It’s no secret that maintaining regulatory compliance is a top concern for firms in the financial industry. In fact, according to research, spending on regulatory technology (regtech) will grow by an average of 48% per year over the next five years, as banks seek to avoid costly regulatory fines (1). Tasks like effective record keeping, document and record retention, and analysis and reporting are so vital and any discrepancy, no matter how minor, can result in significant financial ramifications.

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Categories:Syncrofy, EDI, Dashboards, Reports, Timeline, Data Security, Compliance

At CoEnterprise, we pride ourselves on fostering a very collaborative atmosphere. With a team as talented and diverse as ours, it’s a no brainer that we’re constantly trying to find new ways to leverage the different skillsets that are present on our staff. This past summer, we launched a new initiative aimed at finding new ways to improve and evolve Syncrofy, our EDI visibility solution. 

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Categories:Culture, Syncrofy, Tiger Team

As one of the leading operators of college bookstores in the United States, Barnes & Noble College (BNC), a subsidiary of Barnes and Noble Education, Inc., relies on EDI for approximately 70% of their general merchandising business. As a result, their internal EDI team was continuously investing significant resources to search for specific transactions, track inventory, and extract business insights.

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Categories:Syncrofy, EDI

Did you know that EDI teams typically spend 50% of their time answering questions, resolving problems, and troubleshooting EDI issues for the business? For a traditional American employee, that could mean up to four hours every day! How is that even possible? Ultimately, It boils down to the fact that most business people asking EDI questions don’t have the tools to solve the issues themselves. That’s where the power of Syncrofy comes in.

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Categories:Syncrofy, EDI

Is Your EDI Data All Over the Place?

By: Pasquale Gatti | September 28, 2017 | Comments

We at CoEnterprise realize how critical your EDI data is to your business. We also understand that you have your own unique set of challenges when it comes to organizing and consolidating that data. Sometimes, it just feels like your data is all over the place. That's where Syncrofy can help!

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Categories:Syncrofy, EDI, Data Retention, Timeline

We know how much your business relies on interaction with your trading partners. That’s why Syncrofy allows you to invite your partners to use Syncrofy at no charge to them, enabling you to collaborate and give them access to the features you deem necessary. By inviting your partners, you will be able to securely share information, compare data, and solve problems.

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Categories:EDI, Syncrofy, Dashboards, Exceptions, Reports, Trading Partners