Tradeshift Named Top-Tier Software Vendor by APPS RUN THE WORLD in the APPS TOP 500 Market Report

Tradeshift Strengths, Domain Expertise, and Key Differentiators

Tradeshift’s core strength lies in its comprehensive cloud platform, which connects businesses through a single, unified system for procurement, payments, and invoicing. The platform integrates AI capabilities, most notably Ada AI, which automates complex financial processes such as invoice processing and payments, providing real-time insights and operational efficiency for its users. This AI-driven approach is increasingly crucial in a landscape dominated by the need for automation and cost-saving mechanisms.

Additionally, Tradeshift’s focus on compliance across over 70 countries demonstrates its deep domain expertise in navigating complex regulatory frameworks, ensuring that businesses can stay ahead of constantly changing e-invoicing and financial regulations. This emphasis on compliance further enhances the platform’s value for multinational corporations seeking to simplify their operations while adhering to regional and international standards.

Tradeshift Recent Developments

Tradeshift has made significant strides in 2025, enhancing its cloud-based platform with the latest release focused on AI-driven automation for accounts payable and receivable. This update is aimed at improving efficiency within financial workflows by reducing manual tasks and enhancing accuracy through machine learning algorithms. A key milestone for the company is its readiness for the 2026 e-invoicing mandate in France, with its registration as a Qualified Electronic Service Provider (PDP). This strategic move ensures that businesses leveraging Tradeshift’s platform will remain compliant with the impending regulatory changes.

Tradeshift has launched a new Reporting & Analytics app powered by Amazon QuickSight and Amazon Q. The app provides accessible dashboards and reporting tools for both buyers and sellers, with a key feature being the integration of generative AI via Amazon Q. This allows users to ask questions in natural language and receive immediate text and visual responses, reducing reliance on technical expertise.

In a major step to extend its footprint in the embedded finance market, Tradeshift has continued its joint venture with HSBC, SemFi, which was launched in 2023. Targeting key markets like the UK and Hong Kong, SemFi aims to provide innovative financial solutions tailored to business needs. This joint venture has shown promise in revolutionizing finance solutions for small to medium-sized businesses.

On the leadership front, the appointment of Iain Balchin as CFO, with extensive experience in fintech, further strengthens Tradeshift's financial strategy. His expertise is expected to aid the company in navigating expansion opportunities and addressing evolving market needs.

Tradeshift Customers in ARTW Customer Database

Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Tradeshift applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Tradeshift and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified Tradeshift Pay, Tradeshift Cash, Tradeshift Go, Tradeshift Engage, Tradeshift Buy, Tradeshift Frontiers, customers.

Tradeshift Key Enterprise and Cloud Applications

Tradeshift Pay, Tradeshift Cash, Tradeshift Go, Tradeshift Engage, Tradeshift Buy, Tradeshift Frontiers,

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Tradeshift Direct vs Indirect sales

Tradeshift Customers - Breakdown by Geo, Size, Vertical and Product

List of Verified Tradeshift Customers

No. of Tradeshift Customers: x

No. of Tradeshift Enterprise Applications Customers: 150

No. of Tradeshift Cloud Customers: x

No. of Tradeshift Cloud Subscribers: 1.5 million

Tradeshift has built a diverse customer base, serving over 1.5 million businesses, including approximately 150 enterprise clients. Its customer portfolio spans several sectors, with notable clients in logistics, healthcare, and consumer goods, such as DHL, Air France-KLM, Volvo, and the NHS. Tradeshift’s platform has been particularly popular in Europe, where it enjoys a strong presence, though it is increasingly gaining traction in other regions, notably Asia-Pacific and the Americas.

With its focus on enhancing global supply chain efficiency, Tradeshift has been able to cater to the growing demands of large enterprises while also providing scalable solutions for small and medium-sized businesses (SMBs). This broad customer breakdown supports the company’s vision of creating a seamless B2B commerce network that can scale with evolving business needs.

Tradeshift Market Opportunities, M&A and Geo Expansions

Tradeshift’s future growth opportunities span both geographic expansion and industry diversification. The company is well-positioned to extend its platform capabilities into regions such as Asia and Latin America, where the pace of digital transformation and adoption of cloud-based solutions is accelerating. These markets are actively modernizing their financial and procurement systems, offering Tradeshift a clear pathway to broaden its global footprint.

In addition, the ongoing development of embedded finance through the SemFi joint venture provides a pathway for deeper engagement in the financial services domain, addressing growing enterprise demand for integrated payment and financing solutions.

Tradeshift Risks and Challenges

Tradeshift operates in a highly competitive environment, with established vendors such as Coupa, Basware, and SAP Ariba offering comparable capabilities. To retain market share, Tradeshift must continue innovating and responding quickly to evolving customer and industry requirements. Cybersecurity also remains a critical risk, as its cloud-based infrastructure presents a potential target for cyberattacks. Maintaining strong security protocols is essential to protect client data and preserve platform trust.

Tradeshift Ecosystem, Partners, Resellers and SI

Tradeshift’s ecosystem is built around a hybrid sales model that includes both direct and indirect channels. Its direct sales force is complemented by a robust partner network, including over 50 partners such as Wipro and Citibank, which help drive indirect sales and expand market reach. This partner ecosystem, alongside over 200 third-party app integrations enabled by the acquisition of Babelway, extends the platform’s flexibility and allows Tradeshift to cater to a broader customer base.

The company’s growing network of system integrators and value-added resellers (VARs) also plays a crucial role in amplifying Tradeshift’s global adoption. These partners help integrate Tradeshift’s solutions into their customers’ existing IT ecosystems, facilitating wider deployment across industries and geographies. Furthermore, as cloud, IoT, and AI technologies continue to evolve, the network effects generated by these partnerships will likely accelerate the company’s market penetration.

Research Methodology

Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.

Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).

For additional information on our methodologies, here's the link: