TraceCentric

TradeCentric is an integration platform designed to streamline complex B2B transactions by bridging eCommerce and eProcurement systems. It offers end-to-end solutions that enhance efficiency and accuracy through automation. TradeCentric provides various services including PunchOut Catalogs, Purchase Order Automation, Invoice Automation, and more. These services help businesses improve revenue, reduce manual processing errors, and accelerate transaction processes.

The platform supports multiple formats and protocols, facilitating seamless communication between trading partners and systems. By leveraging AI and robust integrations, TradeCentric connects with over 75 eCommerce platforms and 220 ERP/eProcurement solutions, making it a versatile tool for modern B2B commerce. The company aims to eliminate friction in transactions, offering enhanced visibility and control over purchasing processes, which is trusted by innovative companies globally.

TradeCentric distinguishes itself from other workload automation tools through its specialized focus on B2B eCommerce and eProcurement integration. It offers a seamless bridge between these systems, enabling businesses to automate complex transactions efficiently.

Unlike generic automation tools, TradeCentric provides tailored solutions like PunchOut Catalogs, Purchase Order Automation, and Invoice Automation, specifically designed for B2B environments. Its extensive connectivity, supporting over 75 eCommerce platforms and 220 ERP/eProcurement solutions, ensures versatile and robust integration capabilities.

By focusing on reducing transaction friction and enhancing visibility, TradeCentric delivers a unique, targeted approach to automating and optimizing B2B commerce processes.

TradeCentric can significantly enhance key eCommerce metrics such as transaction speed, order accuracy, and process efficiency. By automating Purchase Order and Invoice processes, it reduces manual errors and accelerates transaction cycles. Additionally, it improves customer satisfaction by providing seamless, integrated eCommerce and eProcurement experiences, ultimately boosting overall sales performance.

TradeCentric is primarily used by procurement managers, IT professionals, and eCommerce teams within an organization. These users are responsible for integrating eCommerce platforms with procurement systems to streamline transactions, enhance efficiency, and reduce errors in B2B processes.

Setting up TradeCentric is a manageable project, often requiring collaboration between IT and procurement teams. It involves configuring integrations between existing eCommerce platforms and ERP/eProcurement systems.

The process is streamlined, thanks to TradeCentric's extensive connectivity options, allowing for a relatively quick implementation compared to more complex, bespoke solutions. This makes it suitable for businesses of varying sizes.

TradeCentric is ideal for medium to large businesses engaged in substantial B2B transactions that require seamless integration between eCommerce and eProcurement systems.

Companies in sectors like manufacturing, distribution, and wholesale benefit significantly from its ability to automate and streamline complex purchasing processes, enhancing efficiency and accuracy. Organizations that rely heavily on ERP systems and require advanced procurement functionalities also find TradeCentric invaluable.

Conversely, TradeCentric might not suit very small businesses or those with minimal B2B transactions, as the complexity and cost of implementation may not justify the benefits. Additionally, companies without existing eCommerce or procurement systems may find it unnecessary.