An AI Intelligence Layer for B2B Commerce
Tradeshift has released a new "intelligence layer" dubbed Ada that will bring automation and artificial intelligence capabilities to the B2B commerce platform and help users improve how they buy, pay and collaborate along the way.
The Ada intelligence layer works by learning about users and companies, allowing procurement teams and others in the B2B commerce process to automate many of their tasks. The solution is designed to understand buying preferences, activate apps, and provide information on catalog items for users and will even provide insights into spend, pre-populate purchase requests, and link any approval workflow in the Slack collaboration tool.
“Rapid innovation is at the heart of everything we do at Tradeshift,” says Thijs Stalenhoef, SVP of Enterprise Products. “First an idea hatched at one of our hackathons, Tradeshift Ada is a next-generation technology using capabilities such as machine learning (ML) and natural language processing (NLP). It’s the foundational layer for bringing AI into our platform everywhere. Currently, Tradeshift Ada integrates with Tradeshift Go, Tradeshift Buy, Business Analytics, and externally to Slack. This enables users to gain insight, complete tasks more easily and save more money every day.”