transcosmos inc. and Tradeshift Japan Inc. (Headquarters: Tokyo, Japan; President: Noriaki Okubo; hereafter, Tradeshift) agreed to form a business partnership on Monday, June 5, 2017. Tradeshift provides “Tradeshift”, the world’s largest business commerce platform. Under the partnership, the two companies will co-develop plans to create high-value-added solutions, run marketing promotions and sell the solutions. By integrating “Tradeshift” into transcosmos’s BPO services, the partner companies encourage and help businesses digitalize their indirect operations, accelerate transactional speed, whilst achieving paperless transactions.
Along with the relaxed electronic storage requirements, following the Electronic Books Maintenance Act of 2015 (*1), more businesses will start using electronic documents in their operations (scan paper-based documents into image data). In the B2B arena, it has become a global trend to shift from paper-based transactions to electronic commerce – a paperless, real-time data transaction -. As one of its initiatives under the “Competitive IT Strategy” (*2), the Japanese government is also encouraging businesses to use electronic commerce. At the same time, a rising number of businesses are aiming to strengthen their competitive advantage as well as elevating employees’ motivation in the workplace by offering various workstyles that enable employees to strike a right balance between work and life. One of the measures many companies are taking is ICT-based telework, a flexible workstyle which enables employees to work from anywhere.
transcosmos offers diverse back-office services that optimize various indirect business operations including order management, billing, payment and more. Now, integrating “Tradeshift” into the services, transcosmos is helping businesses shift from their traditional paper-based transactions to electronic commerce smoothly, whilst building IT foundation which realizes paperless transactions, process automation, online document management and approvals, regardless of the place. During the transfer period, transcosmos offers an optional service for users to scan paper-based documents received from their business partners into digital format.
transcosmos’s globally proven back-office services enable the users to speed up their business operations and optimize costs whilst electronic commerce realizes real-time, paperless and energy-friendly operations. Through implementing telework solutions and enabling transactions and approval processes from anywhere, users can offer diverse workstyles for their employees.
transcosmos and Tradeshift are committed to support the clients’ digital transformation in order for them to optimize their business processes and costs as well as to build their competitive advantage.