How Syncrofy Integration Cloud (SIC) Solves: Optimization of Budget

We hear you. Managing your supply chain and B2B integrations are costly, time-consuming, and complex.

That’s why organizations are beginning to seek solutions that streamline those operations while ensuring predictability in costs and compliance with industry standards. As a result, many are turning to software as a service (SaaS) managed service solutions. 

Recent studies are pointing towards significant savings for companies who engage SaaS providers. 

Budget optimization has emerged as a key pain point for many looking to make the switch. Cost-prohibitive pricing models, high infrastructure costs, and limited scalability are all factors that may be working against you when it comes to optimizing your budget. Why? They’re due to a myriad of reasons that center around your current on-premise solution or provider. This is where a SaaS managed service solution can come into play and provide a comprehensive approach to managing your critical business processes and optimizing your budget. 

At CoEnterprise, we’ve developed a revolutionary new offering called Syncrofy Integration Cloud (SIC). It’s a game-changing managed service alternative that will redefine your on-premise EDI/B2B operations and replace your existing solution. In part one of our series, we’ll examine how it can help you achieve total budget optimization while transforming your supply chain and trading partner community.

Predictable costs

One of the key advantages of a SaaS managed service is the ability to deliver predictable costs and SIC is no different. With SIC, there are no hidden fees and the pricing model encompasses implementation, ongoing support, infrastructure, architecture, and monitoring. SIC’s transparent pricing on service additions ensures that you can efficiently plan your budget, leading to lower overall costs. This pay-as-you-go model ensures that you only pay for the services you need and provides affordable access to CoEnterprise industry experts.

Compliance & chargeback management

Are you struggling to navigate compliance requirements and manage chargebacks? SIC addresses these challenges by providing a single source of truth and significantly reducing the time spent researching transactional issues. Proactive notifications on business inconsistencies will enable you to stay ahead of potential issues and prevent those costly chargebacks. Additionally, SIC equips your procurement teams with valuable insights, such as fill-rate information and vendor scorecards, to empower them to make informed decisions and reduce revenue leakage.

Did you know that up to 2% of suppliers’ top line revenue can go towards paying chargebacks from retailers? And retailers who can’t hold their suppliers accountable risk lost sales, process delays, and increased shipping costs.

Scalability

Scalability is essential in today’s business environment. That’s why SIC enables you to scale your operations rapidly without incurring additional resource costs. It scales to your requirements to enable you to move quickly without the added overhead of additional resources. As a result, your partners can be onboarded up to 60% faster–allowing you to realize revenue more quickly and improve your bottom line.

Reduced infrastructure costs

Here’s the thing–maintaining costly infrastructure can strain your resources and divert attention from focusing on core business activities. That’s why SIC eliminates the need for you to manage it by providing a highly available and secure infrastructure with built-in compliance measures. And with 24/7 monitoring and automatic upgrades, SIC ensures that critical data continues to drive business success without the hassle of infrastructure maintenance.

Efficiency improvements

If you’re still grappling with an on-premise solution or subpar provider, you could be dealing with issues stemming from data silos and manual processes to a host of other efficiency issues. By leveraging SIC and CoEnterprise experts, you can optimize your B2B programs and streamline processes for greater efficiency and fewer potential failures. By leveraging a cloud-based, secure infrastructure that promotes efficient onboarding processes–your organization will be able to get to market faster. Additionally, SIC’s real-time monitoring of your supply chain data will bring you transparency, intelligence, and automation across your supply chain networks.

How SIC can help you achieve your goals

Syncrofy Integration Cloud (SIC) is a fully managed service that allows you to get back to focusing on your business. Functioning as a multi-tenant, cloud-based SaaS, SIC seamlessly transforms files from EDI platforms into easily consumable formats for your partners’ ERP systems and vice versa. SIC, coupled with Syncrofy, a powerful supply chain visibility platform, establishes communication channels and captures transactions for enhanced visibility—empowering you to achieve: 

• 24/7/365 transaction lifecycle visibility
• Reduced complexity
• High scalability
• Real-time efficiency improvements
• Reduced infrastructure footprint
• Hassle-free management
• Best-in-class implementation methodology
• 24×7 system monitoring and support

The CoEnterprise Difference

We are committed to helping you get the most out of your investment. With deep expertise in B2B/ERP integration, application modernization, cloud enablement, and legacy platform migrations–we complete every project in less time, with fewer resources and better outcomes. And it’s more than just our experience–we offer a proven, award-winning process that assures on-time, on-budget service delivery reliability with superior customer support. Your success story begins with CoEnterprise.

Want to learn more?

To discover more about how Syncrofy Integration Cloud can help optimize your budget and transform your supply chain and trading partner community today, schedule a chat with me today: brandon.shores@coenterprise.com.