The partnership will provide greater transparency and agility

Tradeshift, the world’s largest business commerce platform, has formed a partnership with Infosys BPO, the Business Process Outsourcing subsidiary of Infosys Limited (NYSE: INFY).

Tradeshift’s cloud-based platform, coupled with Infosys’ business process management expertise across the Finance, Accounting and Procurement domains, will further enable clients to digitize their source-to-pay and other supply chain processes.

Benefits for customers include further reduced costs, improved agility, and process efficiency
Customers will be able to take advantage of early payment discounts, remove manual paper-based processes, build custom applications, and help meet their transactional digital transformation objectives Infosys will deploy these capabilities across clients first in North America, Europe, the Middle East, Africa, and China.

“We look forward to this exciting journey of combining Infosys’ deep domain and process expertise with our B2B commerce platform,” said John Sibley, Vice President, Global Alliances and Channels, Tradeshift.

“This partnership will provide greater transparency and agility, along with a compelling value proposition to suppliers and buyers alike, on various touch points in the source to pay lifecycle,” he said.

“In today’s disruptive environment, platform-based ‘Business Process As-a-Service’ models have become integral to the Business Process Management (BPM) industry,” said Anantha Radhakrishnan, Chief Executive Officer and Managing Director, Infosys BPO.

“This partnership with Tradeshift will further amplify Infosys BPO’s leadership position through the combination of ‘software + services’ in Procurement and Finance and Accounting. This collaboration will help augment our experience and expertise in transformative Business Process Management and enable us to further deliver tremendous business outcome benefits to our clients,” said Radhakrishnan. fii-news.com