Tradeshift has launched a new AI-powered Analytics app designed to give buyers control and visibility over their accounts payable (AP) data. The business intelligence tool, embedded directly into the Tradeshift platform, aims to help enterprise users generate instant, actionable insights with minimal setup or training.
Built in collaboration with Amazon Web Services (AWS), the solution leverages Amazon QuickSight for reporting and visualization, and Amazon Q to enable conversational AI-powered queries. With 11 pre-built reports and dashboard templates, Tradeshift’s Analytics app delivers enterprise-grade functionality at a significantly lower cost than traditional BI tools.
“Throughout my career, I’ve often seen teams struggle with expensive, complex BI tools that require extensive training,” said Mike Cowles, CEO of Tradeshift. “Our Analytics app is different. Powered by Amazon QuickSight and Amazon Q, we deliver sophisticated intelligence at a fraction of the cost while being intuitive enough for anyone to use. Our solutions are about empowering payables teams to save time and be more strategic, and the new Analytics app is another big step forward in this regard.”
The app enables users to analyse invoices, purchase orders, and credit notes in seconds. Buyers can use natural language queries to interact with their data, with Amazon Q returning results—including visualizations—in real time. Advanced dashboard design tools allow for self-service customization, while export functions support broader team collaboration.
“Our next-gen analytics platform powered by QuickSight marks a significant step forward for payables, procurement and finance professionals,” said Raphael Bres, Chief Product & Technology Officer at Tradeshift. “We are providing ultra-fast, embedded, AI-powered advanced analytics over high volumes of transactions. We are empowering our customers to make faster, data-driven decisions, uncover opportunities and focus on the most critical areas. This is what modern B2B SaaS BI should be: powerful enough for complex analysis, simple enough for everyday use at the lowest total cost of ownership possible.”
Among the out-of-the-box datasets and reports available are:
- Supplier connection status and trading activity
- Document volumes by supplier, type, and source
- Monthly document value trends
- Invoice analysis by cost centre
- Workflow tracking for AP documents
- Purchase order lifecycle metrics
- User and team activity reports
Tradeshift’s Analytics app is available to all customers now. For a demonstration, visit www.tradeshift.com.
