Promotional products companies used the Essent® OrderTrax® Network to process PromoStandards™ requests more than 5 million times in 2019, and the integration Network designed specifically for the industry now has handled more than 7 million PromoStandards requests overall.
Suppliers and distributors leverage OrderTrax to make a more efficient supply chain by automatically exchanging the business information that’s most often needed to move transactions forward.
"The benefit of providing product information easily and instantaneously at just the moment the buyer is ready to buy cannot be overstated."
Information like Inventory and Order Status that used to be shared slowly and manually by phone calls and emails is now shared automatically and in real-time.
Data show distributors are looking up supplier Inventory and Product Data more than anything else, which is the information Distributors need when they’re ready to buy.
"The benefit of providing product information easily and instantaneously at just the moment the buyer is ready to buy cannot be overstated. Sellers who leverage OrderTrax and PromoStandards to provide this critical information are finding more sales and more sales that move forward faster,” Essent Business Development Manager Marco Peña said.
Order Status and Order Shipment Notification, the information most often needed to track orders, is the next most queried, followed by Media Content, another piece of information that buyers seek when they are ready to buy.
Information used to process orders and smooth out operations continues to gain adoption, including Product Pricing & Configuration, Invoices, and Purchase Orders, which greatly contribute to complete, accurate orders that can be processed with minimal manual intervention and without delay.
Order Status and Order Shipment Notifications drew the next most volume; and more and more companies are beginning to share Product Data and Media Content.
The advantage of integration is that the information and documents needed to move transactions forward can be shared automatically and in real-time, rather than slowly and manually through countless calls and emails.
Data show distributors are looking up supplier Inventory more than anything else. Order Status and Order Shipment Notifications drew the next most volume; and more and more companies are beginning to share Product Data and Media Content.
Distributors, decorators, and suppliers connect on OrderTrax via PromoStandards or other standards of their choosing, including cXML, ANSI X12, ePSA, and other public and proprietary standards.
The award-winning Essent integration team implements integration projects on behalf of suppliers, and also works on behalf of distributors to integrate them with preferred suppliers. Essent also provides free match making services to connect distributors, decorators, and suppliers through the Network.
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.