Advantages of e-business
E-business is enabling business operations all over the world. Flexible organizations may take advantage of changes that are resulting from the process of globalization to their advantage.
Competitive advantages
With the help of interchange of standardized documents the company may obtain more competitive advantages:
- significantly shorter turn around time needed for individual processes,
- significant improvement of planning possibilities and process optimizations,
- improved security and reliability of business operations,
- elimination of errors at entering of documents in business applications,
- better transparency over documents and consequently more efficient monitoring of business processes,
- enhancement of utilization of company’s resources,
- release of human resources that may be reallocated to other tasks and consequently the increase of their efficiency,
- reduction of costs of business operations.
