Through mergers, acquisitions and organic growth, companies are faced with more complex supply chains in which to conduct transactions both with external and internal partners. TechStone helps companies:
- Develop single unified platforms in which to send data through their supply chains which reduces costs and complexities that are inherent in organizations with growth
- Provides a platform that enhances business process management and trading partner interactions
- Automate trading partner management by supporting a company’s existing EDI customers and suppliers through standards-based protocols. (These standards include; EDIINT (AS2), ANSI X12, UCS, EDIFACT and others)
Documents such as purchase orders, purchase order requests and invoices can be sent and received via EDIINT, XML or custom formats from Web services in real-time, batched and over the internet. EDI is still the most popular platform for sending financial documents only now more organizations are automating this platform and its processes. Lower cost EDI solutions have limited the value of some of the newer B2B standards. Companies are continuing to look towards extending the value of EDI through EDIINT as well as hybrid solutions.