TRADESHIFT Signs Agreement With Lear
SAN FRANCISCO, CA -- (Marketwired) -- 08/06/13 -- TRADESHIFT has
signed an agreement with the Lear Corporation as part of a large
shared services transformation project. Lear will start by rolling
out TRADESHIFT's latest app, Collaborative Workflow, to select
regions, revolutionizing how the company's employees are able to work
with each other and with suppliers.
The TRADESHIFT platform allows large global corporations, like Lear,
to connect with their entire supply chain to conduct better, more
efficient business. Apps developed by TRADESHIFT, their customers and
even third parties allow these enterprises and their suppliers to
bring countless business processes online including e-invoicing,
payments, logistics, workflow and more.
"More and more multinationals are looking for ways to bring the
different branches of their global companies together on one
platform. As more governments begin to mandate e-invoicing and other
business processes, having a unified solution that works across
borders will be critical. Lear understands this and by working with
the TRADESHIFT platform they'll be able to ensure compliance and
scalability in every region they do business," commented TRADESHIFT
CEO, Christian Lanng.
In nearly a century, Lear Corporation has stormed the Fortune 500 to
become a leading manufacturer and supplier of automotive seating and
electrical power management systems. With 113,000 employees and 221
locations in 36 countries, it faces the challenges that a lot of
global enterprises are confronting today. And TRADESHIFT provides the
With Mexico's January 1, 2014 CFDI mandate looming, and other
countries following suit, multinationals everywhere are evaluating
the best solutions for meeting the complex compliance regulations.
TRADESHIFT ensures documents sent and received on the platform meet
these standards and are compliant with the CFDI format.
TRADESHIFT will begin the implementation and onboarding of Lear's
suppliers throughout North America and Mexico. These suppliers will
join the 500,000 companies already connected on the TRADESHIFT
TRADESHIFT is platform for all your business interactions. It helps
companies run more efficiently by harnessing the power of their
network to create new value from old processes like invoicing,
payments and workflow.
Launched in 2010, TRADESHIFT connects 500,000 companies across 190
countries, with over ten thousand more joining every month.
Businesses on the platform include the National Health Service (NHS),
DHL, French Government, Kuehne+Nagel, MITIE and Vestas Wind Systems.
TRADESHIFT was awarded Best Enterprise at The TechCrunch Europa
awards and Most Innovative Solution by Financial-I. TechCrunch also
recognised it for "Kicking Ass Globally".
About Lear Corporation
Lear Corporation is one of the world's
leading suppliers of automotive seating and electrical power
management systems. The Company's world-class products are designed,
engineered and manufactured by a diverse team of approximately
113,000 employees located in 36 countries. Lear's headquarters are in
Southfield, Michigan, and Lear is traded on the New York Stock
Exchange under the symbol (LEA). Further information about Lear is
available at lear.com.
(415) 794 - 5861
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