Benefits of Modernizing your B2B/EDI Platform with Boomi
- July 12, 2024
- Posted by: Aanchal Iyer
- Category: Uncategorized
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Introduction
Having seamless connectivity is crucial to any business in today’s day and age. Organizations are rapidly transforming from siloed applications to an integrated ecosystem by migrating to the cloud. However, IT teams are facing the brunt as they are trying to integrate various data sources, and different file formats while trying to comply with the industry standards.
For businesses to collaborate effectively with partners, they have to go through a plethora of data exchanges before they can finalize a deal. Electronic communication works much better as opposed to the conventional paper exchange and that is where Boomi’s Integration Platform as a Service iPaaS comes into the picture.
What is EDI Modernization and What are the Benefits?
We already know that EDI helps your business with seamless document exchanges without having to invest in new servers or expensive hardware. However, modern EDIs help businesses move B2B integrations beyond hardwired value-added networks (VANs), leverage automated processes, and save more on costs. Other business benefits are:
- Simplified and automated connection between EDI and non-EDI vendors.
- Transformation and data mapping across different formats.
- Real-time synchronous and asynchronous transactions.
- Extensive transparency in analytics and visibility for improved operations.
Boomi’s B2B/EDI iPaaS is a renowned option, that ensures efficient business processes and better adherence to EDI protocols, that follow a more nuanced approach.
Boomi’s B2B EDI management platform – An Excellent Choice for your Business
Boomi has enhanced its EDI management features to ease and simplify the process of how organizations expand their trading partner networks:
Augmenting Operational Agility among Business Users
With Boomi, users can add, delete, or modify specific sections of an EDI configuration to resolve business requirements in a better manner. This has improved the overall business agility and responsiveness.
Reusable Components
Boomi users can reuse EDI components to achieve higher flexibility, minimize duplication, and simplify updates. Organizations running numerous lines of business or operating under a merger or acquisition model can leverage this feature.
Reporting Portal
Authorized users are provided access to crucial EDI documents in the new Boomi portal. The platform has filters to track materials or documents within a document’s lifecycle. The filters comprise key numbers, customer numbers, PO numbers, and more.
Trading Partner Management UI
The interface designs a comprehensive picture of diverse trading partner elements, easing the process of detecting, configuring, and deploying changes for the partners.
Multiple Trading Partners Process Support
Organizations have the choice to add their profiles for every standard in the trading partner element and be assured of its accurate utilization.
Accelerated Value-Added Network (VAN) Support
Boomi has shifted focus on VANs and hosted multiple services serving as intermediaries between business partners exchanging proprietary data through shared processes. This improvement has enhanced its support initiatives for VAN integration. Now, one process leverages different VANs.
Assistance for Global EDI Standards
Boomi’s standard compliance feature has enhanced the prevailing structure.
Aretove is a Boomi Partner with expertise in implementing and managing Boomi platform services. For more information about the same click here.
Advantages of Modernizing your B2B/EDI Network
The following are the main benefits of modernizing your B2B/EDI Network:
- Support for Key EDI Standards: Achieve built-in support for a wide variety of traditional and modern EDI standards, including X12, XML, HC7, EDIFACT, Tradacoms, RosettaNet, and the ability to define custom standards.
- Industry Standard Connectivity: Support for the full range of trading partner communications — AS2 (Drummond certified), FTP/Secure FTP, or Web Services using HTML or SOAP.
- Management of Trading Partner Framework: Set up and manage all trading partner components from one console to quickly detect, configure, and deploy changes for partner communications.
- Integrated View of Partner Network Transactions: Easily create detailed reports for any of your EDI transactions to ease tracking, error resolution, and reconciliation.
- Rapid Partner On-Boarding: Bring new partners into your network through the Boomi AtomSphere Platform, eliminate data errors, and minimize onboarding time from weeks to hours.
Tips for Modernizing your B2B processes
Following are the tips in mind to ensure a successful B2B platform and process modernization:
- Brainstorm with the team on how to optimize the B2B process to offer a better customer experience/user design learning approach.
- Select one area to pilot, for example, the supplier for a new product.
- We recommend that you start with a simple approach B2B-EDI to avoid the risks of business interruptions.
- Ensure to map the value streams; keep track of the time for each activity and begin optimizing the most time-consuming tasks.
- Discuss what can be changed and brainstorm alternatives, such as deploying the Boomi Flow and chatbots to associate with the partner ecosystem.
- Choose Boomi as your B2B platform and leverage Aretove’s B2B/EDI, API, data transformation, and workflow automation, experts to minimize your total cost of ownership and prepare for the next set of business challenges.
- Keep an eye on the latest B2B innovations.
Wrapping Up
Modernizing your B2B/EDI platform with Boomi is not just an upgrade — but a strategic transformation that allows you to leverage your business to thrive in a competitive and dynamic environment. With Boomi’s advanced integration capabilities, scalability, automation, and data security, you can unlock a host of benefits to scale and drive growth, efficiency, and innovation. Do not let siloed systems hold you back. Embrace the future with Boomi and propel your business to new heights.
Aretove boasts of a strong partnership and implementation experience with Boomi, providing key technologies that support IT modernization. Our experience along with Boomi’s innovative cloud-native platform, offers increased value, and a low total cost of ownership; thus, ensuring better, faster outcomes, for all our customers. Choosing Aretove for modernizing your B2B/EDI platform with Boomi is a decision that ensures success, innovation, and growth for your business. Contact us today to begin your modernization journey with Boomi and Aretove.