Synchronised data eliminates errors in data alignment between trading partners, which creates supply chain information efficiencies, and ensures accurate data in transactions.
Today, trading partners are facing high, unnecessary costs due to master data problems, such as supply chain information inefficiencies and inaccurate data in transactions. Invoices with errors are responsible for a large part of these costs.
In addition, globalisation of trade has generated an accelerated need for smooth inter-company flow of goods and better control of supply chain processes, which can be achieved via synchronised communication among trading partners.
By continuously synchronising/harmonising the master data, between your system and your trading partners systems, you will ensure that master data is the same in all systems. This will allow you to trade globally, increase data accuracy between you and your trading partners, and drive costs out of your supply chain.