TECHNOLOGY
48
“ It ’ s important that we continue to look at how we can leverage machine learning to provide smarter tools to companies ”
— Gert Sylvest , Co-Founder and GM , Tradeshift Frontiers
equal participant in the ecosystem as the buyer ,” he affirms . “ The same goes whether it ’ s a one-person company in Indonesia or a Fortune 500 company in North America or Europe . We all have our own networks and relationships so I think step one is to empower the supplier to build the relationships with every other buyer that they have in their supply chains , otherwise it ’ s going to be fragmented . Number two is that every company owns their own space so when they sign off , they have an account which they can 100 % control in terms of who they share this information with . It ’ s not a decision that we can make . We think that ’ s the foundation of how you can create an ecosystem .”
Looking ahead , both Anderson and Sylvest harbour clear ambitions for the future of technology moving forward . “ I believe that digitisation ’ s access to finance throughout the supply chain is very simple because if you understand what ’ s being ordered , who is ordering it and how it is being invoiced and couple that information with the logistics provider , you can very accurately assess a risk of such invoice not being paid ,” notes Anderson .
“ It ’ s important that we continue to look at how we can leverage machine learning to provide smarter tools to companies ,” Sylvest adds . “ Companies are eager to invest in ML and AI to drive
AUGUST 2019