The objective of bolero XML is to enable users of bolero.net to take full advantage of electronic commerce by providing a set of standard electronic documents that will facilitate interoperability amongst the members of the community. Our goal is to eliminate the need for bilateral data interchange agreements that describe the structure and contents of electronic data being exchanged between two parties. This will be achieved by providing a set of common standards that can be applied multilaterally. Interoperability is a term used to describe the ability of different computer systems to work together, facilitating business transactions across organizations. The bolero XML strategy is based on the notion that the existing data interchange standards fail to meet the above mentioned criteria.
Standards are vital to the exchange of information among parties.
When all parties consistently use the same terminology and framework, documents and data flow seamlessly. We are taking the lead in enabling members of the bolero.net community to take full advantage of electronic commerce by developing a set of simplified electronic trade document definitions, known as bolero XML document definitions. The bolero document definitions are founded upon a common business model that is technology-independent. For more information about the approach taken, refer to bolero XML principles and methodology .