EDI Provider RedTail Solutions Tallies Another Record Year
Strong Year-on-Year Increases in Customers, Transactions, Revenues
WESTBOROUGH, MA, February 27, 2013 – RedTail Solutions, which delivers managed cloud services for electronic data interchange (EDI) and global data synchronization (GDS) to manufacturers and distributors, today announced its eighth consecutive year of top line growth, adding to its customer base substantially. In 2012 the company grew the volume of EDI transactions processed for customers 33% over 2011.
RedTail EDI handles all order-to-cash transactions between suppliers and trading partners as an outsourced service. Complex EDI transactions are seamlessly processed, including orders, advanced ship notices (ASNs) and invoices. RedTail EDI is ideal for mid-sized companies who need tightly integrated automation to process EDI transactions for large trading partners like Walmart, Kroger, Bed Bath & Beyond, and The Home Depot. Key to RedTail’s success is integration with mid-market ERP accounting business solutions from leading vendors such as Microsoft, Sage, Infor, and AccountMate. Available links to warehouse automation systems and third party logistics (3PL) providers further enhance process automation opportunities.
“Mid-sized companies that supply retail goods compete not only for product placement, but also for preferred supplier status.” said Bob Gleason, RedTail’s president and CEO. “Trade compliance with retailers is extremely difficult to master – especially Advance Shipping Notice (EDI 856) accuracy. Our customers know that they can rely on RedTail EDI to achieve top EDI compliance without diverting resources from their primary missions.”
RedTail’s services utilize cloud computing, so customers don’t face the burden of managing and updating hardware and software. More importantly, services of RedTail’s EDI experts are included. “RedTail EDI delivers efficiencies that are not possible with packaged software or web portal applications,” adds Gleason. “Our cloud has people—EDI experts who implement trading relationships and monitor EDI transaction flow to and from our customers’ accounting systems. That service level is distinctly different from and superior to technology-only providers.”
“Managed cloud services make complete sense for mid-sized companies. More and more businesses see the advantage of sticking to what they do best while offloading EDI chores. We see only increasing demand for EDI, and RedTail is the only company delivering outsourced, integrated EDI to mid-sized companies with a sustainable approach that can scale for rapid growth,” said Gleason. “Customers that sign on with RedTail EDI reduce total cost of operations and improve trade compliance. That’s why they stay with RedTail too. Customer retention is a key to solid growth for transaction-based business models like RedTail’s,” he adds.
About RedTail Solutions, Inc.
RedTail Solutions delivers Managed Cloud Services for Electronic Data Interchange (EDI) and Global Data Synchronization (GDS) enabling our customers to optimize trade compliance performance. RedTail’s managed services seamlessly integrate with Sage, Microsoft, Infor, and AccountMate ERP systems to accelerate the order-to -cash cycle, reduce errors and chargebacks, and ensure product data synchronization. Visit www.redtailsolutions.com.
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