Enterprises across the globe are facing massive changes in technology landscape and finding new ways for bringing together differentiated technologies to collaborate with partners networks. Today, staying ahead of the curve requires better means to invite & onboard partners, manage business network and processes, and create robust data connectivity workflows. However, all this can’t be achieved by only updating the Information Technology (IT). Organizations need to consider a fully optimized and value-added IT. To address these needs, Adeptia offers a radical new approach for simplifying partner data exchange and accelerating revenue.
Time Intensive: Integrating applications with custom coding consumes a lot of time and efforts. Businesses lose valuable time while maintaining, implementing, and managing projects. Traditional integration approaches don’t provide support to ubiquitous, agile and adaptive nature of projects.
IT Expertise is Required at Both Sides of Integration: End-to-end business process integration requires skilled IT resources at both organization and customer end. The integration cost further increases when developer teams are hired to manage integrations across different boundaries.
Meetings to Exchange Data: Business partners have to consider a lot of IT constraints for manually integrating different applications. Organizations need to think about data formats, protocols and security credentials for electronic data interchange in line with trading partners’ capabilities and exact business requirements.
Doesn’t Drive Innovation: It takes over 4 to 8 months of time to onboard customers with manual integration. Moreover, the created workflows cannot be reused and don’t provide new ways of working for data exchange with other companies.
An API driven integration approach is cumbersome and primarily built for IT developers. Integrating applications and processes with this approach requires specialized skills and expertise. More importantly, setting up connections this way can be expensive.
It is a siloed B2B approach which has high operational cost and expense ratio. For responding to minor business changes and managing B2B processes organizations need to rely heavily on IT teams. As a result, businesses become difficult to business with and vulnerable to technology changes.
Experts recommend an integration architecture based on self-service citizen architecture which automates connections for partner data exchange. This resonates in Gartner’s report as well which heavily recommends companies to embrace citizen integration tools which promise agility and efficiency.
Adeptia offers a turnkey web-based integration solution for integrating trading partner processes, building maps and managed file service. The solution is successfully helping leading organizations in aligning IT with their business goals. Here are some core features of the approach:
Self Service Ability: The solution enables normal business users to create templates for exchanging data, checking the status of transactions, getting notifications, accessing dashboards, and correcting erroneous data. A user can centrally manage all data exchanges from one central place get real time visibility. This unique ability reduces the exception handling cost by 80%. This allows organizations to extend and customize services for less tech-savvy partners.
Hub & Spoke Model: The approach is based on a Hub & Spoke model to help companies with process orchestration, data mapping, data validation and correlation, business rule mediation, managed file transfer and related BPM services. The tool enables an organization to function like a hub which other partners or spokes can subscribe in simple steps. This model reduces onboarding cost by nearly 80%.
Improved Business Outcomes: Manual method for Electronic Data Interchange (EDI) has a significant amount of cost associated with it. The average cost of creating workflow per partner stands at around $20 and Adeptia’s enterprise-class solution pulls down this expense to few cents. Advance controls help businesses in building a robust model that makes them easier to do business with. The customers have also more options for messaging formats, placing orders, and sending requests.
Faster Time to Revenue: Manual integration projects take huge time in building trading partner networks. Manual integration consumes 4 to 8 months for just one integration and Adeptia adds over 600 partners in far less time and resources. Adeptia offers shared connections to create thousands of connections to enable processes to move faster and smoother. Organizations can fulfill orders faster and achieve faster time to revenue.
Business running on Adeptia are known for reliability to collaborate effectively with partners. The solution is also helping organization to respond faster to market dynamics with reduced cost & risk. Adeptia offers connectivity solutions which are tailored to your needs. View the recorded version of this Webinar to know more about our capabilities.