We know how integrated approach to B2B or business to business integration was found as a viable alternative to the problem of having different networks which were not standardized and hence had difficulty in communicating amongst each other thus leading to confusion and chaos which affected B2B dealings including import/export and global sourcing. Various B2B or business to business standards exist for solving this problem and these tackle the situation in their own unique ways which ultimately aims to help B2B deals and providing a uniform platform for companies and organizations dealing with import/export procedures and global sourcing deals which involves lot of formalities and paperwork in order to comply with the local, national and international rules and regulations.
In this article we will have a look at one such product which goes by the name of webMethods Trading Networks and which acts as single centralized gateway for various purposes and its features and benefits are discussed below. Such products go a long way in ensuring that B2B or business to business standards are adhered far and wide in the industry, and making it easier for companies to carry out their import/export and global sourcing deals more effectively and efficiently than before.
It supports a large number of B2B or business to business standards and therefore is immensely useful tool for companies involved in activities of import/export and global sourcing. Such integration reduces costs in the long run by saving costs for additional software and skilled personnel for handling each of those software. These savings in cost can be utilized by companies to concentrate on their activities like import/export, global sourcing and other B2B or business to business deals.
It provides complete process management capabilities for users and their partners so that they can model, monitor and manage their business processes with a complete transaction visibility. Such a feature surely boosts B2B or business to business dealings and helps to improve dealings of all sorts including import/export and global sourcing. Such a feature leads to improved customer satisfaction as well as partner satisfaction which is immensely useful for the companies involved in such B2B or business to business deals including their import/export and global sourcing activities
It provides a robust EDI support which was a technology used prior to the advent of B2B or business to business concept and therefore is useful for companies in their import/export and global sourcing work. Thus the company can fully harmonize their functioning with partners who still use EDI for their B2B or business to business processes, and the process of import/export and global sourcing can be carried out unhindered by carrying out such integration and tools.