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Interchange

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What is OpenText Trading Grid?

OpenText Trading Grid is a next-generation B2B integration platform that empowers organizations to connect seamlessly with over one million pre-connected trading partners worldwide, fostering collaboration across complex supply chains. The cloud-native solution offers universal data translation and validation capabilities, supporting a wide array of industry and regional communication standards through a single, scalable connection. By replacing multiple in-house EDI systems, it significantly lowers operational costs and accelerates trading partner onboarding with AI-driven tools and self-service portals. The platform enables near real-time exchange of mission-critical business documents, enhancing efficiency, accuracy, and on-time delivery rates. OpenText Trading Grid’s robust SaaS application suite facilitates streamlined procurement, logistics, and inventory management, leveraging transactional data flowing across the ecosystem. It includes over 200 pre-built API connectors to quickly integrate with existing ERP, supply chain, and enterprise systems, ensuring seamless interoperability. Comprehensive analytics, alerting, and visibility features provide actionable insights to both business and technical users. The platform is built on a foundation of global data centers that ensure reliability, security, and business continuity. With its conversational AI-powered virtual advisor, users receive guided support to resolve issues and optimize integration workflows. OpenText Trading Grid is the trusted choice for enterprises aiming to modernize and future-proof their B2B trading networks while driving growth and digital transformation.

What is Interchange?

You can gain a thorough understanding of your supply chain without the need to overhaul your existing infrastructure by effectively integrating data from your ERP, WMS, TMS, and EDI systems. Encouraging collaboration with your trading partners fosters a more complete perspective on the dynamics within your supply chain. This integration facilitates real-time issue monitoring throughout the entire supply chain. By utilizing Interchange, you can achieve rapid data integration across multiple systems through blockchain technology, which eliminates the necessity for replacing existing systems. Simply connecting Interchange allows for smooth data transfer from your current systems to the blockchain, thereby enhancing overall visibility. While many companies have made substantial investments in their EDI, ERP, and WMS systems, they frequently encounter difficulties due to fragmented data, which obstructs their ability to attain a clear and comprehensive overview of crucial supply chain events. Interchange provides a streamlined and effective solution to address these data discrepancies across all systems on the blockchain, equipping your organization with not only end-to-end visibility but also the capability to proactively monitor errors, thus significantly improving decision-making and operational efficiency. By adopting this strategy, organizations can maximize their existing investments while simultaneously uncovering valuable insights into their supply chain processes, ultimately leading to more informed strategic planning. This integration not only enhances operational workflows but also positions companies to respond swiftly to market changes.