Every June 27th, we celebrate Micro, Small, and Medium Enterprises (MSMEs) on MSME Day. These businesses are the backbone of our economy, driving innovation, creating jobs, and fostering vibrant communities.   At OpenText, we recognize the unique challenges faced by MSMEs. Often, MSMEs lack the resources of larger corporations, yet they need enterprise level integration to compete in the global marketplace. This is why we at OpenText continue to develop easy EDI integration solutions that are both affordable and flexible to the needs of MSMEs.   What is MSME Day?  In ..read more

In the face of pervasive supply chain disruption, including the COVID-19 pandemic, businesses of all sizes have been forced to adapt quickly and find new ways to operate more efficiently. While this has spurred increased investment in B2B integration overall, it’s notable that smaller and midmarket companies are now accelerating their investment in digital transformation at a … The post Midmarket supply chains are going digital appeared first on OpenText Blogs ..read more

There are lots of different terms used to describe B2B process automation. These terms can be confusing, partly because they are so inter-related. This article will go into detail on these terms to dispel some of the confusion and explain common terms used within B2B process automation, including the differences between Ecommerce and EDI. First, … The post E-commerce and EDI: What’s the difference? appeared first on OpenText Blogs ..read more

As a concept, EDI (Electronic Data Interchange) isn’t a new one. In fact, it can be traced all the way back to the Berlin Airlift in 1948. Put simply, EDI systems automate and simplify the process of exchanging key business documents – such as invoices, purchase orders and shipping notices – principally with partners, suppliers … The post What is Electronic Data Interchange (EDI)? appeared first on OpenText Blogs ..read more

The global EDI (electronic data interchange) market is expected to double in the next six years. Not bad for a technology that, for more than three decades, has been predicted to disappear. Despite those forecasts, EDI remains at the heart of business for organizations throughout the world. And its relevance is set to grow as we … The post EDI trends in 2022 appeared first on OpenText Blogs ..read more

If not such as wild ride as the oil & gas sector, the global Utilities industry witnessed its own share of volatility in 2021. The pandemic caused resource shortages and price hikes that affected residential and industrial customers alike, and it’s likely this environment will continue well into 2022. In response, we’ll see utility companies … The post Top predictions for the Utilities industry in 2022 appeared first on OpenText Blogs ..read more

Did you know that 40% of information exchanged between business parters still travels by fax, email, or phone? The other 60% is exchanged via structured, automated methods and is increasingly gaining ground. Due to the pandemic and resulting supply chain variations, we are now at an inflection point and the window of opportunity for small … The post Digitize, or miss your window of opportunity appeared first on OpenText Blogs ..read more

According to EFT, 55 percent of supply chain executives considered web service APIs as an alternative to EDI. But we should know better by now than try to write off electronic data interchange (EDI) again. This isn’t about replacement. It is, as always, about integration. The development of application programming interfaces (APIs) and API management complements … The post EDI vs API? It’s a false debate appeared first on OpenText Blogs ..read more

The electronic data interchange value-added network (EDI VAN) is primarily a service provider network that connects all supply chain participants—such as buyers, sellers, logistic providers, banks and suppliers—so they can exchange digital data and documents. This allows them to automate many of their key business processes, streamline supply chain operations, reduce overall spend and improve … The post How to use EDI to promote fair play, sustainability and ethics appeared first on OpenText Blogs ..read more

In 2020, OpenText™ Business Network expanded Trading Grid capabilities to allow companies to extend their cloud integration platform into the business ecosystem. For many years B2B and A2A have been treated as separate integration domains. However, by introducing an extensive API integration capability to Trading Grid we enabled companies to not only establish a digital … The post Announcing OpenText Business Network Cloud CE 21.1 appeared first on OpenText Blogs ..read more