Supply Chain Digital Magazine March 2024 | Page 32

09

Epicor 10

Tradeshift

Tradeshift is a global trade network that encompasses every interaction between a buyer and a supplier . It is a cloud based business network and platform for purchase-to-pay automation , supply chain payments , marketplaces , virtual cards and supply chain financing . Its 2018 round of funding , led by Goldman Sachs , raised US $ 250 million at a valuation of $ 1.1 billion , giving the company unicorn status .
Organisations use it for better data management and enhanced collaboration .
Epicor provides enterprise resource planning , customer relationship management ( CRM ), supply chain management and human capital management software to business customers , both as software as a service ( SaaS ) and on-premises models .
It works with customers to create industry-specific software solutions and services that , it says , “ enable a world of better business ”.
With sourcing being purchasing professionals ’ most important valueadd activity , Epicor ’ s software offers a wide range of skills and subject matter expertise . It does this through automation technology , allowing buyers to focus more time and energy on strategic activities .
It offers everything from strategic sourcing to procurement , and from supplier enablement to user adoption . 32 March 2024