|
|
Article: RioLabs Links Supplier EDI Systems into B2B Exchanges; RioLabs Announces EDI to XML Translation Tool for Supplier Enablement.
- Article from:
- Business Wire
- Article date:
- July 21, 2000
CopyrightCOPYRIGHT 2000 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Business Editors
DENVER--(BUSINESS WIRE)--July 21, 2000
RioLabs announced Version 1.8 of its B2B supplier enablement product suite, Proximal, with new support for two-way EDI transactions. Using Proximal, suppliers can integrate complex EDI purchase orders, pricing, and inventory transactions with exchanges such as CommerceOne and Ariba.
According to a recent AMR Research study: "It is estimated that about 80% of the dollar value of inter-company transactions among Fortune 500 companies is currently conducted via Electronic Data Interchange (EDI). AMR Research expects that much of this volume will move to the Internet to take advantage of ...