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EDI and Invoice Automation Solutions: Accelerating Payment Cycles

In today’s technology driven world, the expectations of vendors and customers are high. Strategic innovation and optimization of business processes are required to achieve future success. That’s why companies are faced with increasing pressures to accelerate payment cycles with EDI and invoice automation solutions. Most have already introduced ERP systems to automate their repetitive administrative tasks. Eighty percent are yet…

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E-Invoicing: Eliminating Paper in Procurement

Are you looking to improve sustainability in your procurement process? Reducing paper use is the easiest way to do it. It is a win-win situation for companies. Paper invoices do not only destroy trees, but also create problems in organizations by decreasing visibility. As a result, you experience inefficiencies and increased transactions costs. By eliminating paper in your procurement process…

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Advantages of Receiving and Sending E-invoices

Electronic invoicing also known as e-invoicing is a form of electronic billing. It is used by trading partners to present and monitor transactional documents and make sure that the terms of trading agreement are being met. An electronic invoice or e-invoices, on the other hand, is an invoice document shared between suppliers and buyers in an electronic format. It is…

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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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Save Time and Increase your Business Value with EDI Solutions

When you are a business owner, you can waste your precious time when you are bombarded with invoices, process orders, do too many of the little tasks, and many more. You need to be a master of your time, focus on mental work and leave the manual work to technology. EDI solutions promote time efficiencies, along with improved data accuracy,…

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The Major Trends in Warehouse Inventory Management for 2017

In this changing industry, you need to address the slowing and outdated processes in order to survive and compete against your competitors. That’s why you need to adopt and refine trends in warehouse inventory management. It helps you meet the growing logistical challenges that are affecting  customers’ satisfaction levels and your company’s bottom line. Warehouse management is becoming more complex…

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EDI Solutions or B2B ecommerce Solutions: Which Should You Choose?

Nowadays, B2B companies are encouraged to adopt ecommerce to drive down the cost of customer interaction. Traditionally, they use Electronic Data Interchange (EDI) but recently another option comes to light – B2B ecommerce. Both systems process orders digitally. So, what exactly is the difference between the two of them? If you are looking to add one or the other, read…

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