Case Study: Schaeffler achieves automated accounts payable and rapid supplier adoption with Tradeshift

Schaeffler - Customer Case Study

Schaeffler, a global automotive and industrial supplier, faced the dual challenge of industry disruption and the need to modernize its finance operations. Stefan Bauerreis, CFO Europe, had already digitized invoice entry with OCR but wanted to push accounts payable further—without imposing costs on suppliers—so supplier adoption and a scalable, transparent e-invoicing solution became critical success factors.

After a market review and vendor shortlist, Schaeffler chose Tradeshift for its flexibility and supplier-friendly model. Within a year about 25% of invoices flowed through the platform, with 80 integrated suppliers and a target of over 50% in three years; the rollout also enabled a planned supplier financing program to improve liquidity and optimize working capital, while freeing finance staff from transactional work to focus on higher‑value tasks.

Schaeffler

Stefan Bauerreis

CFO