Posted by: Robert Davis
B2B, B2C, B2E, B2G, Business-to-Business, Business-to-Consumer, Business-to-Employee, Business-to-Government, E-commerce, EDI, Electronic Commerce, Electronic Data Interchange, Internet
Delineated, B2B is E-commerce between discernibly distinct entities. B2B links enable the exchange of products, services, or information between entities. Cascading down, Electronic Data Interchange (EDI) methodologies are the precursors and pillars of Internet integrated B2B relationships. Depending on activity frequency and application, EDI control risk can become material. Where EDI is implemented, lack of direction, reliance on third parties, and system dependencies potentially expose an entity to additional legal, security, and operational risks.
“View Part I of the Electronic Commerce series here“