Rochelle Cohen

In my blog, Six Pitfalls to Avoid When EDI-Enabling Your Suppliers – PART 2, the sixth pitfall I highlighted was “Insufficient planning for supplier communications.” As part of your supplier communications plan, you will need to send a series of communications, most likely in the form of emails.  Preparing complete, well-thought-out email templates for communication […]

Read More»
Klaus Schritt

Historically the usage of ISO 15022 and ISO 20022 formats has been driven by financial institutions and therefore used for their business transactions. As it comes to Corporate-to-Bank transactions, corporates are demanding bank-agnostic standard formats for all business transactions. This helps to automate financial processes within their ERP systems. Financial institutions are being forced by […]

Read More»
Rochelle Cohen

In this blog, I’ll continue by sharing some more common mistakes I’ve seen companies make when onboarding suppliers. I’ll also discuss some of the ways that you can avoid them.  If you missed part 1 of this series, you can find it here:  Pitfalls to Avoid When EDI-Enabling Your Suppliers – PART 1.  And here’s a […]

Read More»
Jerome Tillier

The Digital Enterprise. A buzzword trending a lot in financial services in 2014, but what is it all about? According to many, the Digital Enterprise is an organization that uses technology as a competitive advantage in both its internal and external operations. At OpenText GXS we recently identified three trends developing across wholesale banking that […]

Read More»
Rochelle Cohen

If you’re like most companies that have initiated EDI programs – maybe as part of wider strategic initiatives to cut costs, improve productivity and obtain real-time visibility – you are likely to have been successful in connecting electronically with most of your largest suppliers. But, you may be finding it more of a struggle to […]

Read More»
Jerome Tillier

Differentiate or die. This is a key business and marketing principle. This provocative phrase reminds us that the Natural Laws also have very real implications, outside of physics, in the world of business. At OpenText GXS, we have identified five basic rules that will put Banks and Financial Institutions on a path to differentiation. This […]

Read More»
Mark Morley

Well put simply one is still doing the same thing they were doing more than forty five years ago and the other has evolved into something very different, but which is which?  When I was a child, my parents were constantly playing Van Morrison music in the background whilst I was trying to build intricate […]

Read More»
Rochelle Cohen

The writing on the wall is clear – tablets and smartphones are becoming ubiquitous and increasingly leveraged as critical business tools.  EDI is the foundation of business-to-business e-commerce (B2B), so it was inevitable that a combination of mobile devices and EDI would be something that companies would start to consider.  After all, there are many […]

Read More»
Mark Morley

Two weeks ago I was on a Eurostar train bound for Brussels. I was attending the 122nd EDIFICE plenary, a high tech industry association that GXS™ has been involved with for more than 25 years.  EDIFICE works with leading high tech companies to develop best practices and new standards for deploying B2B solutions and services […]

Read More»
Rochelle Cohen

There are lots of different terms used to describe B2B process automation. I am often told that the terms are confusing, partly because they are so inter-related, so, I thought this would make a useful blog.  Here’s my take on the meanings of these terms.  I hope that this provides clarification for you. First, electronic […]

Read More»
Greg Horton

In any typical trading community profile – where there’s a mix of large, medium and small trading partners – the 80/ 20 rule usually applies. 80% of the business is conducted with 20% of the trading partners. These trading partners are typically those that have already adopted electronic commerce and trading is usually done via […]

Read More»
Steve Keifer

The concept of growth hacking is a relatively simple one.  I define it as a strategy to build features into your product (or customer experience) that creates exponential, viral growth.  In other words, companies “hack” the revenue curve by overcoming the obstacles that businesses usually confront when attempting to accelerate growth.  Experts credit the rapid […]

Read More»
Rochelle Cohen

EDI has been successfully adopted as the means to automate the exchange of business data, but this data can, of course, contain errors, such as incorrect order numbers, bad zip/postal codes, bad dates, etc. Also, some of your business partners may not be following your process rules, such as the timeframe within which an Advance […]

Read More»
Rochelle Cohen

Any methodology that enables the computer-to-computer exchange of business documents falls under the heading of Electronic Data Interchange (EDI). There are two basic approaches to EDI.  The first approach is to create business documents that adhere to one of the EDI standards such as ANSI X12, which is primarily used in the United States, or […]

Read More»
Steve Keifer

In the movie the 40-Year Old Virgin, Jonah Hill’s character walks into a store named “We Sell Your Stuff on eBay.”  He discovers a stylish pair of Silver-Glitter Goldfish boots and walks to the counter to purchase them.  But the clerk (Catherine Keener) tells him that he has to make the purchase online (at eBay).  […]

Related Posts Plugin for WordPress, Blogger... Read More»