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IoT and Its Effect on Small Businesses

The Internet of Things (IoT) is cast to impact our work and lives as the number of connected devices increases. As it expands, its effect on small business becomes more apparent. In the coming years, many business opportunities will be created as we welcome a more connected world. In the next few years, small businesses will be the major adopters…

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E-invoicing: The Best Way to Succeed in a Competitive Environment

E-invoicing is used by trading partners to present and monitor transactional documents and ensure that the terms of the trading agreement are being met. In this context, trading partners include customers, suppliers and vendors. It provides customers with convenience, accuracy and speed when managing their order-to-cash process so businesses can increase the level of their customers’ satisfaction. If you have…

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How to Improve Your Data Security in the Age of the Internet of Things

Data security is critical to businesses. It is hard to replace client information, bank account details, payment information, and personal files. It is also dangerous if they fall to the wrong hands. While data loss caused by natural disasters is devastating, losing them to hackers and malwares have much greater consequences. The Internet of Things offers tremendous opportunities for businesses….

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B2B eCommerce Changes Supply Chain Management and Operations

B2B ecommerce is short for business to business electronic commerce. It refers to the selling of products and services between businesses through an online sales portal. Basically, a business makes its client’s business thrive by directing all its resources to make processes simpler and faster – to boost efficiency, productivity, and profitability. It requires a blend of design, user experience,…

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Blockchain Revolution: Can It Solve Security Problems?

There has been a great discussion about the potential of the blockchain as a distributed ledger and as a secure solution for small and large business transactions. Some visionaries see the technology as revolutionary as the Internet itself, but others are restrained by its legal and compliance frameworks. The blockchain has a potential to become an important tool in building…

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Go Digital with Supply Chain Solutions

Supply chain solutions use digital technologies that help small and medium businesses perform better and faster along the link of their value chains. They enable end-to-end supply chain visibility, execution and optimization by leveraging, learning from, and interacting with data. By getting supply chain data to the right people in real-time and at the point where value occurs, customers know…

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EDI Solutions Survive Exaggerated Rumored Death

Despite the emergence of web-based standards, Electronic Data Interchange (EDI) continues to thrive in the market because of one clear reason – it works! Many companies have invested in EDI solutions in the past years. Although it may have been a bumpy journey to get it up and running, now it works. EDI solutions have been primarily used by automotive…

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How to Select the Best EDI Solutions for Small Business

Many companies strive to remain lean and reduce costs. They need to collect data and communicate information in real-time to match the supply and demand efficiently. This is where EDI solutions for small business are proving their worth. They help businesses share information quickly and accurately within the enterprise, and across the supply chain. However, there are various EDI solutions…

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