EDI Modernization: Five Decision Factors
EDI (Electronic Data Interchange) modernization refers to the process of extending business-to-business (B2B) integration and automation capabilities beyond classic EDI, in support of modern business requirements.
Modern B2B integration reflects changes in the way companies are connecting, automating business processes, and exchanging data. Its value lies in expanding integration capabilities while reducing the cost and complexity of partner onboarding and operations. Classic EDI remains essential, but is no longer able to fully satisfy modern business-to-business integration needs. Five questions to consider:
- How do a business’s value network and role drive B2B integration priorities?
- What additional requirements apply to businesses that are large, fast-growing, or complex?
- How can integration capabilities and assets be leveraged to increase value?
- What factors apply when deciding to outsource infrastructure, trading partner onboarding, operations, and / or other services?
- What strategies and trade-offs apply when adopting a new B2B integration solution?
By answering the five questions, any business can identify and prioritize its modernization objectives and create an action plan to realize them. This paper offers a roadmap and methodology for achieving that outcome.