Business Challenges Facing Procurement

Manual, non-integrated procurement processes that drive up process and purchase costs, lack of data integration that limits visibility into procurement activities, and impaired decision making combined with difficulty accessing timely and accurate information are the three biggest challenges facing enterprise e-Procurement.

What is Procurement Management?

Procurement management is a core functionality that enables you to automate and standardize payments rapidly, with integration across multiple business functions such as accounting and warehouse management.

Gaining a detailed view of your vendors and having access to an integrated and centralized vendor data repository enables more effective purchasing decisions and opportunities for cost savings. Well-managed supplier relationships are vital for e-Procurement automation.

Automating Procurement Processes with Netfira

Netfira offers best-in-class functionality to support your core procurement activities, integrating the entire purchasing process from order to cash management, including order creation, inventory updates and invoice payment.

Netfira updates information in the SAP master data that is maintained centrally. Purchase orders can be created in a few straightforward steps and sent to the vendor electronically from the Netfira Enterprise Buyer product. To help ensure that the appropriate levels of goods are in the warehouse for timely order delivery, Netfira allows you to create purchase orders from sales orders.

Features

• Procurement

  Create single or multiple POs and goods receipts; link purchasing documents, and view document trails for audit purposes; manage returns, additional expenses, and multiple currencies.

• Detailed View of Your Vendors

  An integrated, centralized vendor data repository can help enterprises make more effective purchasing decisions, identify opportunities for cost savings, and better manage supplier relationships. Users manage detailed data in a user-friendly interface, view account balance and purchase analyses, and maintain detailed item purchasing information with price lists and tax information.

• REAL-TIME Purchasing and Pricing Reports

  This gives you a comprehensive overview of your purchasing history, including information about the items you bought, your suppliers, the prices you paid, and transaction dates. This makes it easier to compare suppliers and prices, identify which supplier can meet your business needs, and negotiate to get the best possible price. You have easier, up-to-date reporting with real-time data, and these reports are available for display in various report formats.

Netfira is MYOB and SAP certified, and works in conjunction with many major purchasing systems such as SAP, Ariba, and Oracle.

How are you managing your e-Purchasing? Please join the conversation in the comments section below.

Do you have questions about Netfira's technology? Contact us.

IT Supply Chain Management with Real-Time Inventory Software Solutions

Supplier Enablement is the process of electronically connecting suppliers (or other trading partners) to a company's supply chain. Supplier enablement is achieved when an enterprise buyer is electronically connected to the suppliers of goods and services. This connection allows a company's back-office systems to exchange stock level information and pricing as well as critical business documents such as purchase orders, invoices and other information.

The benefits of supplier enablement include reduced supply chain costs, improved invoice tracking, reduced procurement costs, reducing or eliminating non-value added (manual) processes, and improved communications.

Many conferences are held globally in order to discuss cost saving measures and efficiency in the enterprise e-commerce world.

Larger enterprises tend not to have many problems transacting with other enterprises when it comes to electronic data integration and automation. Larger enterprises almost universally have an existing IT electronic data integration system (EDI) in place in order to create real-time e-commerce links with other enterprises, although it is interesting to note that in many circumstances large enterprises still have difficulties connecting and transacting electronically in real time with other enterprises. A surprising fact resulting from studies is that many enterprises are electronically connected to very few of their suppliers. Also, smaller to medium sized businesses (SMBs and SMEs) tend not to be electronically connected to enterprise buyers. These smaller suppliers tend not to have the complicated and costly IT electronic automation systems that their larger suppliers have, forcing the enterprises to rely on more costly, less efficient, and less reliable and accurate manual data entry processes including phone, fax, email and call centers.

There has been much discussion recently regarding the need of a solution to streamline the supply chain solution by enabling real-time electronic transactions, eliminating manual processes and automating business-to-business orders with smaller to medium sized clients. This would have the potential to change the e-commerce world as we currently understand it, and streamline supplier ecosystems between businesses of all sizes.

Netfira’s IT supply chain inventory management software offers a complete supplier enablement solution in REAL-TIME. Netfira streamlines the buying and selling process through REAL-TIME electronic communications and order automation, integrating seamlessly with existing back-office accounting systems and EDIs. This IT supply chain management inventory software solution in REAL-TIME gives companies the power to reduce supply chain costs, eliminate manual data entry and increase their ROI profits.

Netfira’s inventory software solution enables large buyers and sellers to electronically and instantaneously connect and trade with their smaller to medium sized SMB and SME customers in REAL-TIME, representing a substantial cost reduction due to lowered call center costs and additional operational efficiencies, and solving the manual data entry problem.

The IT supply chain inventory management software solution provided by Netfira has REAL-TIME inventory visibility, multiple convenient pricing options, and automatically creates sales and purchase orders, while integrating seamlessly with the existing back-end accounting system ERP or EDI, resulting in a streamlined buying and selling process. This electronic, automated business to business (B2B) connection is much faster, simpler, cost effective and efficient than traditional communication channels involving enterprises and smaller to medium sized business suppliers.

One of the unique features of Netfira’s supply chain management software is that it integrates seamlessly with existing ERP and EDI systems such as SAP. Netfira is SAP certified. With Netfira, enterprises continue to run their existing EDI electronic data integration systems without interruption, while at the same time expanding their business to trade electronically with their SMB suppliers and customers. This REAL-TIME e-commerce convenience and versatility along with an ease of installation and use for both the buyer and seller, makes Netfira’s supply chain inventory management software a complete supplier enablement solution, ideal for automating dealer networks and streamlining the B2B buying and selling system between enterprises and businesses of all sizes.

Netfira is MYOB and SAP certified, and works in conjunction with many major purchasing systems such as SAP, Ariba, and Oracle.

How are you managing your supply chain? Please join the conversation in the comments section below.

Do you have questions about Netfira's techology? Contact us.

Business-to-business interactions are probably the most important aspect of the modern e-commerce environment. A great majority of the total supply chain and economy is actually made up of business-to-business transactions; business-to-consumer trade represents a much smaller portion of the total market. Yet, business-to-consumer trade represents a disproportionately large amount of advertising, research, and development. As a result, business-to-consumer e-commerce trade has many IT applications and products to facilitate the electronic transaction processes with real-time support, however SMB and enterprise-to-SMB business-to-business commerce models are still using outdated and error-prone manual processes. The real-time speed and exponential growth that the internet implies is only relevant and can be leveraged if there is a suitably streamlined and automated IT buyer and seller ecosystem.

 

It is interesting to note that while enterprises generally may have EDI electronic data integration systems in place to communicate with other enterprises in real-time, until recently there had not been an affordable real-time IT software solution to automate communications electronically between enterprises and their smaller to medium sized businesses, and in some cases business-to-business transactions between enterprises. Netfira IT supply chain inventory management software solutions allow enterprises to trade electronically with businesses of all sizes, including their smaller SMB and SME businesses, like never before, automating intricate inventory supply chain systems, eliminating the need for manual processes, and integrating seamlessly with the existing backend accounting system ERP or EDI.

“Netfira is a breakthrough business-to-business IT supply chain inventory management solution that streamlines the buying and selling process between businesses of all sizes. Netfira facilitates real time, electronic transactions between trading partners, eliminates manual data entry and integrates with sellers’ back-office accounting (ERP) systems to provide buyers with powerful, real-time information about inventory levels and pricing within their supply chain.”

Netfira’s IT supply chain inventory management software solutions enable seamless real-time e-commerce trade between large enterprises and smaller to medium sized businesses of all sizes (SMBs and SMEs).

The resulting electronic and instantaneous communications and transactions facilitated between enterprises and their SMB and SME clients through Netfira’s supply chain software solutions, facilitates quicker and more efficient trade. By enabling REAL-TIME visibility of inventory and pricing, automatically creating purchase orders, and integrating the e-commerce front-end or e-commerce-enabled website to the existing back-office accounting system (ERP), Netfira’s supply chain inventory management software integrates various supply chain management systems into one synchronized electronic data integration program, thereby streamlining the buying and selling process.

The larger volume effected by real-time electronic communication between buyers and sellers, combined with the facility to automate system processes, while eliminating the problems associated with outdated and error-prone manual processes, results in dramatically lowered costs and raised revenues.

Netfira’s supply chain inventory management solutions automate business-to-business e-commerce transactions between enterprises and SMBs and SMEs of all sizes, integrating seamlessly with the existing ERP or EDI accounting system, resulting in a streamlined, electronic buying and selling process. Netfira is SAP certified.

Do you have questions about Netfira? Contact us.

Connect buyers and sellers of all sizes electronically and in real time with Netfira’s Enterprise Resource Management software solution.

Larger enterprise companies tend to face difficulties surrounding IT electronic business to business (B2B) communications with smaller and medium sized businesses (SMBs and SMEs), and in some cases with other enterprises. Communications and supply chain inventory solutions which are not electronically integrated tend to be slow, costly and error prone, and are simply too inefficient for the modern, lightning-fast era. Businesses, to compete in this thriving internet-enabled world, need to streamline the buying and selling process electronically, and use the efficiencies of the internet for their communications. In global supply chain inventory management, to be truly efficient, a supply chain inventory software solution must connect buyers and sellers of all sizes in real time.

Most transactions are business to business, however most trade publications and professional institutions focus almost entirely on business to consumer trade. This is not because business to business transactions are less important, but because creating a good IT business to business inventory supply chain software system is far more complicated. The distribution of subcomponents, raw materials and products within a business to business supply chain means that a very elegant, integrated system must be utilized in order to handle the intricacies and volume of the market, streamlining the supplier ecosystem, and automating buyer and seller networks.

Reinald Schneller - Senior Vice President, Netfira US and EMEA Operations, explains how e-commerce can be taken to a new level with the Netfira Solution:

“E-commerce, in our view, can be taken to a totally new level. Secure, fast, real time, and it provides value for both a buyer and a seller. What (traditional) solutions do not provide is the integration with the buyers or the sellers back office systems. And that’s where Netfira comes in. We don’t just provide a shopping cart solution. We provide the integration of that solution with the buyers and the sellers back office systems. So when an order is placed, the seller’s accounting system, the seller’s inventory management system, whatever backoffice system the seller has in place is automatically triggered and updated. On the buyer’s side, the same thing happens. The buyer places the order through Netfira, but then automatically Netfira updates the buyers accounting system, the buyers inventory management system, the buyers back office systems in general. And that’s what the traditional hosted shopping cart solutions do not provide. That real time updating of the data in both the seller’s and the buyer’s back office system is something traditional e-commerce cannot provide. That’s where Netfira comes in.’”

Netfira is a comprehensive enterprise resource planning system that easily connects buyers and sellers of all sizes in real time, allowing companies to compete effectively in the instantaneous world of e-commerce, by streamlining the buyer and seller links. Netfira enables a completely automated business to business IT global supply chain inventory management software solution for businesses of all sizes to connect electronically, in real time.

With the accelerated rate of business to business e-commerce, elimination of manual processes, real time inventory visibility, automatic generation of sales and purchase orders, all seamlessly integrated into the existing back end ERP accounting system or EDI, the Netfira IT supply chain inventory management software solution means streamlined buying and selling, and greater revenues and overall profits. Netfira is SAP certified.

For more information, please contact us.

During this past year, a number of trends have been unfolding that will no doubt affect the future of accounts payable and other parts of financial operations. It is clear that companies with the lowest AP costs have:

• A high degree of automation in their processes
• End-to-end integration of AP with purchasing
• Efficient electronic payments and value-added products such as P-cards

Because increased automation drives efficiency and cost savings, staffing requirements have been reduced, and the makeup of the remaining staff has changed. Gone are the days when a large part of the AP function was focused on entering data and processing payments. Now the focus is shifting to analysis and exception handling, which require higher-level problem-solving skills. The result is an AP function that is evolving to best benefit the ever-changing business culture it supports.

Trend #1: Automation continues to grow

First off, there has been a shift to automated AP processes which bring many advantages for even the smallest of AP groups: shortening the processing cycle, cutting down on lost spend, eliminating duplicate payments, reducing the time spent on rectifying problems and improving efficiency. Still, automation has not been adopted by all organizations.

• 46% of AP departments have a workflow system in place, consequently reducing staff members in these organizations by 25%
• 54% of organizations find it difficult to justify funds for an automated solution due to the economy. The growing availability of lower cost software-as-a-service (SaaS) solutions can address this.

Trend #2: AP goes mobile

Secondly, there is a growing demand for mobile-based requisitions and invoice-based approvals. Email was going to usher in the paperless office. Now it's a time management challenge for many of us, with email inboxes clogged beyond belief.

The current incarnation of email is mobile accessibility via smart phones and tablets. With the increasing use of smart phones, it is no surprise that AP-specific applications are being developed to enable remote management of invoices and workflow alerts. On the vendor side, mobile invoice applications allow for easy creation of e-invoices, bringing even small businesses into the electronic revolution.

Trend #3: Supply chain absorbs AP

For materials-driven organizations with supply chain teams, the AP function is being folded into the supply chain group, especially if the company uses e-requisitions. With e-requisitions, AP can disappear completely or become fully a part of the procurement process.

One approach to e-requisitions is the use of an online catalog. Because the catalogs are integrated with the suppliers' fulfillment systems, transactions are electronically monitored all the way through delivery and automated payment.

The ongoing adoption of integrated supply chain solutions will further reduce the need for traditional AP professionals; and simultaneously create opportunities for those with analytical and process skills. In other words, higher-skilled AP professionals will continue to be in high demand.

Trend #4: Employee numbers decline

In combination, these three trends are putting pressure on organizations to shrink their AP staffs. With or without automation, controllers and upper management are demanding fewer employees. On top of this, the economy is going through a structural change, causing businesses to seek reduced costs. As people retire, get laid off, or leave jobs, the empty staffing slots are not being filled.

Another reason for shrinking accounts payable departments is the outsourcing of various AP-related processes. Mailroom services, workflow management, and even AP help desks are being outsourced, sometimes even outside the United States, at a lower cost to the company than in-house staff costs.

Home Depot saves millions with lean AP

Home Depot is known as a leader in AP efficiency, partially because its huge transaction volumes force the company to be forward-thinking when it comes to financial operations. The department outsourced many AP jobs, implemented an electronic portal for dispute-handling, and launched an aggressive electronic invoice campaign to ensure maximum benefit from the portal. The AP team also started a comprehensive supplier survey and a discount management pilot.

Over the past five years, Home Depot has realized $2.2 million in savings and a reduction in AP costs of 22 percent, year over year. This was due to labor savings, eliminating 3.5 million pieces of paper from their back end and reduced cycle times from 45 days to 10 days.

Summary

The importance of transitioning suppliers to more "self-service" solutions puts the control and burden in the hands of the supplier and relieves AP from redundant and mundane tasks such as payment inquiries.

• 80% of supplier inquiries can be handled via a portal
• AP will play an increasing role in managing and improving supplier relations
• The VOS (voice of the supplier) survey to use on a semi-annual basis provides a forum for us to communicate more timely and effectively with suppliers, perform data mining, and achieve targeted visibility on issues and opportunities for continuous improvement.

AP will be looked upon to provide more analytics as well as assist with business intelligence on key performance indicators. The challenge for AP professionals is to prepare for this highly automated and increasingly analytical AP function of the future.

Hubspan, a leading provider of integration solutions for cloud-based businesses, recently released its top five industry predictions for 2012. This and other industry leaders anticipate that increased adoption and integration of cloud computing will influence how companies carry out efficiency solutions this year.

An overview of the Top 5 Cloud, IT and B2B Integration solutions projected by Hubspan:

1. Enterprise Resource Planning (ERP) systems will focus on integration networks targeting niche markets.
2. Global economic uncertainty will continue and will subsequently bring companies closer to existing customers.
3. The increasingly consumer-centric nature of IT will drive real-time visibility tools for customers.
4. Total Cost of Ownership (TCO) in the cloud industry will remain compelling.
5. On-premise apps will be integrated to the cloud as enterprises gain confidence in cloud systems.

What Hubspan's predictions tell us is that real-time visibility will remain important, as will customer service and tools for vertical markets. That’s good news for Netfira customers.

Achieving REAL-TIME Supply Chain Visibility Made Simple

At Netfira, we recognize that every business is unique. Our goal is to make it easy for our customers to manage their individual business processes.

The Netfira solution consists of two modules: Netfira Seller and Netfira Buyer. The Netfira Seller module is installed on the seller’s server and integrated with their back-office ERP or accounting/inventory system such as SAP, Oracle, Sage, Microsoft Dynamics GP, Fishbowl, QuickBooks, and MYOB. This integration enables buyers to view inventory levels, customized price points in REAL-TIME, and provides order automation. The Netfira Seller module is configurable and customizable to meet the seller’s business requirements. Orders generated and transmitted by buyers are automatically inserted into the seller’s back-office system, eliminating the need for manual data entry and instead facilitating order automation.

Contact us to learn more about Netfira’s Buyer and Seller solutions and how we can help you integrate your cloud systems to achieve REAL-TIME visibility.

What are your thoughts on the cloud, IT and B2B predictions for 2012? Please join the conversation in the comments section below.

As Michael Koploy, ERP Analyst at Software Advice points out in his recent article titled Today’s Supply Chain Secret Sauce:  More Visibility, Fewer Silos, the need for increased visibility in the supply chain is paramount to maximum automation, cost savings and increased revenues.  Transparency in supply chains enables “access to accurate data in real time (which is) vital to an organization’s ability to plan, analyze and react.”

With companies hanging on to their Excel Spreadsheet addiction for procurement, it’s no surprise that organizations adopting bi-directional workflows in supply chain software increase dealer satisfaction. 

Koploy recommends ditching spreadsheets and advises organizations to “adopt a centralized site of software solutions that connect various departments, supplies and distribution partners.” Such software should include a few core requirements to capitalize on visibility:

1. Automatic identification and data capture
2. Visible inventory data that is accurate, up to date and accessible across the supply chain.
3. Programmable and pre-set notifications that alert pertinent groups and empower increased collaboration.

Imagine a dealer-distributor relationship.  When the dealer is able to connect to distributor inventory in real-time, there is no need to stock various parts just in-case someone needs them.  With a transparent supply-chain and bi-directional workflows, dealers can see inventory availability and pricing in real-time, saving countless hours of calling suppliers to source parts.  This allows dealers to focus on servicing the customer, which in turn increases customer satisfaction and revenues.

So what exactly is bi-directional workflow?

There isn’t a Wikipedia definition yet, but I believe it is something like this:

Think about Google Docs where multiple people can edit the same document at the same time.  Google automatically saves changes without prompting by the user in order to increase efficiency and provide more security and convenience. 

Bi-directional workflow is possible with peer-to-peer technology, since systems can be connected to each other in real-time over the peer-to-peer network.  This enables real-time access to data including any changes that are made on either system.  The information is constantly up to date for both systems and workflow is said to be bi-directional as the two systems co-exist and share access to data that is relevant to both.

In a bi-directional supply chain, production flow is bi-directional, meaning the production goes not only from distributors to dealers, but from dealers to distributors. Bi-directional supply chains are mostly JIT (Just in time). That means that ditributors cannot regulate the delivery of inputs from the dealers, they come at a time of demand, which is a random occurrence. Dealers expect their inputs to be processed immediately or in a short amount of time. Bi-directional supply chains have implicit expectations for value added. Value added by distributors/suppliers can be easily monitored by the dealers/customers. Dealers see real value in seeing changes made in the supply chain in real-time.

Bi-directional workflow improves accuracy, save times and increase dealer satisfaction

Dealers can be instantly aware of inventory pricing and availability, enabling better cost estimates and work orders to the end customer.  This improved inventory management enables huge cost savings due to time savings on procurement practices and this obviously increased revenue.

Success Story: Electrolux Australia Automates Its Dealer Network [PDF]

Today's buyers have high expectations for customer service, and technology plays a key role in enabling dealers and distributors to provide their customers with a positive experience.

Netfira’s business-to-business (B2B) software solution helps keep buyer and seller back-office systems synchronized with order automation. Our solution provides dealers and distributors with REAL-TIME inventory visibility and an automatic connection to sellers. Buyers can then search seller inventory at no cost. Netfira streamlines processes and automates integration of sales orders, invoices, and purchase orders into distributors' and dealers' existing systems. The REAL-TIME inventory and order automation feature of the Netfira Solution reduces product returns and increases dealer satisfaction.

Contact us to learn more about  Netfira’s REAL-TIME inventory visibility solution.

How do you solve your supply chain visibility challenges?  Please let us know in the comments below.

Building a Collaborative Demand and Supply Network

The Situation

Today’s fast-paced business environment places increasing pressure on companies to balance the push and pull of supply and demand. Accomplishing this requires an adaptive demand and a supply network driven by REAL-TIME customer needs and 24/7 supply-side visibility.

The Challenge

Solutions exist for larger enterprises to connect to their large suppliers who have an IT staff with home grown or off-the-shelf IT solutions in place. However, lots of time and money is spent when these larger enterprises try to connect with smaller suppliers within their supply chain, who have little or no IT staff to process orders.

Objective

To optimize your supply chain, you must focus your efforts on eliminating manual processes and automating order processing.

How Netfira Solves the Problem

The Netfira Solution consists of two modules, Netfira Seller and Netfira Buyer. The solution enables balance through responsive supply networks, which facilitate interaction among manufacturers of parts, suppliers for parts procurement, as well as dealers and distributors of finished goods and customers. The solution helps large enterprises and manufacturers link to their suppliers, dealers and distributors with REAL-TIME information, enabling dynamic synchronization of buying and selling and supply network execution. Through integration, automation, and comprehensive functionality, Netfira transforms your supply chain from sets of linear processes into responsive supply networks.

Results

Building a collaborative demand and supply network will result in huge supplier and dealer satisfaction and happier customers. The top features and benefits the solution brings include:

• Accuracy: Reduction in errors and product returns
• Saves Money: Large cost reductions since call centers are significantly reduced
• Saves Time: Automatic order processing with Netfira Seller and Netfira Buyer
• 100% Automation: Connecting small suppliers to large enterprises
• Seamless Integration: with dealer and suppliers' back office systems

To learn more about Netfira's supply chain solutions, contact us at info@netfira.com.

Netfira, the leading supplier of technology that connects buyers and sellers in real-time, has upgraded its popular Netfira Shop e-commerce system to include support for Apple iOS devices such as iPhone, iPod Touch and iPad as well as Android based phones and tablets.

A key part of the Netfira Shop upgrade is live e-commerce access via mobile devices to popular SME accounting systems including MYOB, QuickBooks, Ostendo and a range of Sage products.

“Businesses using Netfira Shop as their e-commerce platform will now find their websites automatically mobile device friendly. For example a Netfira Shop store will appear more like a native app to iPhone shopper than a normal webpage.” said Earl White, Netfira’s Sales Manager Asia Pacific.

Shoppers see what’s in stock and the live price

Netfira Shop offers mobile shoppers real word access to product details retrieved directly from the seller’s accounting system such as stock, pricing and availability.

Automated back-end processing

As orders are placed online they’re automatically inserted into the company’s accounting system. This saves time re-entering orders, importing data and chances of human error.

No upfront software costs – transactions based fee only

Netfira Shop works on a fee per transaction. There’s a $1.50 charge for each order placed via the e-commerce site into the company accounting system.

Integration with existing websites

Netfira Shop’s fast setup and implementation time is well suited to small to medium enterprises. It also offers a number of options for either standalone use or integration with existing websites. Netfira Shop is available now via the Netfira Professional Partners and a trial version can be downloaded from www.netfira.com.au/shop.

For more information please visit: www.netfira.com.au/shop

 

It is time to share innovations and ideas in the business software development industry! SAP announces that its ASUG conference will be held November 15-16, 2011 in Anaheim, California.

ASUG Community Focus 2011 Conference Registration is Open.

 

The Americas’ SAP Users’ Group (ASUG) is the world’s largest independent SAP users’ group. ASUG represents 100,000 individuals at 3,200 companies in 17 industries across the SAP ecosystem, as well as customers, partners and solution providers.

The seminars, events and sessions at the ASUG Community Focus 2011 are dedicated to the dynamic SAP Customer Relationship Management (CRM), Enterprise Asset Management (EAM), Product Lifecycle Management (PLM), and Supply Chain Management (SCM) user communities.

Users look for ways to get ideas, insights, and information specifically tailored to business needs and demands. The ASUG Community Focus meets that need with content dedicated to the business issues and conditions for the CRM, EAM, PLM, and SCM communities.

The goal of the conference is to help you collaborate with your peers, innovate with new ideas, and influence the future of SAP products and services. The ASUG Community Focus will include the same quality speakers, customers, analysts, and experts that you have come to expect from ASUG conferences.

Netfira's Participation

Broader B2B software integration is one of Netfira’s key value propositions. We are going to exhibit at ASUG Community Focus 2011 and share our vision of eCommerce solutions for automating dealer networks and supply chain integration with our partners and customers. The automation of entire supply chains in eCommerce is what the Netfira solution is designed for, helping buyers get access to real-time inventory information and automating order processing into SAP. Netfira provides the missing link for a fully automated real-time B2B trading system.

Netfira’s interest in SAP’s solutions comes from close partnership between the companies. SAP, as a world’s leading solution provider for large enterprises and SMBs, works with the market niche in which Netfira is highly interested.

In several posts earlier we uncovered the integration process between Netfira and SAP, and discussed their steps towards mutual compatibility. One of the latest accomplishments for both companies, has been the certification of Netfira’s SAP adapter, which facilitates B2B trading for SAP’s corporate customers, who can now automatically link to the small dealers and distributors in their network. This is a breakthrough, both for companies running on an SAP platform and the many businesses trading with them.  It provides a ground breaking opportunity for streamlining their buying and selling activities, with the enormous advantage of access to real-time inventory and pricing information.

 

The upcoming ASUG Community Focus 2011 event is going to be another step in this cooperation. Come visit Netfira, an ASUG member, in booth #6 to see a demo of the Netfira Certified adapter for SAP in action!