Insights for Procure-to-Pay and Finance Leaders

Kuehne + Nagel selects Tradeshift

Kuehne + Nagel, one of the world’s leading logistics companies, selected Tradeshift for e-invoicing. The first stage of the trial will see Tradeshift implemented across five countries followed by a wider European rollout.

For enterprises like Kuehne+Nagel, which manage around 8 million invoices every year, Tradeshift presents an excellent way to deal with its entire supplier infrastructure in an ordered and consistent manner. And because Tradeshift is free for all suppliers, uptake in order of magnitude is higher than alternative solutions.

Jon Abrahamson, Senior Vice President of Kuehne +Nagel, said, “Like numerous other enterprises we have the vision of an automated invoicing flow and Tradeshift represents the best possibility to date of moving in that direction. When you consider that some of our suppliers send many thousands of documents to us every year, we could hardly charge them on per item basis. Tradeshift turns the whole approach on its head, with very good results.”