B2B Data Integration and Transformation Blog

*This blog was updated on 2/9/2022

Recent supply chain disruptions have made the business landscape increasingly insistent on proper trading relationships. Consequently, many enterprises are exploring technological solutions to streamline communication with customers and suppliers.

Consistent and reliable B2B connections have significant potential benefits. For example, McKinsey & Company estimates that companies can increase annual revenue and growth by 2.3% and 3.2%, respectively, by digitizing B2B communications.

If you’re progressing along the digital maturity spectrum, now might be the time to consider a comprehensive B2B integration suite. What goes into this decision, and why would it be the right choice for your firm?

Here’s a question for you: how long does it take for you to onboard your supply chain partners? Moreover, is that speed acceptable to you—are you experiencing costly disruptions because the process is taking too long?

Chargebacks are a costly and irritating part of doing business. You’ll see chargebacks when you don’t get a customer’s order correct, or you don’t uphold your end of an SLA. While they’re costly and irritating, chargebacks don’t have to be a necessary part of doing business.

Fifty years ago, the supply chain was simpler: manufacturing was fairly local (if it wasn’t near your business, it was probably at least in the same country), and you weren’t dealing with many supply chain partners. Fast-forward to today, when the supply chain is quite complex due to the fact that many trading partners are distributed across the globe.