If you are an ebizQ Gold Club member, you will be prompted to enter your user ID and password. If you are not already a member, the link will take you to our sign-up page. Once you have completed a brief subscription form, you will be redirected to this article. Everything begins with the fundamental need for businesses to now center their focus on the automation of the vast assortment of manual activities between enterprises. The genesis of this opportunity comes from the reality that today business activities between enterprises mostly continue to be performed manually.
Manual operations are inefficient, costly and time-consuming.
The Internet changes all because the global highway, which is now openly available for all to leverage, provides the fundamental exchange platform for the automation of business between enterprises. Today, an onslaught of business imperatives is pushing enterprises to automate the highly complex business, or exchange, activities occurring outside the four walls of any single participating enterprise. To thrive and remain competitive in the new Internet-enabled economy, it will be essential for businesses to automate, and optimize relationships with partners throughout the entire business lifecycle. New Business Needs Are Compelling The business needs to automate exchange activities and processes occurring outside the four walls of the enterprise are becoming increasingly compelling. Consider the examples portrayed in Table 1.