SupplyChain Magazine June 2022 | Page 47

SUPPLY CHAIN
What incentives can organisations offer to encourage suppliers to onboard ? CL : Tradeshift started as a free e-invoicing tool for suppliers , so seller value sits at the core of our technology proposition .
We understand that when it comes to convincing suppliers to digitise , they care about three things above all else : simplicity , transparency and speed .
The way Tradeshift is designed takes inspiration from social networking sites like LinkedIn that make it very easy for individuals to join and start exchanging information with multiple connections .
When sellers connect to Tradeshift , they unlock a wealth of insight into their relationship with their customers . Being part of a digital network also means sellers can collaborate with buyers in real-time , leading to faster issues-resolution and reduced payment cycles . Our network model also means we ’ ve been able to build and rollsupplychaindigital . com 47