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TradeCentric Introduces Analytics Plus to Elevate B2B Integration

TradeCentric, a frontrunner in B2B Connected Commerce solutions, has unveiled its latest product, Analytics Plus, a robust analytics platform aimed at transforming integration data into strategic business insights. This cutting-edge tool not only aims to enhance integration performance but also unlocks the potential for hidden revenue opportunities, effectively optimizing return on investment (ROI).

At the core of Analytics Plus lies its capability to empower teams with strategic decision-making tools that drive growth, reduce inefficiencies, and enhance relationships with trading partners. By building on existing solutions such as PunchOut and Purchase Order (PO) Automation, Analytics Plus brings a new level of intelligence to business operations.

Key Features of Analytics Plus

1. Identifying Revenue Risks: The solution provides insights into revenue at risk due to factors like failed POs and abandoned carts, pinpointing gaps that hinder order conversion and overall profitability.
2. Efficient Issue Resolution: By surfacing patterns and insights across transaction workflows, Analytics Plus enables quicker identification and resolution of operational issues, enhancing overall efficiency.
3. Behavioral Segmentation of Trading Partners: The tool allows businesses to analyze trading partner behavior and value, enabling tailored outreach and prioritization of growth opportunities.
4. Proving Integration ROI: By utilizing industry benchmarks, Analytics Plus helps users evaluate the effectiveness of their integrations and recommends areas for potential automation and expansion.

From Insight to Action

Building upon the foundational capabilities of TradeCentric Analytics, the introduction of Analytics Plus marks a significant shift from mere visibility into actionable insights. Whereas the original Analytics tool offered a view into program performance, the new offering emphasizes actionable next steps that can safeguard revenue, mitigate risks, and foster accelerated growth.

Steve Frechette, Chief Product and Technology Officer at TradeCentric, emphasizes the transformative potential of Analytics Plus. He states, "This tool elevates the integration strategy significantly. It moves past basic reporting and delivers insightful guidance on performance metrics, empowering customers to take decisive action. Enhanced dashboards facilitate earlier identification of abnormalities and faster capitalization on opportunities, allowing businesses to reveal previously hidden value across disparate systems."

Additional Highlights from the Release

Alongside the major launch of Analytics Plus, TradeCentric has included several enhancements:

• - PCI Tokenization and Encryption Support: Expanded capabilities for secure payment processing, including support for sensitive data tokenization and encryption methods, ensuring compliance and safety for transactions.
• - AI-Powered Support Agent: An innovative virtual assistant is now integrated within TradeCentric’s Knowledge Base, offering users instant troubleshooting for routine problems, feature configuration assistance, and quick answers.
• - Quarterly Connector Compatibility Updates: Regular testing ensures optimal functionality with popular platforms like Adobe Commerce, Salesforce, Coupa, Shopify, and WordPress.

For more extensive details regarding this product release, interested parties can visit the Q3 product release page or sign up for the upcoming webinar that discusses product updates.

About TradeCentric

TradeCentric, known previously as PunchOut2Go, is a pioneer in transforming the transactional landscape for businesses by offering streamlined solutions for PunchOut, Purchase Order, and Invoice Automation. With its cloud-based integration platform, TradeCentric enables seamless connectivity and automation between eCommerce and eProcurement systems, consolidating complexities associated with B2B connected commerce.

For more information about TradeCentric and its innovative solutions, visit TradeCentric.com.