Client Challenge
One of our major clients wanted to make their Order-to-Cash (O2C) process smoother, cut down on wasted time, and ensure transactions were more accurate. Their old way of doing things relied heavily on manual work, which not only took too long but also led to frequent mistakes and made it hard to track data in real-time. To succeed, they needed an easy and efficient way to exchange documents electronically with their business partners.
STREAMS Solution
STREAMS implemented Supply Chain EDI Integration using the Boomi Integration Platform, enabling structured and automated communication between trading partners. The integration streamlined the following processes using EDI standards:
- 850 (Purchase Order)
- 855 (Purchase Order Acknowledgment)
- 810 (Invoice)
- 820 (Payment)
Key Process Enhancements
1. Automated Purchase Order Creation
- Incoming X12 850 documents from trading partners were processed to create corresponding sales orders in NetSuite, eliminating manual data entry.
2. Order Fulfillment and Acknowledgment
- Once orders were approved and fulfilled, the system generated X12 855 acknowledgment documents and transmitted them to trading partners.
3. Invoicing Automation
- Upon order completion, NetSuite created invoices. The integration retrieved these details to generate X12 810 documents for clients, expediting the billing cycle.
4. Payment Integration
- Payments recorded in NetSuite were processed to generate X12 820 documents, ensuring transparency and faster reconciliation.
Benefits Delivered
- Error Reduction: Automated data entry eliminated manual errors, enhancing accuracy.
- Efficiency Gains: Streamlined processes reduced cycle times, improving the Order-to-Cash cycle.
- Cost Savings: Automation minimized paper, printing, and labor expenses.
- Stronger Collaboration: Real-time exchange of standardized documents fostered smoother relationships between trading partners.
- Data Security: Encryption and authentication ensured secure data transmission.
Outcome
With STREAMS’ expertise, the client achieved a faster, error-free Order-to-Cash process, driving operational efficiency and ensuring real-time visibility into critical business data.
Take the Leap with STREAMS
Looking to transform your business processes? STREAMS is a trusted NetSuite Technical Alliance Partner that specializes in cutting-edge solutions tailored to your needs. Let us help you streamline your operations and drive growth.
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