The bolero XML initiative is a validated, global, cross-industry standards' solution that allows all parties in a trade chain to interact seamlessly with each other by automating their information exchange, all within a secure environment. XML is simple to use and implement, inexpensive and accommodates all levels of sophistication in any size of organization. Objective Our aim is to provide a technical and administrative infrastructure that will facilitate interoperability among the members of the community, over the Internet, without the need for a bilateral data interchange agreement. 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 boleroXML document definitions. The boleroXML document definitions are founded upon a common business model that is technology-independent. This solution is unique in that it is simple and inexpensive to implement and use. The vast majority of business transactions can be facilitated and the remainder can be tailored to accommodate specific features that users may require.