Yesterday, Tradeshift introduced CloudScan, a product that brings invoicing online by removing the need to manually input invoices:

“Tradeshift CloudScan users can provide suppliers with a unique email address through which any document received is automatically converted into Tradeshift’s open digital format and appears seamlessly on the e-invoicing platform. By crowd-sourcing the validation of this data, businesses eliminate the process of laborious manual entry, while suppliers are paid more quickly than through conventional and sluggish approval processes.”

CloudScan is free for suppliers and will launch in Spring of 2012.

To learn more about Tradeshift, watch its FinovateEurope 2012 demo (coming soon to Finovate.com).