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Business to Business]
One of the biggest surprises to come out of the dot com frenzy was the success of online B2B…the exchange of goods, services, and information between businesses (not consumers) over the web. A significant proportion of business has been carried out for many years electronically by using EDI (Electronic Data Interchange), proprietary purchasing systems and email. The difference the Internet has made is that instead of expensive and complicated point-to-point links or proprietary networks having to be set up, there is a standard, reliable and secure universal communications system which companies can utilize to transact business - the Internet. It is, in effect, a kind of virtual universal market square on which any business can set up a its own stall and begin trading.
B2B Uses
There isn't one ubiquitous model for B2B electronic commerce. B2B sites vary from those providing simple lead generation, to complex marketplaces serving a variety of buyers and sellers, to private extranets. Companies in all industries are figuring out ways to streamline various business processes, and ACC is helping them do it:
- Using B2B eCommerce can help lower procurement costs.
- Working in conjunction with other businesses can introduce an economy of scale.
- Being connected to suppliers creates an efficient purchasing process.
- Business-to-Business transactions can improve cycle times and productivity.
Allow New Way of Doing Business to Develop
It's easy to see that an on-line marketplace, which mirrors the physical marketplace, makes it easier for companies to transfer information, and make financial transactions quicker and more efficient. The real point about business on the Web is that it allows completely new ways of doing business to develop. ACC will help you carve your niche in this ever-expanding online marketplace.
More Information
To learn more, please contact Steve Rost at info@acctek.com or 315.484.4500.
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