OpenProcurement vs Tradeshift

OpenProcurement is a free, open-source toolkit for procuring goods and services by public authorities or private entities. It combines a Business Process Management engine, central database, API and auction module. Frontend platforms such as eMalls and marketplaces connect through the API, allowing systems built with different programming languages or technologies to interoperate with the central database. The e-Auction module supports English, reverse, multivariable and insider auctions based on a Dutch auction. Data follows Open Contracting Data Standards and uses an open-data approach, publishing information that applicable law allows to be disclosed. The toolkit is built with Python, Pyramid, AngularJS, Bootstrap, Flask, CouchDB and PouchDB. Its central database and auction module can be hosted on AWS, with SS3-compatible object storage such as OpenStack Swift required. The database does not store registered users’ authorization data, leaving account protection to the web platform or operator. OpenProcurement is designed without limits on database size or procurement count, and components can be combined or used separately in commercial solutions.

Tradeshift's cloud platform automates accounts payable, e-invoicing, compliance, and clearance for buyers and suppliers. Its AP tools capture and digitize invoices, extract and validate data, match purchase orders, route approvals, and provide dashboards. The modular Procure to Pay platform automates purchasing workflows and connects with suppliers and customers. Configurable AI can handle invoice coding, workflow management, and purchase order matching. The AP solution offers a REST API and standard connectors for SAP ECC 6.0, SAP S4/HANA, Oracle eBusiness Suite, and Oracle Fusion. Tradeshift lists ISO 27001, SOC 1 Type II, SOC 2 Type II, and ISAE 3402 among its security accreditations. Its described practices include least-privilege access, secure code review and scanning, vulnerability testing, incident response, and daily backups. AP customers can access Tradeshift University and 365-day support after setup. Tradeshift says it serves large and mid-sized companies and covers e-invoicing compliance in 70 countries. Sellers receive customer support without additional charges for heavy support use. The first 30 invoices per quarter are free; higher seller tiers charge per transaction, with custom pricing above 15,000 quarterly transactions.