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Tradeshift chosen to help Zurich automate procurement

Monday 11 January 2016 08:46 CET | News

Tradeshift, the global supplier collaboration platform, has been selected by Zurich Insurance Group to help optimize the insurer’s supplier-facing business processes by delivering efficiency and cost reductions in its global accounts payable and procurement operations.

Tradeshift’s network-based, procure-to-pay solution will help Zurich upgrade and automate several processes in accounts payable, such as reducing and replacing paper invoices with automated e-invoicing with workflow. Suppliers to Zurich will be able to easily upload invoices and, ultimately, manage their own data for improved accuracy.

Additionally, Zurich will be one of the first customers to implement Tradeshift Buy, the all-in-one, integrated procurement solution.

By combining Tradeshift’s AP automation and operational procurement tools, Zurich will have an integrated solution that delivers user-focused best practices, reduced supply chain management costs, and innovation that is all enabled by the unique design of the cloud-based global platform.


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Keywords: Tradeshift, Zurich, Tradeshift Buy, supply chain finance, e-invoice, procurement, automation
Categories: Banking & Fintech
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Countries: World
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Banking & Fintech






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