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NHS SBS chooses Tradeshift to cure supply chain headaches

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By partnering with Tradeshift, NHS SBS is taking a giant step forward to support the needs of thousands and thousands of SMBs. The project is the largest of its kind and delivers a free Tradeshift account to each of their 100,000+ suppliers, introducing them to online invoicing, early payment solutions, and a better way to get paid and manage their business. Learn more: http://bit.ly/1sWIyrx

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Page 1: NHS SBS chooses Tradeshift to cure supply chain headaches

“Tradeshift also gives us a brilliant platform for better collaboration, and will allow us to scale up and evolve with suppliers, as well as introduce innovative solutions.”

The world’s largest publicly funded health services:

£92 billion in NHS payments a year

7 million+ paper invoices = 14m pieces of paper pa

160K+ suppliers

Simon MurphyDirector of Finance & AccountingNHS Shared Business Services

Page 2: NHS SBS chooses Tradeshift to cure supply chain headaches

“I need to know that once I’ve raised the invoice that it’s going to be paid promptly. What Tradeshift has done is to enable that hugely….I find it easy, very quick and I actually get paid. I find it seamless and effective.”

Sharon Davidson Owner of AreskoSupplier to the NHS

Page 3: NHS SBS chooses Tradeshift to cure supply chain headaches

IntegrationThe finance processes within the NHS are being consolidated, so a platform is needed that can offer as many financial solutions as possible.

Why NHS SBS Chose Tradeshift?

Processing 30,000 payment related documents a day from more than160,000 suppliers can be incredibly time consuming, in fact, it takes up to 20 mins per paper invoice.

Saves TimeWith so much paper and suppliers, human and machine errors when can mean a tremendous amount of work. These mistakes can add unnecessarily to staff workloads and cause delays.

Reduces Rework

NHS suppliers large and small, are developing and extending the reach of their business and innovating every day, and NHS SBS needs to be able to work with this.

Flexibility

As a responsible, forward-thinking public sector organisation, it is essential to be able to scale and evolve with suppliers, as well as bring innovative solutions to market (e.g., Apps).

EvolutionTo support suppliers, NHS SBS needs timely, always available, easy-to-use tools to make quick decisions, and to manage its spend as well as its strategic suppliers.

Visibility