February 28, 2006

nuBridges Introduces truExchange Collaboration Solution

Guest writes "nuBridges, LLC today launched truExchange Collaboration Solutions, combining open source innovation and the cost efficiency of software as a service, to create an easy-to-use, highly scalable platform for supply and demand information exchange.

truExchange Collaboration Solutions deliver on the promise of true e-business, closing the gap between supply and demand with technology that enables product and transaction data exchange – no matter the size, scope or format. It provides the real-time visibility up and down the entire supply chain that’s necessary to improve competitive advantage, strengthen customer service and reduce overall costs.

“E-business was supposed to make it easier to connect partners, but the cost and complexity of these initiatives have really held back the potential, even as the need for true business collaboration has greatly increased,” said Tycho Howle, Chairman and CEO. “With our solution, an organization can focus on getting the right products, in the right place and at the right time – instead of chasing down invoices and orders or constantly having to change business processes.”

truExchange Collaboration Solutions give companies of all sizes flexible options to transfer data effectively, securely and quickly. With this offering, business partners can use the mode of connectivity they prefer – EDI-INT, EDI VAN, FTP or Web forms – supporting total supplier enablement and speeding the time to adoption. The delivery mechanism is completely transparent, ensuring that retailers, manufacturers and distributors have 100 percent visibility into all aspects of the supply chain process, without any compromise.

Its automated business rules feature guarantees the fastest and most efficient processing of standard transactions, and ensures that exceptions are flagged and routed for immediate resolution. truExchange Collaboration Solutions also provide a real-time alert notification system that keeps partners ahead of procurement and fulfillment issues before there’s an impact on business performance.

Driving Value and Efficiency within Partner Networks

nuBridges’ approach to supply chain collaboration provides a cooperative forum to conduct business that enhances real-time supply chain visibility, fulfillment performance, scorecarding and business analytics. Its truExchange Collaboration Solutions can be leveraged in a variety of ways to streamline supply chain processes, including:

- Real-time Drop Ship Management: With the continued growth of online purchasing, retailers are looking to drop ship management solutions to recognize revenue faster and improve customer service. This solution provides retailers with the ability to respond quickly to demand fluctuations and protect themselves from stock-outs or inventory surpluses by simply redirecting shipments based on consumer needs.

- Advanced Automation & Robust Reporting for Electronic Invoicing Payments. With the proliferation of non-standardized invoices coupled with the inability to automate the payment process, large organizations are looking to increase productivity and contain costs. nuBridges’ Collaboration Solutions offers enhanced audit capabilities to address increasing compliance requirements, including Sarbanes-Oxley Act (SOX), while streamlining internal processes and seamlessly integrating existing accounting software."

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