Transaction visibility and analytics
Gain insights into transaction flows and trading partner performance to identify and manage exceptions before they impact mission-critical business operations
Business runs on transactions from suppliers, customers, financial institutions, carriers and more. Inaccurate or missing transactions can slow time to revenue, create business continuity risk and impact customer commitments. Organizations need complete visibility into the lifecycle of all transactions to keep business operations running smoothly.
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What are transaction visibility and analytics?
Transaction visibility provides mission critical insight into the flow of business documents across their lifecycle. The best visibility tools proactively manage activity as well as inactivity, such as when an expected event does not take place. Configurable to specific business rules, visibility tools enable companies to manage by exception and catch issues before they impact the business.
In addition to operational visibility, many companies also employ transactional analytics for deeper insight into supply chain and trading partner performance. Leveraging historical and current transactional data, analytics can identify trends and patterns. Predictive metrics, such as the likelihood of a supplier to invoice accurately or a carrier to deliver on time, help forecast operational and business outcomes that can mitigate supply chain risk.
Transaction visibility and analytics benefits
Improve agility
Leverage realtime alerts to proactively resolve potential problems, minimize production downtime and avoid supply chain disruption.
Optimize business processes
Monitor transaction flows across Procure-to-Pay or Order-to-Cash processes to identify and remove bottlenecks, seamlessly process business transactions and accelerate time to value.
Improve trading partner performance
Identify poorly performing trading partners and reward top performers with new business opportunities.
Gain performance insight
Obtain deeper insights into buy and sell side processes to speed time to market and improve customer satisfaction.
Predict future business performance
Leverage historical transaction information to determine future inventory requirements and supply chain performance.
Improve customer satisfaction
Respond to customer demands faster and provide more accurate answers to order status questions and more.
Transaction and analytics solutions
OpenText™ Business Network offers solutions to help companies obtain greater visibility into their supply chain operations, transaction flows and trading partner performance:
Document tracking service
OpenText™ Active Documents offers end-to-end transaction lifecycle visibility to manage by exception.
Simplify transaction visibility
Transaction and analytics solutions
OpenText™ Business Network offers solutions to help companies obtain greater visibility into their supply chain operations, transaction flows and trading partner performance:
Document tracking service
OpenText™ Active Documents offers end-to-end transaction lifecycle visibility to manage by exception.
Simplify transaction visibility
Unlock the value of the supply chain through embedded analytics
Improve decision making with embedded supply chain analytics solutions for full visibility into the supply chain.