Toward a Successful Digital Business Network – Step 2
Buyer-Supplier Ecosystem, Digitalization, Business Network
It's time to take the second step in building an effective digital business network and review organizational and technological options.
Once the senior management have drawn up their overall digitalization plan, the next decisions that you need to make are which type of organization to use in the transformation into digital processes and which type of technology or service to use to enable this digitalization.
The second step: Organization and technology options
The most important things in the entire project are the people you select and the organizational model you use. As digitalization projects always involve all the other companies in the business network, not just your own company, it is vital to define how the process will be managed. The company or its selected partner must have extensive support from the business network and an understanding of how to broaden this network as the operating environment changes. The organization must also have the technical resources and people who understand the business.
The type of technology selected will depend on the type of organizational model chosen by the company. Of course, it is essential to decide whether it is better, from the perspective of the company’s business, to retain the technology element as an internal service, or to purchase it from an external provider. You can often achieve a good balance if, for example, the technical expertise and service are purchased from an external provider, while the business architecture is retained as an internal strategic function.
The technology selected should enable an extensive business network, service connections to operators and interfaces of different sizes, development and change management, and 24/7 support services.
These matters should be considered from the perspective of the organization model and the technology options. And next time we will already be ready to launch the first practical measures towards digitalization.
You can read the other parts of this blog series here:
The writer has fifteen years of experience in customer-focused business development, particularly electronic supply chain management, electronic invoicing, and integration and data management solutions. At OpusCapita, he is working with B2B integration solutions and for promoting digital business networks among customers and stakeholders.
Read more blog posts about Buyer-Supplier Ecosystem
Accounts Payable Automation - the value of a business network
31 - 12 - 2018
So you’ve decided to digitally transform your accounts payable function with the goal of improving control, visibility and efficiency.
The Business Case for Invoice Automation
27 - 12 - 2018
The business case for Accounts Payable automation is fairly straightforward but there is some nuance to consider as you begin planning your digital transformation project.
Standardization of e-Invoicing in the U.S. Takes Steps Forward
02 - 11 - 2018
The United States is moving forward with country-wide e-invoice standardization. This blog explains why this news should have a positive influence on the global e-invoicing market.
Other content you might be interested in:
Business Network factsheet
OpusCapita Business Network integrates buyers, suppliers and other business partners. Automate the exchange of all types of business documents, including global e-invoices.
Why PEPPOL matters for your e-invoicing in Europe
on demandThe PEPPOL infrastructure has the potential to vastly improve the efficiency of your European accounts receivable and payable processes. Join us to find out exactly how.