Edge Dynamics Updates Channel Commerce Management Solution

Version 3.5 offers auditable channel system of record and channel policy audit capability, provides integration for third-party BI tools

New Capabilities

  • Auditable channel system of record: Edge Dynamics 3.5 includes an enterprise-class repository for storing and managing all EDI documents involved in channel management, including current and emerging standards. This repository can also include a variety of other enterprise data from areas such as orders and production, shipping and logistics, and forecasts. The solution receives, validates and transforms data to help enable informed business decisions, including managing the performance of fee-for-service agreements. It also automatically records transaction-level decisions and their justifications in a single location for easy access during audits.

  • Sarbanes-Oxley (SOX)- and Security and Exchange Commission (SEC)-compliant channel management capability: Version 3.5 facilitates audits of operational requirements mandated by SOX, SEC and the Financial Accounting Standards Board (FASB), and it enables auditable testing of stringent SOX 404 security and access control requirements, according to Edge Dynamics. Pre-built reports help streamline audit compliance across order management, policy changes, scorecarding and data management, and they make it easer to comply with FASB policies such as revenue recognition; government pricing requirements; and SEC reporting milestones such as 10-K, 8-K and 10-Q statements, the solution provider said.

  • Pre-built integration with third-party business intelligence (BI) tools: The new version of Edge Dynamics supports integration with such BI tools such as Excel, Cognos, Business Objects and Hyperion to enable analysis of channel trends.

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