EDISON @ Work
These case studies are more than illustrative, they're proven solutions that you can start using today to eliminate redundant work, collaborate across supply and value chains, reduce risk when deploying assets and capital and so much more... don't wait! Let us show you what EDI looks like for our generation.
Merchant Lenders/Factor Banking
A merchant bank does many things, but it's main purpose is to provide liquidity critical to its clients' operations.
PO FUNDING
When deploying capital to fund Purchase Orders the approval and verification process is tedious (manual), and flawed. EDISON eliminates the entire manual verification process by delivering bona fide orders AND notifying lenders when relevant, previously verified Purchase Orders are modified... automatically! Enhancing collaboration like never before and layering in unprecedented capital risk management.
Asset Based Lending
Asset based lending instruments rely heavily on borrower reporting... meaning the assets securing the loan itself could be sold from under the lender without the lenders' awareness. This is obviously a tremendous risk, which EDISON mitigates by reporting relevant inventory activities as they are taking place.
3rd Party & Comissoned Sales Force
Reconciling commissions between your organization and 3rd parties who manage retailer relationships can be pretty complex. Typically reports are prepared monthly, quarterly, or most commonly at the sales agency's request. This is a drain or resources, can cause accuracy issues and put strain on a valuable relationship. EDISON solves these issues and more by automatically providing event based reporting to relevant outside agencies, simplifying the process and eliminating the need to produce reports and review in meetings... as sales take place, or payments come in... everybody knows. THIS is what EDI was MADE FOR.
Supply Chain Collaboration
The amount of phone calls, emails, texts, WhatsApp messages and other communications that take place in support of moving orders through the physical world is astronomical. Over 75% of the information shared with relevant supply chain participants ALREADY EXISTS in a system or database, and is being re-shared with other participants. Not anymore... action based, event driven triggers strip out relevant information from a single data-instance and shares it with the appropriate parties the moment it is available, so it's there when you need it. No resource drain, inaccuracy, delays or omissions. You're no longer limited by your 4 walls... all of your key resources will have access to exactly what they need. When an order is ready, your traffic and routing partners/freight brokers will have a head start, when containers are on the water your warehouse will be able to prepare for an inbound receiving. One Supply Chain, One Data Source, One Network
