Building and Collaboration**: Tradeshift Pay provides self-service options to easily build a network of suppliers for e-invoicing. Additionally, the platform serves as a collaboration platform for procurement and supply chain financing, enabling efficient communication and collaboration with suppliers.

**Digital Invoice Capture and Validation**: Tradeshift Pay digitally captures all types of invoices, regardless of how they are sent by the seller. The platform utilizes a document firewall to ensure compliance with business rules, while multi-way matching aligns invoices with other purchasing documents for accurate processing.

**AI-Enhanced AP Automation Dashboard**: Tradeshift Pay allows users to customize the level of AI-powered action in the AP automation dashboard. According to the vendor, this flexibility enables organizations to adjust the desired amount of AI assistance in their accounts payable processes.

**Human-Friendly Workflow Customization**: Tradeshift Pay enables users to customize workflows to suit their specific needs. This includes reassigning approvals and adding personalized messages to communicate with team members and suppliers, potentially resulting in a more efficient workflow.

Tradeshift Pay, from Tradeshift headquartered in San Francisco, is an AP and e-invoicing solution supporting supply chain and supplier management.

Standard

Professional

Premium

Free

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PaySimple is a payment gateway software solution offered by PaySimple.

Subscription

PaySimple

Tradeshift Pay

Accounts Payable

Tradeshift

Features found in accounts payable software products

Automated Accounts Payable Processes

Accounts payable processes are automated based on pre-determined workflows.

Vendor Management

Holds information related to vendor terms and contracts.

Tax Form Preparation

Allows users to create and share tax forms within the platform.

Payment Management

Features that allow for the management of payments across various forms of finance/accounting software.

Customizable Approval Policies

Policies for different types of approvals can be customized, sent to multiple approvers, automatically approved, etc.

Financial Document Management

Invoices, expense reports, and associated documents are stored within the platform for any future needs.

Payment Status Tracking

Tracks what stage payments are at in the process, from approval to receipt.

Payment Audit Trail

Allows admin users visibility into the entire payment process, from receiving the expense claim or invoice to the payee receiving payment.

Duplicate Bill Detection

Detects duplicate invoices or expense reports to prevent double payments.

Advanced OCR

Automatically imports information from invoices, receipts, expense reports, and other 
scanned documents into the platform.

Electronic Funds Transfer

Funds can be transferred via EFT as opposed to paper checks.

PCI Compliant Security Measures

Banking and finance information is protected according to Privacy Shield and GDPR standards.

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Tradeshift Pay

Overview

What is Tradeshift Pay?