Business Network
How to choose the right financial technology partner
Selecting the right financial technology partner is a decision that carries long-lasting implications for banks’ success and future resilience, no matter the size. The dynamic…
The Advance Ship Notice (ASN) — 20/20 Vision
While hindsight may be 20/20, when applied to an enterprise supply chain, it’s not as impactful as foresight. In order to reduce supply chain costs,…
NACHA Global Payments Forum 2013 – a GXS Waltz in Vienna
In a recent announcement GXS highlighted the reasons behind our new membership to the National Automated Clearing House Association’s Global Payment Forum. Last week, I…
AS2 or Traditional EDI – Which is Better?
Companies of all sizes have found significant cost savings by automating high-volume or time-consuming processes—B2B commerce is no exception. Automating the exchange of business documents…
Why You Should Consider AS2
Electronic exchange of B2B commerce documents will help to eliminate errors, minimize processing time, and provide better visibility into your business processes. AS2 (Applicability Statement…
Eight Ways to Mitigate Operational Risk in the Cloud for Financial Services
GXS recently sponsored a webinar titled “Compliance in the Cloud: Raising the Bar in Financial Services.” CEB TowerGroup Senior Research Director Rod Nelsestuen joined me…
How B2B Integration Automates the Procure-to-Pay Cycle for Manufacturing Companies
Large companies in the aerospace, automotive, high tech and industrial manufacturing sector purchase trillions of dollars of goods every year. Most of the purchases consist…
Banking & Web Services: The File is Dead, Long Live the API
Today most, if not all, financial transactions flowing between Banks, Financial Institutions, Corporates, Government agencies, Insurance companies and Securities counterparties are based on files. In…
Benefits of using ASNs (Advanced Shipment Notices)
I continue to be surprised by at how many companies are still not requiring Advanced Shipment Notices (ASNs) from their suppliers. Advanced shipment notices provide…
What Are The 4 Best B2B Models For Your Business?
When your company exchanges business documents electronically with your trading partners – your customers, suppliers, logistics providers and/or banks – one of the decisions you…
To Drop Ship or Not to Drop Ship? That is the Question (to ask Your Suppliers)
For retailers, meeting customer demand no longer relies on how much free space is in your back room. Online shopping has helped retailers open up…
After Abandoning Commerce One, SAP Ends Up Acquiring Ariba
Yesterday, SAP announced its intention to acquire B2B e-commerce vendor, Ariba for $4.3 billion. In addition to its suite of spend management and procure-to-pay applications,…
Why Pay Suppliers on Time?
It is not news that buying on credit (open-account) dominates global trade. The International Chamber of Commerce (ICC) generally acknowledged that at least 80-85% of…
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