Overview of Tradeshift.com Online Account Management Service

Introduction

When we tried to describe briefly our software product, we were faced with the problem of how to classify it. They began to look for analogues in the Russian market, but did not find them. We conducted an analysis of similar products in the west and found the Tradeshift.com service. This service has a lot in common with our Agora system. Below is a brief overview of the Tradeshift.com service.

Idea

The creators of Tradeshift give a simple definition of their brainchild - “free billing service."
“Tradeshift is a global startup that aims to change the way we do business. This will allow organizations to exchange accounts for free. The service unites enterprises with all suppliers and customers, which helps not only save time, but also receive payment of bills in a shorter time. ”

The main idea of ​​this service is that sellers upload accounts to the Tradeshift server in various ways: manually, through the tradeshift-ERP connector, through the SFTP / REST service or through the Tradeshift API. An electronic document management system was also included in the service. Tradeshift helps verify that data is filled in correctly. Further, from there, customers pick up their accounts and use the service to convert the accounts into the format they need, and they can also import these accounts into their own ERP systems.

The service supports various data formats, such as:
UBL
OIOUBL
OIOX
BASDA XML (eBIS)
cXML (Ariba)
CSV
OB10
Sage
X12 (210)
EDIFACT (INVOIC, IFTFCC)

Ways of work and monetization

Currently, Tradeshift provides customers with several modes of operation:
1) Manually
uploading invoices to the Tradeshift web server A user can upload invoices to the tradeshift server in his personal account. In this case, the service works as a storage and format converter.
This mode is free.

2) Downloading invoices via the ERP connector.
The client can generate invoices in the format of his ERP and automatically send them to the Tradeshift server through the connector.
Currently, tradeshift supports the following ERP systems:
E-conomic
Twinfield
Oracle (under development)
Capita IB Solutions
SAP
Ibistic
MailEDI

This connector can act as a “bridge” connecting ERP sellers and buyers.
Connectors can be downloaded for free, you only need to pay for connector settings for integration with ERP. The cost of customization depends on the level (depth) of integration.

3) Downloading invoices through the REST web service or SFTP
Tradeshift provides developers with APIs for self-developing loaders. Data can be loaded through a REST web service or SFTP server.

• The API supports the above data formats;
• APIs are free for developers;

4) Individual integration with ERP systems with support for any data format

• The cost of services is estimated by the hour.

Additional features

Tradeshift provides developers with APIs for developing applications on their platform. Opened a store for third-party applications. Model Apple Store or Android Store.

Success

The creators of the service said that they currently have customers in 190 countries. Among the clients there are large companies such as Coop, TDC and NHS.