Moving Integration and Interactions Forward in the Era of Digital Business

Don’t let aging technologies hold you back
Reliable, secure and fast exchange of data is the foundation for core business processes across industries, order-to-cash and source-to-settlement in the supply chain, claims processing in healthcare, and high-volume payments processing in financial services, to name just a few.

While EDI (Electronic Data Interchange) is still the plodding workhorse for many of these partner interactions, and established B2B integration technologies may seem “good enough” for now, neither has the speed or the agility required to innovate and succeed in the new era of digital business.

As technology continues to advance, your company’s ability to interact personally, directly and in real time with your consumers and business partners is becoming not only limitless, but essential. This evolution will require a next-generation B2B solution for fully optimized data transactions that can reach from your partners, through the edge of your enterprise and ultimately to the core systems and applications that drive your business.

Why do you need to evolve your existing B2B/EDI strategy?
In the past, cost-reduction and revenue-growth initiatives focused on automating business processes to reduce errors and speed transactions. But things are different now. While driving efficiencies into business processes to deliver goods and/or services faster and cheaper is still necessary, it is no longer sufficient.

Your customers and partners expect instant data processing, access to accurate information at their fingertips through mobile applications, and 100% compliance with both SLAs and regulatory requirements. This means you need to be more agile, responsive and innovative, so you can meet new customer demands, create “sticky” digital relationships that boost loyalty and sales, and keep pace with your digital- savvy competitors.

To determine if you need to evolve your B2B and EDI strategies for the era of digital business, ask yourself:

• Does my current B2B integration vendor still support (or have the expertise available to support) my existing solution?

• Can my B2B and EDI infrastructure meet new customer demands and higher expectations?

• Can I leverage cloud-based technologies and provide mobile access to real-time information and transactions?

• Do I need to digitize business processes in order to take my business to the next level?

Axway 5 Suite for B2B & EDI Integration
According to Forrester, even though 74% of surveyed executives have a digital strategy, only 19% believe they have the right technology in place to execute their plan. Axway 5 Suite provides the agility, speed and innovative capabilities you need to meet the digital business demands of your global trading partners…customers and suppliers or payors and providers, by evolving your existing B2B/EDI infrastructure through:

Legacy replacement
Establish simple and secure collaboration processes and eliminate the negative impacts of outdated B2B integration technologies to improve operational efficiency, scale to capitalize on new revenue opportunities, and meet modern data flow governance, compliance and operational intelligence objectives.

Hybrid B2B
Deploy Axway 5 Suite in the cloud, on premise or in a hybrid cloud/on-premise environment to quickly and seamlessly integrate existing data exchange processes with cloud-based services and applications like CRM and ERP systems.

B2B compliance
Prevent SLA penalties with enhanced business continuity; meet industry and partner requirements with support for AS42 and dozens of other interoperability standards and protocols; and use detailed reporting and audit capabilities to monitor and demonstrate compliance with HIPAA, SOX, PCI, GLBA, FISMA and other regulations.

Digital B2B
Combine traditional EDI with new API-centric interactions to enable the innovation your customers expect, including end-to-end integration, accessibility and visibility for information exchanges across cloud, mobile and partner channels (multi-channel B2B).

Are you ready to take your B2B/EDI strategy to the next level? Axway can help.
To adapt and grow in the digital economy, you need to be able to integrate, secure, manage and measure all of the data flows, new and old, that drive your business processes and interactions, both inside your organization and beyond your firewall.

Axway is positioned as a Leader and Disruptive Innovator in the IDC MarketScape report in the B2B Integration Gateway Software market, and is the only vendor that was able to demonstrate API management capabilities in its suite of B2B products.

Related: Helping Organizations Manage and Govern Complex Data Flows between Business Partners