News | December 9, 2008

RedTail Solutions Announces Enhanced EDI Transaction Reporting For Its Managed EDI Services Solution

RedTail Solutions, Inc. , a provider of managed services for electronic data interchange (EDI) and global data synchronization (GDS), recently announced the availability of enhanced EDI Transaction Reporting™.

This new capability provides manufacturers, suppliers and distributors with timely and in-depth reports, accounting for all EDI data that has been exchanged with their trading partners. With these in-depth reports, customers are able to confirm that all pertinent EDI transactions have been exchanged properly, eliminate penalties associated with non-compliance and ultimately streamline business processes.

RedTail's on-demand, managed services solution handles all order-to-cash EDI communications between suppliers and their larger trading partners through its RedTail Transaction Manager™ (RTTM). The company's managed EDI services solution is fully integrated with several of recent most popular mid-market business accounting solutions from Microsoft, Sage and AccountMate.

According to RedTail CEO Bob Gleason, "We are excited to offer this enhanced reporting capability to our customers. It couldn't be a better time as EDI traffic increases significantly during the busy holiday season. Conducting business with larger companies like Wal-Mart, The Home Depot and Target can be daunting for mid-sized businesses. By providing EDI reports at this level of detail, we are able to give our customers an added level of validation and confidence, so they are able to focus on their day-to-day business needs."

RedTail's EDI Reporting Assures Accurate and Efficient Supply-Chain Processes
RedTail's enhanced EDI Transaction Reporting is accessible securely via the web on a daily or weekly basis. The information offers several benefits, including the following:

  • Single View of the EDI Transaction Cycle: Offers a single view of the entire EDI process – all EDI transaction data is accessible on demand and can be sorted by Date, EDI Transaction Type and Trading Partner.
  • Speed Dispute Resolution -- Accelerate Order-to-Cash Cycle: In the event of a dispute over delivered EDI documents, customers can provide verification to a trading partner that outbound invoices or Advanced Ship Notices (ASNs) were received and acknowledged.
  • Avoid Deductions and Chargebacks: Customer can improve compliance and reduce EDI related charge backs.
  • Reconciliation of ERP and EDI: Offers straightforward reconciliation of internal transaction counts with actual EDI interchanges, ensuring that every customer order is received and every invoice is acknowledged by the customer for payment.

Availability
RedTail's EDI Transaction Reporting is currently available to existing customers at no additional charge.

About RedTail Solutions, Inc.
RedTail Solutions, Inc. is a privately held company, located in Westborough, MA. It enables suppliers to compete at the highest level in today's supply chain by providing a managed services platform for b2b collaboration. This advanced platform provides a suite of hosted services via the Internet that can integrate seamlessly with middle-market systems like Microsoft Dynamics Great Plains® and Sage MAS 90/200/500®. Through this hosted and integrated platform, suppliers can connect and trade through a single solution with their key customers as well as third-party logistics providers in warehousing and transportation. There are more than 500,000 suppliers that participate in the global supply chain today that can gain immediate benefits by using RedTail's fully integrated and automated electronic collaboration through a single interface, helping them to eliminate transaction errors, reduce penalties for non-compliance and ultimately to streamline business processes. For more information, visit: www.redtailsolutions.com.

SOURCE: RedTail Solutions, Inc.