Javtech, who is an e-Invoicing provider in the Philippines, has announced to expand the partnership with Tradeshift, the leader in supply chain payments and marketplaces.
The current pandemic has highlighted a number of challenges stemming from the digital disconnect which exists in the relationship between buyers and suppliers. Despite rapid advances in technology many of the core processes which underpin these relationships remain heavily paper-based. With social distancing measures making these processes unworkable overnight, organizations are looking for options to eliminate paper from business-critical processes.
Combining Javtech’s expertise on e-invoicing with Tradeshift’s open network, marketplace approach and rich app ecosystem will ensure continuity of business relationships during the current disruption by embedding digital connectivity at the core. Enhanced working capital options available through the Tradeshift platform will also help ease the liquidity pressures felt across supply chains.
The Javtech and Tradeshift partnership will help companies eliminate silos between disconnected systems by enabling them to link accounts payable and procurement operations to a global network of buyers and sellers. Enterprises can digitize supplier and trade processes and accelerate innovation with apps, increasing their ability to adapt to changing business conditions. Rapid and seamless onboarding, partnered with Javtech’s expertise, will allow trading partners onto electronic delivery of services in the shortest possible time frame without disrupting the supply chain.
“We are very happy to welcome Javtech within the Tradeshift partner ecosystem. Together we bring to the region a market solution to enhance the full P2P process and help companies to digitalise their process and their relation with their suppliers,” said Bruno Laborie, Senior Director of Global Alliances, Tradeshift.
“In the face of unprecedented disruption, many businesses will thrive to survive. We want to help as best we can to find the right solution. I see this partnership as an opportunity to provide a competitive advantage for customers when embracing digital transformation. This will generate value to our existing and potential clients to ensure continuity of their business operations.” – Alexis D. Dupaya, General Manager and Senior Partner, Javtech.
Tradeshift drives supply chain innovation for the digitally connected economy. As the leader in supply chain payments and marketplaces, the company helps buyers and suppliers digitize all their trade transactions, collaborate on every process, and connect with any supply chain app. More than 1.5 million companies across 190 countries trust Tradeshift to process over half a trillion USD in transaction value, making it the largest global business network for buying and selling. Discover commerce for all at tradeshift.com.