Business Integration is ever more critical, but as the pace and scope of B2B integration (business integration) escalates, so does tension between frontend lines of business (LOB) and back end core IT.
Successful B2B integration narrows that gap: It creates a more nimble infrastructure and drives growth in the digital economy.
Business Integration, whether on-premises, in the cloud, or the more common, mixed or hybrid cloud approach, is ever more critical. However, as the pace and scope of B2B (Business-to-Business) integrations escalate, so do the tensions between frontend Lines of Business (LOB) and backend core IT.
B2B integration technology is an increasingly important tool for enterprises. As businesses become more tightly integrated with partners in areas like distribution and the supply chain, the ability to share information efficiently becomes a competitive differentiator. Purchase orders, delivery verification, and similar transaction information must all be exchanged and managed consistently, reliably, securely, and nearly instantaneously.
The right B2B integration platform and Managed File Transfer (MFT) technology can dramatically reduce complexity in the exchange of information between partners.
Successful B2B integration narrows the gap.
Creating a successful B2B integration establishes a more nimble infrastructure and drives growth in the digital economy. A recent research study by Vanson Bourne surveyed 360 LOB (Lines of Business) managers around the world across a range of industries, including; Financial Services, Insurance, Manufacturing, Telecommunications, Distribution, Retail, and Healthcare. The most important takeaway of the survey was the most significant quote of a general “dissatisfaction with IT’s performance in Business-to-Business Integration” within the LOB leaders.
TxMQ can make B2B barriers fall away, we specialize in making companies “talk to each other”. Especially in the Finance space and demystifying the RTP (Real Time Payment) gap where more and more companies need someone as their champion.
B2B integration in the digital economy is critical.
Integration between two disparate businesses empowers enterprises to drive new revenue, increase current revenue, and realize cost efficiencies. In addition, B2B integration can boost customer satisfaction and strengthen relationships with partners and distributors that all serve the business’s bottom line. However, it all depends on your IT team’s capabilities. This is where complex technology environments, increased prevalence of cloud providers, growing security concerns, and legacy applications and protocols can slow the pace of integration projects.
That’s why it’s important to work with an IT team that has experience integrating disparate systems. TxMQ has been a systems integrator and champion for more than 40 years. Our philosophy, “Appreciate and address the need for alignment between LOB and core IT to form collaborative partnerships that rally around best-in-class integration appliances and solutions.”
The era of traditional B2B integration is ending. There’s no room within the digital economy for lengthy onboarding, batch processing, and network downtimes. Integration chains must be faster, highly available, agile, and ultra-reliable to serve today’s ultra-connected customers. The chains of integration need to deliver real-time processes twenty fours hours a day, seven days a week, 365 days a year to meet the demand.