Legacy EDI networks were characterized by specialty hardware and value-added networks to enable the exchange of structured data for business commerce. Participants were predominantly large businesses, and only a small number of suppliers on average could be enabled for e-business
Today's next generation of business commerce networks is leveraging the Internet, and embracing businesses large and small. The opportunity to accommodate different file submission formats—including electronic files direct from billing systems, web forms and our own PO-Flip® service functionality—is contributing to this "democratization" of B2B commerce.
Case in point: Nike supplier Big Giant. A first reaction to the request for electronic invoicing was dread. That changed quickly once Big Giant discovered how easy it was to participate, and how valuable it was to receive the scheduled payment date via email. Click here to read more about how e-invoicing is helping this supplier.
And forward the link to those who doubt that a business commerce network can effectively serve the small business.