At the heart of all supply chain processes - from sourcing, to procurement, to payment and claim settlement - is data. Each trading partner has their own product catalogs with unique naming and numbering conventions as well as different formats and methods for sharing this data with their trading partners. For transaction data such as orders, invoices and claims, these challenges can result in inaccurate orders, increased reconciliation time, and extended payable cycles.
When using this data for analytics, you must first make sense of it so that you can drive strategic business decisions from it. Given the monumental effort required to do this - many companies simply don't have the resources to take on this task so they hope for the best by fueling their business systems with this error prone data.
ITN provides the unique ability to automate the collection and standardization of key trading partner data. This data is then enhanced with key attributes from ITN's proprietary industry master, and fed into a comprehensive data warehouse. Whether through our self-service data synchronization solution or our service-based approach, customers can use this actionable information to power their own enterprise applications. Customers, can also leverage ITN's powerful web-based analytics and business process solutions to analyze and act on information through direct collaboration with trading partners.
To find out what we can do for your business, contact your nearest office by clicking here.
Webinar: Improve Compliance, Drive Sales
November 21st, 2008
Sales Insight helps identify compliance issues and provides the information needed for follow-through. >Click here to view a recording