Tech85, a leader in supply chain automation software, has officially announced the expansion of its zero-disruption EDI platform, which was originally designed to transform how manufacturers, distributors, and wholesalers scale business with major retailers in a compliant manner
According to certain reports, the stated solutions provide a much-needed alternative to traditional EDI best known for forcing suppliers to overhaul their processes. This Tech85’s platform does by bringing forth a mechanism capable of adapting to existing workflows, reducing order processing time by up to 95%, and eliminating millions in chargebacks.
“Traditional EDI forces manufacturers to make an impossible choice: either change what works or lose major retail opportunities,” said Burke Gregory, Vice President of Tech85. “Our solution creates such high accuracy in the EDI process that compliance issues rarely arise. Equally important is our dedication to human support. When our clients have EDI issues, they need experts who pick up the phone, not automated tickets that sit for weeks.”
To understand the significance of such a development, we must take into account how it resolves a major challenge for the EDI market, where manufacturers lose 2-3% of annual revenue to compliance fines on a rather consistent basis.
Making it even important is the fact that global EDI software market is projected to expand from $2.08 billion in 2024 to $5.3 billion by 2032. The stated growth will be likely driven by increasing automation across retail, healthcare, automotive, and manufacturing sectors.
In response, Tech85’s technology arrives on the scene bearing an ability to validate purchase order data on the way in, all for the purpose of ensuring accuracy throughout the document creation process. The technology in question also effectively eliminates the conditions that lead to chargebacks in the first place, and therefore, achieves compliance with over 300 trading partners like Walmart, Target, and Amazon.
“Before Tech85, compliance fines consumed up to $400,000 of our annual revenue,” said Gary Pelzman, Former CTO of Tanya Creations, a jewelry manufacturer. “When retailers suspended our EDI privileges for violations, we had to process invoices manually. Tech85’s approach eliminated compliance issues altogether. Its system reduced our fines to just 0.05% of revenue and cut our catalog team from 14 to two people. I don’t have to deal with EDI because it’s fixed before it gets to me.”
More on the same would reveal how Tech85 turns manual data entry into automated document exchange through an implementation methodology which, on its part, configures the relevant platform to sync with customers’ existing workflows. Such an approach, developed over hundreds of implementations, treads up a long distance to preserve institutional knowledge, while simultaneously automating repetitive tasks.
Next up, we must dig into how the technology can seamlessly convert purchase orders directly into sales orders across existing ERP systems.
Another detail worth a mention is rooted in Tech85 platform’s ability to facilitate end-to-end order management. This means the solution can handle everything from receipt through shipping with integrated EDI and warehouse tools.
Complementing that would be the availability of human support, which brings forth expert assistance to resolve issues in hours, not weeks.
“Twenty-five years ago when we broke into EDI, we saw firsthand the problem so many suppliers faced,” said George Gregory, Founder and President of Tech85. “Retailers required strict compliance, but implementing certain technologies often broke the very systems that made their business successful. The latest evolution of our platform represents a new standard of EDI automation. But technology alone isn’t enough. Our clients consistently tell us that what sets us apart is our team of experts who understand their business and are available 24/7.”
Among other things, we ought to mention to how the Tech85’s latest brainchild is already being used extensively to improve outcomes in sectors like jewelry, beauty products, third-party logistics (3PL), and food and beverage etc.
