Hi, thanks for joining us! We will begin the webcast shortly but in the meantime, please keep in mind: • Questions or comments should be entered into the chat box • Use #tradeshift when tweeting • Presentation and recording will be sent after What Your Suppliers Really Think About You May 20, 2014
This document is posted to help you gain knowledge. Please leave a comment to let me know what you think about it! Share it to your friends and learn new things together.
Transcript
Hi, thanks for joining us! We will begin the webcast shortly but in the meantime, please keep in mind:
• Questions or comments should be entered into the chat box• Use #tradeshift when tweeting• Presentation and recording will be sent after
What Your Suppliers Really Think About You
May 20, 2014
Agenda Introduction
Industry Expert Perspective – Henry Ijams, PayStream
• Suppliers are there to provide goods/services as needed• Interactions with suppliers are kept to a minimum• Leverage is key to value• Price, price, price• Contracts and SLAs are the primary management and
communication tools
• Suppliers are a great source of knowledge, insight, expertise
• Our success is tied to that of our suppliers• Collaborating with suppliers is valuable on multiple fronts
#tradeshift
The Impact on Your Supply Chain
Competitor’s Fee Example 1
#tradeshift
Competitor’s Fee Example 2
#tradeshift
A Better Model
Tradeshift’s balanced value proposition
Supplier Buyer
Communicate & collaborate directly with your buyers.
Lower costs for your entire supply chain.Manage and track POs, invoices, and more.
Connect via web, integration or any accounting software.
Free. No supplier fees. Ever.
Communicate and collaborate with suppliers.Innovate past invoicing on top of an open platform.
One platform for all your business needs.
Reduce cost and friction for your entire supply chain.
#tradeshift
# of invoices
Size of Suppliers
# Of suppliers
Large Medium Small
Non-invasive eInvoicing options
Supplier Integration
Supplier Integration Supplier Integration
Supplier Validated CloudScan
Supplier Validated CloudScan
Web ApplicationPlug & Play connectors
Plug & Play connectors
Plug & Play connectors
CloudScan EnterpriseCloudScan Enterprise
CloudScan Ent.
CloudScan with AP validation
CloudScan with supplier validation
Web Application
Supplier Integration
Plug & Play connectors
Supplier Integration
Plug & Play connectors
Plug & Play connectors
Supplier Integration
100% (invoice volume)
100% (suppliers
)
#tradeshift
Keys to supplier participation
• Free to use
• More than a “portal”
• Value-added Apps
• Enterprise-driven
• Multiple on-ramps; CloudScan
• Supplier-to-supplierMulti-way onboarding
Easy to use
Provides real value
• Multiple integration options
• Cloud-based; no on-site installation
• User-friendly and mobile-optimized
#tradeshift
Tradeshift’s Open Platform Approach
TRADESHIFT PLATFORMDocument Transmission, Statuses, Messages, Integration, Security, API
SupplierBuyer
Order Management
Electronic Invoicing
Business Firewall
CloudScan® (Paper)
Collaborative Workflow
Financial Solutions
Build Your Own App
Supplier Management
Ability to expand functionality as needed
#tradeshift
What’s the top incentive for suppliers?
Get paid on time… or even early!
#tradeshift
Offering the value to your entire supply chain
Alt
ern
ati
ve f
undin
g c
ost
SC
F
# suppliers
Payablevalue
Alt
ern
ati
ve f
undin
g c
ost
Bu
yer
cen
tric
# suppliers
Payablevalue
Su
pp
lier
cen
tric
Bu
yer
Bank Driven Platform Driven
#tradeshift
Questions?
Thanks for joining us!
• Register for our next webcast: tradeshift.com/suppliersfirst• Stay relevant, visit blog.tradeshift.com• Continue the conversation #tradeshift• Presentation and recording will be sent soon