Wipro Ventures finances in Tradeshift

Wipro_Ventures_finances

Software services firm Wipro believed its investment arm, Wipro Ventures has financed in Tradeshift, a business commerce platform.

Also, Wipro has forged a strategic partnership with the US-based firm to deal cloud-based source-to-pay (S2P) business process as a service (BPaaS) solution.

“Wipro Ventures has made an investment in Tradeshift to fortify the partnership and further progress Tradeshift’s innovative applications, platform, trade financing solutions and business-to-business marketplace ecosystem,” Wipro claimed.

“The partnership focus to help customers accelerate digitization and automation in their procurement, accounting functions and financial,” Wipro stated. Headquartered in San Francisco, Tradeshift deals a business commerce path to digitally connect companies through cloud-based, collaborative accounts payable and procurement automation. By adding Tradeshift’s abilities, Wipro will be able to regulate and continually expand its business process as a service (BPaaS) aids.

In turn, businesses can automate processes, connect stakeholders and help customers analyze and collect data about all of their transactions, covering invoices, payments and purchase orders. “Joining forces with an advanced company such as Tradeshift will provide our customers access to their global, cloud-based supply chain path,” Wipro Senior Vice President and Global Head, Nagendra P Bandaru told.

Wipro assumed it has partnered PATH, an international non-profit organization focused on refining health care, especially for women and children.

“Wipro and PATH will partner to progress health outcomes in developing countries in Africa and Asia Pacific by cooperating on information and technology systems that accelerate growth on health innovations in low-resource environments,” Wipro claimed.

As part of the engagement, Wipro will create a plan for PATH’s global health programs that makes more efficient and effective use of data from internal and external sources.