Modern Business Integration – Leveraging Digital Assets to Gain Competitive Advantage
Modern business integration involves more than just integrating different systems. It’s about aligning the appropriate data and technology to deliver better, more efficient processes that meet your business’s requirements and growth goals. It’s about making the most of your digital assets and providing your business with an advantage in competition.
Many mid-sized, small and enterprise-level companies have IT systems that are a mix of software applications for specific tasks that aren’t able to communicate with each other. This is particularly relevant when businesses adopt solutions like accounting software, supply chain management and inventory tracking software that all handle their own unique set of tasks. The result is a lot of duplicate data in various systems that no longer communicate with each other.
These are the reasons why enterprises need to use business integration tools and technologies to ensure the exchange of data with trading partners is safe and secure. These solutions must provide an array of communication protocols, and accommodate the specific formats required by each trading partner’s industry or location.
The best B2B integration tools can help businesses simplify EDI data flows and application data flows across multiple disparate systems and put them on one platform, with the ability to manage and monitor data flows which help to reduce cost. This is how companies can gain a competitive advantage by improving data directory quality, efficiency and visibility into supply chain processes across their trading partners‘ networks. Business integration isn’t just about B2B communication; it is about providing a trading partner experience which is focused on the bottom line.