Tradeshift Review: Is It The Right AP Automation Software For Your Team?
Best for SMB teams · Mid-market · Enterprise
GDPR
SOC 2
ISO 27001Tradeshift offers custom pricing plan
Overview
Pricing
Features
Buyer feedback
Alternatives
Media
Security & Compliance
Support
FAQ
Blogs
What is Tradeshift?
Tradeshift offers a comprehensive E-invoicing and digital AP automation solution that allows enterprises to automate their invoice generation process and become completely free of any paper documents. It ensures compliance with any applicable tax regulations from 50 countries, including India and Italy, with document firewalls that enforce business rules in e-invoicing. Plus, its AI capabilities allow users to automate tedious and repetitive operations such as coding and approvals. Finally, it provides the opportunity to build lasting relationships with potential
Pricing
Tradeshift offers custom pricing plan
Best For
Suited for solo users, small teams, SMBs, and enterprise
Security & Compliance
SOC 2GDPRISO 27001SSO & MFA supported
Data residency:Global
Platform
Web + mobile app (iOS & Android)
Tradeshift Software Demo
Tradeshift was reviewed internally using user feedback, in-house testing, and market research to assess its performance, reliability, and user experience. Learn how we review products and our evaluation process.
Who should consider Tradeshift
- Use cases
- Manufacturing, Retail, Finance
- Team types
- Accounts Payable Manager, Finance Director
- Company size
- 200–5,000 employees, Large Enterprises
- Workflow style
- Enterprise-focused and process-heavy
- Setup complexity
- High
Why teams choose Tradeshift
Comprehensive e-invoicing compliance across 50 countries
AI-powered automation of repetitive tasks like coding and approvals
Robust security with document firewalls enforcing business rules
Is Tradeshift right for you?
Best for large enterprises needing compliant, AI-driven AP automation across multiple countries.
Choose Tradeshift if
- You require compliance with e-invoicing and tax regulations in up to 50 countries.
- You want AI-powered automation to reduce manual invoice coding and approval tasks.
- Your organization has complex, process-heavy workflows suited for enterprise-grade solutions.
Consider alternatives if
- You are a small business with simple invoicing needs and limited resources for onboarding.
- You need highly customizable workflows for niche or unique AP processes.
What buyers should know before shortlisting Tradeshift
Tradeshift has transformed our accounts payable processes by automating invoice generation and ensuring compliance across multiple countries. The AI features notably reduce manual coding and approval efforts, freeing up valuable time.
We appreciate the robust security measures that safeguard our transactions and the seamless integration with our partners. Although the initial setup was somewhat complex, the long-term benefits of efficiency and accuracy make Tradeshift a valuable tool in our digital transformation journey.
Overall, it delivers a reliable and compliant e-invoicing solution suited for global operations.
Tradeshift pros and cons
- Tradeshift pros
Comprehensive e-invoicing compliance across 50 countries
AI-powered automation of repetitive tasks like coding and approvals
Robust security with document firewalls enforcing business rules
- Tradeshift cons
Significant onboarding time due to solution complexity
Limited customization options for highly specialized processes
Ready to try it?
Get started with Tradeshift
Connect with the team for a personalised demo.
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See how it stacks up
Compare Tradeshift side-by-side with top AP Automation Software alternatives.
What is the pricing of Tradeshift?
Tradeshift uses custom pricing — plans are tailored to your team size and needs. Contact them for a quote.
Tradeshift reviews and ratings
Buyer sentiment
Buyers appreciate Tradeshift’s comprehensive compliance and AI automation but note complexity and limited customization as drawbacks.
What buyers like
- Compliance with international tax regulations
- Automation of manual AP tasks
- Security and accuracy in e-invoicing
Common complaints
- Complex onboarding process
- Limited customization options
What users are saying
PP
Phil Peters
11/06/24
Very poorly executed software
Very poorly executed software, hard to use, slows down my business significantly, avoid if possible.
M
Mike
08/07/24
Blackmailing, invoice altering service
bad to work with. Every PDF file you upload, is altered by the tradeshift network. Which sometimes clompletely changes amounts on invoices, or the ...
Read more
PP
Phil Peters
04/16/24
Really tedious, hard to do business with.
One of our customers require invoices to be submitted via tradeshift, adds a SIGNIFICANT amount of time and know how, every month. Tradeshift is just ...
Read more
AF
Adolf F
11/26/21
"Workload lessened with automatic processes"
What do you like best about Tradeshift Pay? Having used Tradeshift in my workflow I liked how much manual workload it took away from me and saved me a ...
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L
Lila
11/14/21
Awesome tool
PROS: There are lot of things I love about Tradeshift, I especially like the idea of using it for free without commitments. The tool works out of the ...
Read more
S
Shannon
08/28/21
Accurate and easy to use tool for invoicing
PROS: This tool is easy to use. Its interface is great and allows you to easily submit invoices to the customer. You don’t have to go through customer ...
Read more
What are the features of Tradeshift?
Collaboration in Tradeshift facilitates real-time communication between buyers, suppliers, and finance teams within a single platform. It ce…
The Invoice feature in Tradeshift enables automated creation, submission, validation, and tracking of electronic invoices. It supports globa…
Onboarding in Tradeshift streamlines the integration of suppliers into the digital platform by automating registration, verification, and da…
Payments in Tradeshift automate the execution of approved disbursements via multiple payment methods, including ACH and virtual cards. Integ…
Supply Chain Management in Tradeshift provides end-to-end visibility and coordination across procurement, invoicing, and payments. It connec…
Tradeshift security and data handling
Key compliance certifications and security features for IT and security teams evaluating Tradeshift.
Certifications
Security features
Developer & data
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7.5
Excellent
Why buyers keep looking beyond Tradeshift
Organizations seeking a broader suite of financial management tools beyond e-invoicing and accounts payable automation may explore solutions with wider capabilities such as expense management or procurement.
Enterprises with simpler invoice processing needs might look for platforms offering more streamlined, easy-to-deploy solutions tailored for smaller teams.
Users requiring highly tailored AI-driven automation for unique business rules or approval processes might consider platforms with more flexible AI configuration options.
Companies may prefer solutions that offer deeper or more seamless integrations with a wide range of legacy ERPs or niche accounting software.
While Tradeshift covers 50 countries, businesses operating in jurisdictions outside its core focus or requiring specialized local compliance might consider platforms offering localized expertise and support.
Organizations valuing an extensive or specific vendor ecosystem to enhance supplier collaboration may opt for solutions with broader or more regionally focused partner networks.
Tradeshift Support Options
Frequently Asked Questions About Tradeshift
Common questions buyers ask before choosing Tradeshift.
Tradeshift is a AP Automation Software. Tradeshift offers Onboarding, Invoice, Supply Chain Management, Collaboration and many more functionalities.
Tradeshift is a strong fit if: You require compliance with e-invoicing and tax regulations in up to 50 countries.; You want AI-powered automation to reduce manual invoice coding and approval tasks.. Consider alternatives if: You are a small business with simple invoicing needs and limited resources for onboarding.; You need highly customizable workflows for niche or unique AP processes..
Buyers commonly note the following limitations of Tradeshift: Significant onboarding time due to solution complexity; Limited customization options for highly specialized processes; Pricing is quotation based and not publicly transparent.
Some top alternatives to Tradeshift includes Precoro, SutiAP, Nexus Systems, e-automate and Ocerra.
Tradeshift offers Quotation Based pricing model
The starting price is not disclosed by Tradeshift. You can visit Tradeshift pricing page to get the latest pricing.
Ready to try it?
Get started with Tradeshift
Get connected with the team for a personalised demo.
Disclaimer: This research has been collated from a variety of authoritative sources. We welcome your feedback at [email protected].
