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    Tradeshift Spring 2024 Payment Automation Release Notes

    2685 0 Created on 2024-03-07 15:06:01; Last updated on 2024-09-13 08:48:21


    Get ready for Tradeshift’s Spring 2024 Release!  

    Do you want to know what goes live on March 18th? Check out the release notes!



    Big ticket items

    Click and select data from PDF - Amount & Date component


    When selecting dates or amounts from a PDF to be copied into the invoice form, ScanIO automatically converts the data to match the required format of TS UBL.

    You save time by not having to fill in the information manually and get increased accuracy by avoiding formatting issues. 


    Tradeshift App: ScanIO

    Audience: Buyers, Enterprise Customers

    End Users: All users through ScanIO

    Availability: Available by default, no configuration required






    Review configuration changes


    The new Configuration changes report allows you to review configuration changes done in your company account for the following areas:


    • Workflow Version: Changes related to the latest version of workflow being used

    • Account Properties: Changes in Company Account properties

    • User Properties: Changes related to users approval and spend limits

    • Company Configuration: Changes to any of the company configurations (master or branch-level) stored by the Organizational Structure service

    • App Settings: Changes to the configurations of individual apps within the platform


    Tradeshift App: Insight Center 

    Audience: Enterprise Customers

    End Users: Auditors

    Availability: Available starting with March 18th, no configuration required




    Supplier onboarding - improved supplier matching logic


    Supplier onboarding matching logic has been enhanced to support a higher matching rate when using identifiers:

    • Higher matching rate for identifiers

    • Support for multiple variations of identifiers


    Tradeshift App: Supplier Matching

    Audience: Buyers, Enterprise customers

    Availability: Available by default, no configuration required. 




    Supplier onboarding - Business Firewall (BFR) 2.0 support for merged accounts


    Business Firewall 2.0 branch support

    • Enables BFR 2.0 checks to operate on documents in supplier branches 

    • Documents in merged supplier accounts will successfully validate in customer’s BFR 2.0 

    • Removes the need for “Silent order changes” when merging supplier accounts


    Tradeshift App: Business Firewall Configurator

    Audience: Buyers, Enterprise customers

    Availability: Available starting end of March, no configuration required. 




    For power users and admins

    Coding Editor Table GUI Configuration


    The coding GUI configurator can now support: 

    • A page message to guide you in configuring the scenarios and themes requiring coding and how coding needs to be done

    • A GUI configuration option to enable/disable coding editor table functionality


    Tradeshift App: Coding configurator

    Audience: Buyers, Enterprise Customers

    End Users: AP User Roles

    Availability: Available by default, no configuration required




    Improved Invoice tax handling via the OneSource connector 


    With the improved validations on incoming Invoices as a buyer or marketplace operator, you can:


    • Take advantage of a new relative tolerance calculation formula when defining Tolerance Percentage under Company Taxes Configuration in the Tradeshift Configurator - tax validation flow

    • Take advantage of a more comprehensive tax rate code handling with improved defaulting mechanisms under the hood - tax determination flow

    • Trust a more robust error handling process, better AllowanceChargeID and LineID handling, more meaningful tolerance definitions - both flows


    Tradeshift App: Tax Service

    Audience: Buyers, Enterprise customers

    End Users: AP users, MoR Marketplace operators users

    Availability: Available through Tax Service integration




    Multi-site now supports ‘ship from’ updates


    This new enhancement for the Multi-site sellers feature will allow for:

    • Sending a document with ShipFrom A -> create a task to add a rule

    • Sending a document without ShipFrom address -> create a task to add a rule for the AccountingSupplierPartyAddress as fallback

    • Sending a document with ShipFrom B -> system checks that there is no rule in place and creates a task to add a new rule

    • Sending a document without ShipFrom address -> system finds the rule from step 2 and no new task is created



    Tradeshift App: Document enrichment

    Audience: Buyers, Enterprise Customers

    End Users: All users

    Availability: Available by default for customers using Multi-site




    Extended Document Access control for AR and AP Teams


    With the improved Document Access App you can:

    • Setup teams to get access to sent or received documents per document type

    • Enable access to Invoice, Credit Note, Remittance Advice, Quotation and Purchase Order documents

    • Take advantage of the Person Reference based access on the above mentioned document types



    Tradeshift App: Document Access

    Audience: Sellers. Buyers, Enterprise customers

    End Users: Users with Document Access

    Availability: Available by default, no configuration required.




    Making your day better

    Stay informed about company Announcements and Tasks to do


    The new Dashboard app widget allows you to:

    • See how many tasks you need to complete

    • Learn if you have company announcements

    • Announcements can be created by company admins via the Messages app

    • Save time – find the widget right on the Dashboard app immediately after logging in


    Tradeshift App: Dashboard 

    Audience: Sellers, Buyers, Enterprise Customers

    End Users: All users

    Availability: Available by default, no configuration required




    User friendly Party Location Data Label View on Invoice 2.0


    Invoice 2.0 now supports: 

    • Clear view on Remit To Party Location data labels

    • Clear view on Ship From Party Location data labels

    • Clear view on Tax Representative Party Location data labels

    • Improved data label names and ordering among different party locations for a consistent look


    Tradeshift App: Create / ViewInvoice 2.0

    Audience: Seller, Buyers, Enterprise Customers

    End Users: All users

    Availability: Available by default, no configuration required


    Add / update delivery address when documents are in ScanIO


    When reviewing a document in ScanIO, you have the ability to add or modify the delivery address(es) at the header and/or line level. You can now select a predefined delivery address associated with a Legal Entity or manually enter a delivery address.


    Tradeshift App: ScanIO

    Audience:Buyers, Enterprise Customers

    End Users: All users through ScanIO

    Availability: Available by default, no configuration required



    Create and save views on data grids for frequent searches


    The new views allow you to:

    • Define and save a search criteria on any data grid and reuse it across one or multiple environments. 

    • Update saved views as needed


    Tradeshift App: Babelway

    Audience: Seller, Buyers, Enterprise Customers

    End Users: All users

    Availability: Available by default, no configuration required




    Support for message format UN/CEFACT


    In the Babelway message definitions you can now select UN/CEFACT (xml based) message type and get automatic handling of scheme validations.


    Tradeshift App: Babelway

    Audience: Seller, Buyers, Enterprise Customers

    End Users: All users

    Availability: Available by default, no configuration required




    Display environment information on Connector Definition overview 


    When looking at the connector definition related instances, it is now possible to see the environment the connector was installed in for easier navigation.


    Tradeshift App: Babelway

    Audience: Seller, Buyers, Enterprise Customers

    End Users: All users

    Availability: Available by default, no configuration required.




    Other notable Babelway improvements


    This new feature allows users to:

    • HttpExpression Pattern on Metadata: extracts a list of metadata with a regex pattern 

    • New Babelway function: in the Easy Function editor there is now a new function that will return a date that is n days before the end of the month (helps mappings for Sellers at times that have these xx days from end of month Payment Terms)

    • Support for two-way SSL SoapOut cert authentication: needed for EU e-delivery OOTS (inter-country citizen document library)


    Tradeshift App: Babelway

    Audience: Seller, Buyers, Enterprise Customers

    End Users: All users

    Availability: Available by default, no configuration required.




    Global Compliance, within reach

    Multiple country compliance related improvements in the platform


    With the improved country compliance, companies now can:

    • Create accounts with valid address and identifiers in:

      • South Korea, Cameroon, Ivory Coast, Equatorial Guinea, Republic of Congo

    • Use updated list of default taxes in:

      • Côte d’Ivoire, South Korea, Cameroon, Thailand, Equatorial Guinea, Democratic Republic Of Congo, Republic Of Congo, Chad, Eswatini, Benin, Angola, Turkiye and Malaysia

    • Create valid, Nemhandel compliant OIOUBL documents from the TS UI

    • See country specific payment means documentation in the TSUBL specs

    • Create accounts with valid address and identifiers in:

      • Chad, Ghana, Democratic Republic Of Congo, Eswatini, Benin, Angola and Taiwan

    • Use updated list of default taxes in:

      • Switzerland, Estonia, Singapore and Bahrain

    • Relaxed address validations for the United States and Canada. Street is no longer required

    • Flipping support for Ship From address for all MoR Marketplace related document types


    Audience: Sellers. Buyers, Enterprise customers

    End Users: All users

    Availability: Available by default, no configuration required.


    Allow for BPay payment method in ScanIO for Australia and New Zealand


    This new payment method allows you to:

    • Enter the BPay payment method if the sender is in Australia or New Zealand 

    • Enter the Bpay reference number

    • Enter the Bpay Biller Code 


    Tradeshift App: ScanIO

    Audience:Buyers, Enterprise Customers

    End Users: All users through ScanIO

    Availability: Available by default, no configuration required




    Add QR reference on your invoice


    This new QR code field allows you to:

    • Select “Payment Reference” from the options fields drop down

    • Manually enter the QR code reference


    This field is not mandatory and not specific to any country.


    Tradeshift App: Create invoice app

    Audience: Sellers, Buyers, Enterprise Customers

    End Users: All users

    Availability: Available by default, no configuration required







    Pay China Product

    Identity verification: Invoice drawer’s face recognition


    Sellers’ invoice drawers can now:


    • View the monthly total issuable amount threshold and remaining issuable amount on the fapiao issue confirm page

    • Verify their invoice drawer identity by using their mobile tax bureau APP to scan the QRCode for identity face recognition

    • Once the invoice drawer has verified their identity, the digitized e-invoice would be issuable.


    Tradeshift App: Pay China Product

    Audience: Sellers

    End Users: Seller side invoice drawer

    Availability: Available by default, no configuration required. Requires Kingxunlian license.


    Outbound Digitized e-invoice issue


    With fapiao issue APP, sellers can now:


    • Issue compliant outbound digitized special e-invoice

    • Issue compliant outbound digitized general e-invoice


    Preconditions:


    • Connect to ETB system

    • Invoice drawer’s identity verification passed

    • There is remaining issuable invoice amount


    Tradeshift App: Pay China Product


    Audience: Sellers


    End Users: Seller side invoice drawer


    Availability: Available by default, no configuration required. Requires Kingxunlian license.


    Credit Note Issue for Digitized e-invoice

    Within Fapiao issue APP, the sellers now can:

    • Fully credit the original digitized e-invoice for any invoice error or good/service return when the outbound digitized e-invoice is not authenticated by the buyer for their inbound invoice tax deduction

    • Create credit note confirmation form to fully credit the positive amount original invoice

    • Credit note for digitized e-invoice would be auto issued when the confirmation form is confirmed


    Applicable for:

    • Credit note for digitized special e-invoice

    • Credit note for digitized general e-invoice


    Tradeshift App: Pay China Product

    Audience: Sellers

    End Users: Seller side invoice drawer

    Availability: Available by default, no configuration required. Requires Kingxunlian license.


    Quality of life improvements - digitized e-invoice issue


    Within Fapiao issue APP, sellers now can:

    • Download digitized e-invoice file (pdf, xml, ofd)

    • The digitized e-invoice flipped from GR/PO would be auto inputted into fapiao scan AR for the automation process.

      • Xml file would be auto attached as the digitized e-invoice ubl document attachment

    • Both buyers and sellers can now input the digitized e-invoice for its validation by uploading xml format file of digitized e-invoice


    Tradeshift App: Pay China Product

    Audience: Sellers, Buyers

    End Users: All users

    Availability: Available by default, no configuration required. Requires Kingxunlian license.



    Buyer-driven AR invoice data auto-capture for connected sellers


    Within the configurator APP, you can now:


    • Apply your data auto-capture rule for fapiao note field from your master branch to all child branches

    • Apply your data auto-capture rule for fapiao note field from your master branch to all child branches connected with seller side AR invoice processing, reducing your sellers manual intervention for AR invoice enrichment


    Tradeshift App: Pay China Product

    Audience: Buyers

    End Users: AP Users

    Availability: Available by default, no configuration required. Requires Kingxunlian license.





    Unified document management for commercial invoice and China VAT Invoice


    China local fapiao manager app is now deprecated and replaced through enhancements in the fapiao scan AP:


    • The fapiao manager APP is not accessible in any environment

    • The local VAT invoice rejection is no longer supported before the VAT invoice got dispatched in fapiao scan AP

    • Document Manager is now the only APP to support the users to view document management process for:

      • Unified commercial and china local VAT invoice document management flow

      • Cost-effective service management

      • Effectively utilize and leverage global document

      • Manager iterated capabilities to support CN platform users.


    Tradeshift App: Pay China Product


    Audience:Buyers

    End Users: AP Users

    Availability: Available by default, no configuration required.


    Automated digitization process to dispatch digitized VAT credit note


    The fapiao scan AR app now supports:

    • Auto input digitized credit note e-invoice xml file into fapiao scan AR APP when the digitized vat credit note is issued successfully via TS

    • Auto sync digitized e-invoice tax status from from fapiao issue APP

    • Auto validate digitized credit note from GTS system

    • Digitized credit note can only be sent to the buyer when its related to a positive amount digitized vat e-invoice already sent to the buyer

    • Auto adopted for 2wm matching process


    Tradeshift App: Pay China Product

    Audience: Sellers

    End Users: All users

    Availability: Available by default, no configuration required.







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