Qatar’s leading logistics provider GWC has partnered with Tradeshift, a global company in supply chain invoicing systems and marketplace development, to develop cloud-based solutions and fully digitise its procurement, supply chain invoicing, and payment systems.
The new GWC digital supply chain invoicing and payment system is powered by ‘Tradeshift Engage’ and ‘Tradeshift Pay’. These applications provide sellers with a full set of e-invoicing, ordering, and fulfilment tools. “Sellers can easily engage and collaborate with multiple buyers through a single interface that enables real-time issue resolution and early payments with Tradeshift Cash, allowing more transparency and efficiency in managing all purchase orders, invoices, and payments to keep goods flowing and businesses operating.”
The new platform will be integrated into the GWC’s state-of-the-art IT system and within its infrastructure at Logistics Village Qatar (LVQ), the largest logistics hub belonging to the private sector in the region.
Longer term, it will also contribute to the ongoing GWC infrastructure expansion strategy, which includes the new GWC UPS Distribution Center in the Qatar Free Zone and the Al Wukair Logistics Park.
“Investment in advanced technology and digitisation is a cornerstone of our national economic growth strategy in line with Qatar National Vision 2030. The digitisation of our procurement, invoicing, and payment system allows us to enhance efficiency in supply chain and logistics sectors, both essential for sustainable economic growth,” said Hicham Nedjari, GWC’s chief financial officer.
“Tradeshift system integrates seamlessly in our technological infrastructure providing added value to all our partners, and improving the services provided to our customers, enhancing operational and supporting Qatar Digital Government Strategy 2020.”
Rachid Hamouchene, sales director, Tradeshift Qatar said, “We are excited for this partnership with GWC, as it plays an important role in leading the logistics services sector and national supply chains in Qatar and provides the latest technologies for GWC digitisation programme.”
Dan Quinn, general manager, Tradeshift Middle East & Africa Region, added: “At Tradeshift we provide digital solutions with the highest international standards to guarantee financial efficiency and flexibility in supply chain management for all organisations and companies in Qatar across all sectors, contribute to the economic growth and allowing to reach new markets regionally and globally.”