Promotional products companies have used the Essent OrderTrax Network to trade PromoStandards information like Inventory, Product Data, and Order Status more than 10 million times.
OrderTrax on March 5, 2020, surpassed 10 million requests using the PromoStandards protocol, and the number is climbing rapidly. OrderTrax, the industry-standard integration portal, allows distributors to share business information automatically.
"Trading partners increasingly use the seamless, automatic exchange to replace the phone calls and emails that used to slow business down."
OrderTrax has processed more than 3 million queries using the PromoStandards protocol in the first 3 months of 2020.
"The number of PromoStandards exchanges happening on OrderTrax continues to grow exponentially as suppliers and distributors alike build out their networks to easily exchange the information that’s needed to move transactions forward efficiently. Trading partners increasingly use the seamless, automatic exchange to replace the phone calls and emails that used to slow business down,” Essent Business Development Manager Marco Pena said.
Data show distributors are primarily querying the information they want to know when they’re ready to buy, including Inventory and Product Data. Order Status and Order Shipment Notification, the information most often needed to track orders, is the next most queried, followed by Media Content.
"An established, mature integration model and network that represent the most efficient path to integration in the promotional products industry."
The award-winning Essent integration team often can implement a PromoStandards endpoint for a supplier in a matter of days.
"Essent provides an established, mature integration model and network that represent the most efficient path to integration in the promotional products industry. As co-authors of the PromoStandards protocol, we’re able to turn endpoints live quickly and cost-effectively,” said Essent Vice President of Research Steve Luisser, an authority on trading partner integration.
Information used to process orders and smooth out operations also continues to gain adoption, including Product Pricing & Configuration, Invoices, and Purchase Orders. These endpoints greatly contribute to complete, accurate orders that can be processed efficiently with minimal manual intervention and without delay.
Essent implements integration projects on behalf of suppliers, works on behalf of distributors who want to integrate with preferred suppliers, and provides free match making services to connect distributors, decorators, and suppliers through the OrderTrax Network.
Essent also provides the only fully-integrated business management system designed specifically for the promotional products industry, EssentOne; and an ecommerce solution that fully integrates with back office business managment, SiteBuilder.
Essent is an innovative provider of fully-integrated business management software solutions and services for process-intensive industries. Essent solutions combine flexible workflow management with innovative technologies that automate repetitive tasks and simplify business processes. Since 1981, Essent has offered the systems, service, software, and support critical to success in today's highly-competitive marketplace. Essent provides best-in-class solutions for business management, ecommerce, and integration.
OrderTrax is a mature, proven integration network that securely and accurately processes over 12 Million transactions representing over $3 Billion in commerce annually. Supporting ANSI X12, cXML, ePSA, PromoStandards, and other public and proprietary standards, OrderTrax allows companies to integrate using the standards of their choosing. Instead of implementing and maintaining a costly new integration for each trading partner, companies can integrate once through OrderTrax to become connected to many trading partners.
PromoStandards is a group of distributors, suppliers, and service providers dedicated to improving supply chain efficiency in the promotional products industry. The group, including Essent, a Founding Member, defines and writes integration standards that allow distributors and suppliers to integrate for more efficient transactions and a more efficient supply chain.
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Essent is the leading provider of fully-integrated business management software solutions and services for process-intensive industries and the largest trading network for the promotional products industry. The Essent family of fully-integrated products and services combines best practices, business processes, software automation, and network communications to deliver unparalleled, unified business management solutions. Since 1980, Essent has offered the systems, service, software, and support critical to success in today's highly-competitive marketplace.