About e-Commerce
The ever-increasing popularity and importance of e-Commerce
in today's business environment is creating a need for a new
type of Internet transactions. B2B2C e-Commerce or "Business-to-Business
e-Commerce" is an Internet-based exchange that facilitates
trade and settlement between buyers and sellers, with no geographical
boundaries.
Why is B2B2C e-Commerce the "next
best thing"?
B2B2C e-Commerce
involves the full inter-business cycle of sourcing, marketing,
sales and order transactions conducted on-line over the Internet
in real time. This means that the service can help a company
increase operational efficiencies. Other benefits of B2B2C
e-Commerce include the expansion of one's customer base without
increased expenses, tapping into new markets and market segments,
generating of profit, improving service, increasing customer's
satisfaction and streamlining business procedures.
Bank of Asia is committed
to providing an innovative B2B2C e-Commerce solution that
will
allow your business to maximize the possibilities of this exciting
new trading environment. By building strategic partnership
with
key players in the e-Commerce arena, we are now able to offer
a non-proprietary, outsourced, end-to-end global solution
that
leverages both Bank of Asia's domestic network and global network
and expertise in the provision of sophisticated cash management
and trade
services.
Bank
of Asia Solution
Bank of Asia's B2B2C
fully integrated e-Commerce solution covers the entire spectrum
of business activities, providing a link for all aspects of
the inter-business cycle on one global electronic network It
enables you to lower costs and extend your reach by streamlining
the key business processes, from order taking and procurement
right up to financial settlement and treasury functions.
With the support of
Expertist team, you will be able to reap the full benefits of
cyberspace trading with an integrated system that manages financial
settlement, bank reconciliation, treasury management and the accounts
receivable/account payable process.
An Outsourced
Solution
Bank of Asia's e-Commerce
solution offers an IT provider for both hardware and software,
and a network provider with security and efficiency related to
Internet-based communications. As a e-Commerce Solution leader,
we provide the experience and the expertise to integrate the financial
and treasury management functions seamlessly and globally. By
outsourcing your e-Commerce solution, you will immediately be
able to enjoy the benefits of e-Commerce at a low entry cost.
Moreover, our commitment to R&D ensures that our e-Commerce
solution will be continually enhanced as this emerging technology
evolves.
An Integrated
Solution:
A key benefit of
the Bank of Asia's e-Commerce solution is its complete integration
with in-house Enterprise Resource Planning (ERP) systems. All
processes-including order management inventory control, distribution,
financial statement, and treasury management-are brought together
into one seamless solution which is transparent to the user.
As the initiation of commercial transactions is fully electronic,
human error and costs are dramatically reduced.
An Open Solution:
Through strategic
e-Commerce partnerships, Bank of Asia's e-Commerce solution
creates a global electronic marketplace for buyers, sellers,
and logistics companies to meet in an open trading environment.
Linked business exchanges provide a B2B2C e-Commerce service
hub that brings the major trading zones of the world into one
global trading community. This allows you to access new customers
in new markets and in new territories-easily and affordably.
A Secure Solution:
Our e-Commerce solution
features the most advanced authentication and encryption technology
combined with user access controls and audit trails to protect
the integrity of transactions and to guarantee data security
and confidentiality. Users will be identified and authenticated
through the use of digital certificates stored in smart cards.
All transaction documents are double encrypted and authorized
with digital signatures to ensure the integrity and non-repudiation
of information.
