Tradeshift launches new cloud-based supply chain payment system

Tradeshift launches new cloud-based supply chain payment system

Tradeshift's Engage simplifies supply chain payments to help alleviate working capital issues for both buyers and suppliers. Coupled with the recent trend of buyers delaying payments to as much as 180 days to protect working capital.. The system enables the buyer and supplier to track invoices in real time, with an option for a flexible payment system that allows the supplier to receive payment direct from Tradeshift, preserving working capital for both the buyer and supplier.. Sellers can easily engage and collaborate with multiple buyers through a single interface that enables real-time issue resolution..