Wednesday 30th October, 2019
Genpact and Tradeshift has announced a strategic partnership to help enterprises transform accounts payable and procurement processes and better leverage data for competitive growth.
The partnership combines Genpact’s Cora digital business platform and Tradeshift’s leading-edge business-to-business (B2B) network technology. By leveraging Genpact’s expertise with artificial intelligence, machine learning, robotic process automation, dynamic workflow, advanced analytics, and other digital technologies, and Tradeshift’s apps ecosystem organisations can accelerate digital transformation.
“Finance organisations often face challenges with P2P operations in viewing and analysing data quickly across disconnected supplier systems, limiting the added value they could provide to respond more effectively to market demands,” said Katie Stein, chief strategy officer and global business leader, Enterprise Services, Genpact. “The digital technology of our Genpact Cora platform, combined with Tradeshift’s sophisticated B2B network, creates a connected ecosystem that provides faster, smarter access to data to drive more strategic decisions.”
The Genpact and Tradeshift partnership allows companies to link their accounts payable and procurement operations to a global network of buyers and sellers. Enterprises can digitise supplier and trade processes and accelerate innovation with apps, which increases agility to adapt more easily to changing business conditions.