Coface and Tradeshift announce strategic partnership

General Press Releases Thursday October 18, 2018 16:25
Bangkok--18 Oct--Coface
Global credit insurer to make risk indicators available to a network of 1.5 million businesses in 190 countries.

As part of a strategic partnership, Tradeshift, the leader in supply chain payments and marketplaces, and Coface, the most global credit insurer, have announced a new app solution on the Tradeshift platform to help businesses make decisions with confidence by ensuring greater financial transparency between buyers and suppliers.

Coface and Tradeshift are working together on combining their business ecosystems and expertise in order to co-develop innovative solution to guide companies through the complexity of global trade and to protect them against the risk of non-payment. As a first step, Coface will make business information available through a Coface app integrated into the Tradeshift platform.

"Risk management is such a critical component for cohesive global trade," commented Christian Lanng, co-founder and CEO of Tradeshift. "This first step of bringing Coface into our integrated procurement platform will add another way for our users to be confident that their supply chain is safe and reliable, no matter where they are doing business."

"Tradeshift, like Coface, has a unique and differentiated position in the market," said Xavier Durand, CEO of Coface. "We are 'for trade,' meaning we're committed to providing services that strengthen business' ability to sell on their domestic and export markets. By joining forces with Tradeshift, the companies using Tradeshift's platform will have easy access to our best-in-class risk and business information services. This innovative partnership is an illustration of Coface's ambition to lead the way in reaping the opportunities digital technology brings to our industry."


Latest Press Release

Winner of LA MAISON COINTREAU THAILAND 2019, Thailands most-talented bartenders, venturing into regional finals.

Remy Cointreau group reveals the trend of the alcohol market in 2019 has improved signs with positive factors come from the tourism sector recovering. Meanwhile announcing the winner of the LA MAISON COINTREAU Thailand 2019, the best cocktail competition...

Photo Release: Central Group hosts welcome luncheon to President and CEO of AICEP

Thirayuth Chirathivat (Centre), Chief Executive Officer of Centara Hotels & Resorts together with Central Group's Management hosts welcome luncheon to Dr. Luís Castro Henriques (4th from right), President and CEO of AICEP – Trade and...

BASF invests in research advancement with launch of Nutrition Asia Research Grant 2020

BASF is calling upon the research and academic community in Asia Pacific to submit research proposals to the Nutrition Asia Research Grant 2020. The program is now in its seventh edition and aims to support academics to advance scientific research for...

CPF Philippines supports fish farming for students luncheon to 3 public schools in Philippines.

Mr.Udomsak Aksornphakdee, President for Agro-industrial business (aquaculture), CPF Philippines andMs.Aida D. Macalinao, Municipality Mayor of Samal together with Education Department of Samal District and Pilar District jointly launched fish culture for...

The finest grilled seafood in Bangkok all served up on one huge platter at UNO MAS!

Looking for a luxurious seafood feast in Bangkok? Then forget flicking endlessly through a laminated menu and put your faith in UNO MAS's Executive Chef Sandro Aguilera – who has created a spectacular "Galician-style grilled seafood...

Related Topics