Prophet 21 Releases Trading Partner Connect Version 9.0; Newest Release of Internet Trading Network Includes Functionality that Aids Communication.Business Editors/High-Tech Writers YARDLEY, Pa.--(BUSINESS WIRE)--Feb. 9, 2004 For many EDI-savvy distributors, exchanging information with customers and suppliers who do not belong to Value Added Networks (networking) Value Added Network - (VAN) A privately owned network that provides a specific service, such as legal research or access to a specialised database, for a fee. A Value Added Network usually offers some service or information that is not readily available on public (VANs) means they must revert re·vert v. 1. To return to a former condition, practice, subject, or belief. 2. To undergo genetic reversion. to sending faxes and making phone calls. "That translates into a lot of manual processes when we communicate with 25 percent of our customer and vendor base who can't handle EDI (Electronic Data Interchange) The electronic communication of business transactions, such as orders, confirmations and invoices, between organizations. Third parties provide EDI services that enable organizations with different equipment to connect. ," said Brad Madore, IT manager at Duncan Equipment Company. Fortunately, functionality incorporated into Trading Partner Connect version 9.0, the latest version of Prophet 21's Internet trading network, helps distributors like Duncan Equipment communicate more easily with customers and suppliers without the same capabilities. Prophet 21 provides distributors and manufacturers/suppliers with technology solutions that help them increase sales, improve customer service, and reduce operating costs operating costs npl → gastos mpl operacionales . Trading Partner Connect, an Internet trading network, streamlines the commerce process between distributors, manufacturers/suppliers, and end-users. Trading Partner Connect 9.0 allows distributors to send and receive electronic business documents using the File Transfer Protocol A communications protocol used to transmit files without loss of data. A file transfer protocol can handle all types of files including binary files and ASCII text files. See Kermit, Zmodem and FTP. (FTP FTP in full file transfer protocol Internet protocol that allows a computer to send files to or receive files from another computer. Like many Internet resources, FTP works by means of a client-server architecture; the user runs client software to connect to ). An excellent way to communicate with out-of-network business partners through Trading Partner Connect, this eliminates the hassles of working through traditional EDI VANS, while opening new business channels Business channels are TV channels that concentrate on business news. List of channels
"Prophet 21 develops its solutions with one objective in mind," said Prophet 21 President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Chuck Boyle. "We want to make it easier for our users to do business on a daily basis, so they can increase sales, improve customer service, and reduce operating costs. Trading Partner Connect 9.0 does just that." Other Enhancements Trading Partner Connect 9.0 features several other enhancements, including an Electronic Document Utility, with which distributors with transaction mapping expertise can create their own mappings. "The ability to write my own overlays is really exciting," says Rene Savage, sales and technical administrator at Stellar Industrial Supply. "It gives me a lot more control over my trading relationships." A few of the features in Trading Partner Connect 9.0 include: -- Trading Partner Report Card: The Trading Partner Report Card offers a variety of information about the business conducted through the network, including the type, number, and dollar value of transactions, giving distributors a snapshot of their return on investment from the network. -- Dead Stock Alert Enhancements: Designed to streamline dead stock trading processes, the e-mail alerting distributors to the availability of dead stock now offers information about the seller, including contact name, e-mail address See Internet address. e-mail address - electronic mail address , and phone number Pricing and Availability Trading Partner Connect 9.0 is currently available. For additional information and pricing, please visit www.p21.com, e-mail info@p21.com, or call 1-800-PROPHET. About Prophet 21 Since 1967, Prophet 21 has been a leader in providing durable goods durable goods Goods, such as appliances and automobiles, that have a useful life over a number of periods. Firms that produce durable goods are often subject to wide fluctuations in sales and profits. Also called consumer durables. distributors with innovative, adaptive solutions essential for running their businesses. With more than 2,400 customers and 80,000 users conducting over $41 billion in highly complex supply chain transactions annually, Prophet 21 is a true business partner, helping companies of all sizes leverage technologies and maintain a competitive advantage. Through its business technology and services, Prophet 21 seeks to streamline customers' business processes and reduce transaction costs Transaction Costs Costs incurred when buying or selling securities. These include brokers' commissions and spreads (the difference between the price the dealer paid for a security and the price they can sell it). to maximize profit and growth. Prophet 21 offers enterprise software solutions that provide organizations with powerful, highly customizable applications designed to improve customer service and maximize their return on investment. In addition, the company offers an Internet trading network that streamlines the commerce process between distributors, manufacturers/suppliers, and end-users. A complete line of professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. backs all Prophet 21 solutions. For more information about Prophet 21, please visit www.p21.com, e-mail info@p21.com, or call 1-800-PROPHET, press 1. Copyright (C) 2004 Prophet 21, Inc. All rights reserved. Prophet 21 is a registered trademark of Prophet 21, Inc. All other trademarks and registered trademarks are the property of their respective companies. |
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