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Tradeshift adds Veolia and Société Générale to its new clients list

Tuesday 15th August, 2017

Tradeshift has announced continued strong growth across its business segments and broad adoption of the company’s vision, platform and apps strategy.

The first half of 2017 featured the successful acquisition of IBX Business Network, major software launches including, Ada an artificial intelligence (AI) layer and Magellan 1 & 2, significant customer wins, new office openings and several industry recognitions.

“We believe that this is further validation that our approach is breaking through traditional models,” said Christian Lanng, co-founder and chief executive officer, Tradeshift. “Industry analysts are taking note. Procurement leaders across the globe increasingly inquire about Tradeshift Procure-to-Pay capabilities and the extended services enabled by our open platform.”

Major customer wins in the first half of the year included:

  • Bilfinger, a German-based international construction and industrial services provider
  • HSBC and Société Générale
  • SGS, the world’s leading inspection, verification, testing and certification company
  • Veolia, a French transnational company in water management, waste management and energy services
  • One of the largest chain of supermarkets in the UK

“We’re seeing a real diversity of enterprise customers adopting our business commerce platform to solve their business challenges,” said Lanng. “There’s similar diversity in the reasons why our capabilities map to customer requirements. One customer may want to leverage a set of partner applications, whereas another may want to leverage the global scope of Tradeshift network, or expand business processes to suppliers. Yet another may want to offer supply chain financing to their long tail of suppliers. In every case, our goal is to provide a flexible, powerful collection of capabilities that enable procurement to add greater value."

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