1 EDI Source Applies for U.S. Patent for IntelligentXchange
Unprecedented EDI visibility solution tool continues to change the way modern companies perform EDI.
1 EDI Source, Inc., the leading provider of business performance software and software-as-a-solution (SaaS), has applied for a U.S. patent for its groundbreaking EDI innovation IntelligentXchange [IX].
Designed to transform complicated EDI data into meaningful business milestones and metrics, now with a patent pending, IX is a cloud-based solution built with complex business rules, analytics and intelligence features allowing companies to easily identify costly problems and profitable opportunities inside volumes of complicated EDI data.
“We hear from clients and prospects every day that there is a definite need to make EDI simple and visible,” said David Lowman, president of 1 EDI Source, Inc. “Transacting business with partners is the lifeblood of a business; with the right type of reporting and visibility, companies can dramatically improve their supply chain efficiency. We built IX to address this important gap in today’s EDI solutions.”
Mr. Lowman added, “At the highest level, IX is designed to help companies decrease costs, accelerate cash collection cycles and, more importantly, take the friction out of customer relationships. Especially within the CPG environment where up to 2 percent of revenue is lost due to chargebacks and deductions, IX’s iPhone-like usability empowers the entire organization to transform how they manage their most important client relationships and recapture lost revenue.”
IX is a plug-and-play solution that can be bolted on to any EDI translator and be up and running in days with very little training or IT resources.
“IX is just the latest example of our approach to drive customer-centric innovation,” said Michael Hurley, Director of Product Management at 1 EDI Source, Inc. “The idea of this solution originated during our 2013 User Conference where clients shared their most complicated challenges while striving to be an exceptional supplier. Collectively we determined that getting valuable EDI data into the hands of the business stakeholders who need it most in a way that is both easy to understand and incredibly relevant will completely change the conversation related to the impact modern EDI can have in an organization.”
“For both the retail supply chain and consumer packaged goods industries, it’s a game-changing approach to providing accounting, finance, customer service reps and other critical business stakeholders insight into supply chain issues,” added Mr. Lowman. “This visibility has allowed them to better serve customers and impact their own financial performance.
ABOUT 1 EDI Source, INC.
1 EDI Source, Inc. is the leading provider of EDI software and SaaS solutions designed to help organizations transform business-to-business operations. For more than 25 years, companies ranging in size from startups to Fortune 500 corporations in various industries have come to rely on 1 EDI Source for innovative, easy-to-use software and cloud-based solutions to improve customer relationships and drive operational excellence.