While EDIs have facilitated B2B Integration scenarios to efficiently and securely communicate with all the members of their business ecosystem such as customers, suppliers and vendors, including trading partners, the decades' old technology has its limitations. Specifically, when it comes to legacy EDI systems to integrate with cloud-based applications and expediting the trading partner onboarding through integrating with their business ecosystems. The need of the hour is to have a modern integration platform which can help in EDI cloud integration. EDIs for years have been fueling businesses growth and efficiency, let’s see how a modern integration platform could help in improving your EDI and B2B integration strategy.
Traditionally, though having EDIs is an expensive investment, once implemented it results in cost savings. According to research from GS1 UK - A major American company reported a reduction in its order processing costs from $38/order to $1.35/order with EDI. While using EDI is a lucrative proposition but maintaining legacy EDIs can result in high costs. This is mainly because when more trading partners get added to the business ecosystem, an enterprise needs to add additional resources and infrastructure to get the data from systems that are decades old and connect them to newer technologies/systems. It needs a significant amount of investments to keep the legacy EDIs up and running and coping with the modern requirements. A modern integration platform like DXchange EDI Gateway can easily scale up to support any amount of data integration along with high volume and without IT teams needing to purchase new hardware and software.
The movement to the cloud-based environment has seen unprecedented growth and EDIs were made to run on-premise behind the corporate firewall. EDI's contain crucial business data which needs to be integrated with the SaaS apps such as CRM tools, ERPs etc. In other words, they need to support cloud connectivity. Otherwise, businesses would lose out on workflow automation and operational efficiencies. An EDI Gateway can help in integrating EDI Systems with Enterprise Applications, SaaS hosted on the cloud and on-premises for business reliability, visibility and extensibility.
Any disruption to an EDI can have ramifications for an enterprise supply chain. Legacy EDI is hosted on-prem without any disaster recovery plan or backup. A downtime in EDI can slow down a partner onboarding process and impacts supplier management. A cloud-native hybrid integration platform which is built in a cloud provides secure EDI transactions and provides real-time availability of the data to support business operations 24*7.
Moreover, on the expertise side, EDIs require frequent customizations to suit multiple trading partners requirements. Enterprises need to maintain a pool of available EDI specialists to drive upgrades and improvements. A cloud EDI Gateway with a drag and drop interface can help even an LoB user to quickly build EDI connections without any interventions from EDI experts. All this comes with security, safety and makes sure the EDI system remains updated with the latest requirements.
DXchange Integration Cloud for EDI
The pursuit of digital transformation has led enterprises taking integration as a strategic area of concern. DXchange Integration Cloud completely modernizes EDI Gateway, thus allowing enterprises extensibility to integrate EDI Systems with Enterprise Applications, SaaS hosted on cloud and on-premises. The hybrid connectivity offered by DXchange lets an enterprise to inch closer towards achieving agile supply chains and to become proactive rather than being reactive.
Looking for an EDI cloud integration solution? Book a demo for DXchange Integration Cloud and see how a modern approach to EDI and B2B integration could create positive outcomes for your business.