A suite of multi-enterprise applications to improve trading partner transactions.
Inovis Actionable Intelligence is on-demand software that improves transactions between buyers and sellers. By monitoring electronic orders, ship notifications and invoices against business rules and compliance guides, you can uncover problems faster and create projects to fix the issues. And better data quality means lower out-of-stock rates, fewer vendor chargebacks and more time to manage the rest of your business.
Choose from modules that span key trading partner business processes, including partner certification, vendor compliance and logistics.
Each module is delivered as an on-demand software service, making it quick to implement and easy to update. Unlike internally-focused approaches, Inovis automates finding and fixing transaction errors by validating EDI data against compliance guides. By gaining visibility to supply chain problems as they happen, rather than months later, organizations can avoid inventory disruptions, data-related vendor deductions and delayed financial cycles.
How it works: Five capabilities in each module.
Behind the scenes, each Inovis Actionable Intelligence module combines five core technologies into a unique package for each targeted business process: compliance-guide modeling, transaction validation, drill-down access, collaboration and dashboards.
Compliance-Guide Modeling. A flexible business-rule modeling database captures and maps a company's exact trading partner requirements -- such as compliance guides, routing guides and service level agreements -- and provides an easy way to make updates and create compliance exceptions for particular groups.
Transaction Validation. A validation engine watches a carbon copy of transactions and compares them to documented rules and requirements, flagging errors and issues with drill-down to root-cause data. A wide range of data types and methods are supported, including value-added networks (VANs) such as Inovisworks.
Drill-Down Access. Unlike business intelligence tools, Actionable Intelligence connects you directly from the dashboard level to the document level in the same system. You and your partners can easily drill-down to see the errors highlighted in purchase orders and shipment notifications, speeding up remediation projects and simplifying deductions negotiations.
Collaboration Workflow. A flexible workflow engine enables users to manage tasks, worklists and projects across thousands of partners. Online surveys, triggered email notifications and self-service web access make it easy to assess vendor readiness, remediate chronic advance ship notification (ASN) errors, roll out new cross-docking programs and certify partners to electronic data interchange (EDI) specification changes.
Dashboards. A reporting engine creates dashboards that can be customized, shared, subscribed to, exported and drilled into, making it easy to collaborate with partners on supply chain issues. A number of best-practice, process-based dashboards are provided, such as Vendor Scorecards, Reverse Scorecards, Deduction Items, and Inbound Logistics Performance.
