How Modernizing Your EDI Maintains Business Continuity
When it comes to keeping pace with competition and being able to deliver the best customer experience, organizations must ensure that their business processes and systems they have in place are up to date and modernized. Legacy systems simply do not have the flexibility that modernized solutions have, and that’s never been more true than when it comes to EDI.
EDI has been and will continue to be a core component of digital business no matter the industry. Companies rely on the standardized data format and processes in order to execute many of their daily B2B transactions. The difference in 2019, however, is that EDI is no longer isolated as it once was.
Today, EDI has evolved to a place where companies must evolve with it, or get left behind.
Maintaining Business Continuity
As enterprises grow and expand their customer base, while that is certainly encouraging, the reality is you must now handle all this added stress on existing systems and processes. Organizations can have an endless amount of customers, but if they are unequipped to deliver the experience those customers expect, quite frankly, they won’t be customers for very long.
Companies that maintain a legacy environment will soon find that rapid growth that they’ve been waiting for has actually put a strain on their business processes and systems. Legacy EDI tools simply cannot scale to onboard new trading partners and accommodate new data loads. This can increasingly lead to outages and downtime. When competitors are offering 99.99%, being able to offer 100% business continuity builds much more trust with your customers and trading partners.
Additionally, legacy EDI tools just do not allow you to do business as quickly as you need. In fact, 64% of supply chain organizations say that it typically takes two to four weeks to onboard just one new trading partner. Imagine if you continue to rely on those legacy tools instead of modernizing your EDI solution, and all of a sudden tomorrow you’ve got to sign 100 new customers?
Manufacturers Need Modern EDI
Manufacturers often have two primary parts to their EDI business – direct transactions with wholesalers, which often integrate with their ERP system, as well as an e-commerce platform for end consumers. But those companies often rely on their tired (very tired) and true legacy EDI gateway and translator, but those have become cumbersome and does not offer the flexibility for integration with other systems and applications that is required today.
A modern EDI solution offers manufacturers the EDI, flat file, protocol, and information integration support that it needs. Additionally, modern EDI offers manufacturers the ability to reduce the time it takes to connect to customers, reduces chargebacks for EDI errors, and increases monitoring and visibility throughout its global ecosystem.
A Modern EDI Solution
Today’s EDI processes enable the reliable flow of digital information that support high-value, revenue-generating business outcomes. EDI modernization isn’t simply supporting EDI and EDI alone. Modernizing is about being flexible, and enabling your business so it can evolve with the changing data dynamics that allow enterprises to successfully participate in their ecosystem.
Modernizing your EDI integration positions your company to take on new business and respond quickly to customer and trading partner requests. The last thing you need is to disrupt your data flow and business processes because your environment isn’t up to date. Here are a few ways a modernized EDI system can enable game-changing business advantages.
Cleo Integration Cloud elevates your EDI integration processes and streamlines your B2B communications. Cleo Integration Cloud helps automate your EDI processes in order to connect, transform, and route your EDI and non-EDI transactions through your ecosystem without piling on the custom code.