JP Morgan shuts down Xign; Tradeshift offers better dynamic discounting alternative

November 24, 2013  |  Electronic Invoicing, Payment

JP Morgan shuts down Xign; Tradeshift offers better dynamic discounting alternativeAfter the JPMorgan Chase decision to shutt down its Xign business unit, Tradeshift has formulated an dynamic discounting alternative. JPMorgan Chase bought Xign in 2007 but was not succesfull to add new customers to Xign’s dynamic discounting service.

Due to the end of Xign, the current customers that rely on Xign will have to find other solutions or shut down their dynamic discounting programs that rely on the Xign application.Thankfully Tradeshift has made this offer and landig page for these former Xign users.

Tradeshift offers these featured to Xign users:

  • Electronic Invoicing
  • Purchase Orders
  • Collaborative,customizable workflow
  • Payments
  • Discounts
  • Supply Chain Financing
  • Supplier Onboarding

With these enhancements compared to the Xign offer:

  • Free to Suppliers
  • Mobile invoice creation, collaboration and approval
  • Flexible platform with Apps tailored for your business
  • Enables global compliance -even in Latin America

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