While originally implemented to solve problems and save money – outdated legacy B2B integration systems now create problems and waste money.
When integration systems first came out ─ they were a major hit. They made it possible for companies to connect with customers, vendors, financial institutions and other business partners efficiently.
Unfortunately, the increasing number of expansions, mergers and acquisitions in today’s global corporate world is rapidly causing those standalone, site-specific B2B integration systems to become obsolete. What once was revolutionary is now holding many companies back.
Outdated B2B architecture is no longer competitive
Companies with many standalone solutions are quickly losing ground in today’s dynamic and competitive environment. Organizations worldwide are coming to the conclusion that old, complex B2B platforms are reducing their ability to remain competitive. These legacy systems:
- Require manual intervention
- Need constant monitoring and maintenance
- Hinder the efficient flow of data
- Are expensive and prone to errors
A Forrester study of EDI and B2B applications found that 80 percent of IT managers planned to consolidate their B2B systems over the coming year. The researchers also concluded that B2B integration is a vital component of customer service. Automated supplier communication is essential if orders are to be processed quickly ─ and clearly ─ companies with flexible, innovative systems have the advantage.
Need for B2B consolidation reaches urgent levels
While most companies are aware of the problems caused by disparate B2B technologies, many are simply biding their time when it comes to consolidation. What they often don’t realize is a “wait it out” mentality is costing them dearly. They’re losing money and the ability to remain competitive.
An AMR Research International study of ERP and B2B integration found that 47 percent of companies increased their B2B capacity as a result of projects like introducing SAP ERP or migrating data from a legacy SAP system. But many of these companies are failing to adequately prepare for the changes.
They tend to underestimate the time, resources and other requirements involved in B2B consolidation, and fail to carry out adequate testing before introducing ERP. Poor B2B connectivity can have serious consequences like the loss of production.
Advantages of progressive B2B solutions
Let’s break it down. The biggest costs of outdated B2B systems to your business are:
- Server operations
- Human resources
That’s where consolidation comes in. Consolidating existing EDI and B2B solutions onto a single platform is the ideal way to save money by eliminating the need for human intervention and maintenance, and minimizing software and power supply costs. A progressive B2B solution will not only save you money, but will support your needs as your business grows and evolves.
It will also allow you to integrate easily with applications like CRM and partner ERP systems, as well as advance to the highest level of secure enterprise file transfer ─ Managed File Transfer (MFT) ─ which provides comprehensive control of the file transfer process.
Taking the risk out of system modernization
Companies must consider a number of factors to prevent problems when they’re ready to take the next step and consolidate and modernize their B2B landscape. That’s why it’s critical to ensure that the chosen solution provider offers not only the best integration technology ─ but also in-depth knowledge of commercial and logistical processes. SEEBURGER has a seven-point plan to ensure successful migration to a modern B2B platform.
B2B integration solutions differ widely in the number of formats they can handle. The more trusted and stable the offering, the greater the depth of process integration and the greater the breadth of communication media. The chosen solution should also follow a holistic B2B strategy.
Leading B2B suppliers also offer reliable analysis tools in order to prevent problems before they happen. When the right supplier is selected, companies can rest assured that data will be transferred safely and cost effectively. Then consolidation and modernization can begin taking their business to the next level.
For more information, visit www.seeburger.com