WIPRO PARTNERS WITH AND INVESTS IN TRADESHIFT TO INCREASE DIGITALIZATION AND AUTOMATION ACROSS SOURCE-TO-PAY PROCESSES

With the strategic partnership Wipro is standardizing on Tradeshift to offer a global BPaaS utility 

The partnership aims to help customers accelerate digitalization and automation in their procurement, finance and accounting functions. Headquartered in San Francisco, Tradeshift offers a business commerce platform to digitally connect companies through cloud-based, collaborative accounts payable and procurement automation.

The agreement combines the capabilities of Tradeshift’s platform with Wipro’s integrated S2P services. Wipro’s S2P solutions enable enterprises to achieve efficiencies across the procurement value chain. By adding Tradeshift’s capabilities in product database, e-invoicing, procurement automation, mobility-enabled access, and global supplier risk management, Wipro will be able to standardize and continually expand its business process as a service (BPaaS) offerings. In turn, businesses can automate processes, connect stakeholders and help customers collect and analyse data around all of their transactions, covering invoices, purchase orders and payments.

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