Connection to
online marketplaces
This article describes what is behind the FIS/TradeFlex middleware for connecting online marketplaces to SAP, how it works and the advantages it provides.
Product Manager
- What is FIS/TradeFlex?
- How can you easily and quickly connect marketplaces to SAP?
- Does a central application exist where all marketplaces can be managed?
- What functions does FIS/TradeFlex include?
- What advantages does the marketplace connection with FIS/TradeFlex provide?
- What marketplaces are already available in FIS/TradeFlex?
- What partnerships exist in the marketplace business?
- What is the technological basis of FIS/TradeFlex?
- Conclusion
- FAQ – Frequently asked questions
What is FIS/TradeFlex?
FIS/TradeFlex is a middleware based on SAP Business Technology Platform and used by companies to easily and quickly integrate any kind of online marketplace into the applied SAP system. Thanks to standardized processes, no development efforts will arise for the provider when integrating a marketplace. The application consistently covers all sales process steps from product listing and payment process to back processing. All activities are managed centrally in the application and automated to the greatest possible degree. A holistic integration with the SAP system is always ensured. Consequently, providers benefit from crucial added values, such as increased range of coverage, additional distribution channels and increasing customer satisfaction.
How can you easily and quickly connect marketplaces to SAP?
FIS/TradeFlex is the central puzzle piece that connects your SAP system landscape and the sales platforms of your choice. Regardless of whether you are entering e-commerce for the first time via a marketplace or are already active on online marketplaces or sales platforms and want to fine-tune your processes: FIS/TradeFlex enables fast and uncomplicated integration of any kind of online marketplaces while time expenditure and costs can be kept low. Furthermore, enormous development efforts for connecting different interfaces will be omitted in most cases. With FIS/TradeFlex, your desired online marketplaces and sales platforms are just a few clicks away.
Does a central application exist where all marketplaces can be managed?
FIS/TradeFlex is used to manage all seller portals and activities centrally and clearly in just one application. FIS/TradeFlex covers the entire sales process: from the listing of products and order-to-cash to reversals in case of returns or cancellations. User-friendly Fiori apps are available, for instance, for product selection, price and quantity determination and order overview, but also for reporting. As a consequence, sellers always keep an overview of the activities on the marketplaces and the processes in the SAP system. With FIS/TradeFlex, providers benefit from a central application that bundles all interfaces and information and ensures a seamless exchange of information in real time. This means: No additional effort is required for maintaining data at different locations, all information can be accessed centrally and automated processes ensure minimal manual effort.
What functions does FIS/TradeFlex include?
Sale via platforms such as Amazon, eBay, mercateo or others involves numerous departments throughout your enterprise: from E-Commerce, IT, Sales and Distribution, Finance and Accounting to Marketing and Product Management. With FIS/TradeFlex, all departments involved benefit from a central software solution that bundles all interfaces, systems and information and ensures a seamless exchange of information. For the employees involved, this means that no additional effort is required for maintaining data at different locations, all information is available in real time and automated processes support users in their daily work.
For SAP users, FIS/TradeFlex is the optimal solution: The intelligent application offers far more than a mere marketplace interface. As a central tool, it completely covers all sales process activities: from product listing, price and quantity determination, order creation in ERP as well as synchronization of fulfillment and billing to the payment process with automated assignment of invoices. The software can also be used to control reversals and the back processing of returns or credit memos in a central and digital way and with full integration in SAP.
By using FIS/TradeFlex, vendors optimally meet the requirements of today’s online customers to an easy ordering process, fast delivery and uncomplicated returns. This does not only provide for high customer satisfaction but also enables increased sales revenues due to fast and efficient processes.
Function overview
Product lists
Price and quantity determination
Order creation
Reversal
Delivery / billing
Back processing
Payment process
Quotation costing
What advantages does the marketplace connection with FIS/TradeFlex provide?
What marketplaces are already available in FIS/TradeFlex?
With FIS/TradeFlex, you can quickly and easily connect B2C and B2B platforms. Thanks to standardized processes, no development efforts will arise for marketplace connection: You select the marketplaces – FIS/TradeFlex implements the connection and automates the processes.
The following online marketplaces and platforms are already available in FIS/TradeFlex. Your requested marketplace is not included? Please contact us. We constantly enhance our portfolio. We will be pleased to connect the marketplaces of your choice in a prioritized manner.
What partnerships exist in the marketplace business?
With FIS/TradeFlex, we are partners of online marketplaces and platforms. FIS/TradeFlex enables fast and easy connection of our partners as well as a seamless integration into your SAP system and process landscape. You additionally benefit from our expert knowledge about individual conditions on the marketplaces and platforms of our partners.
What is the technological basis of FIS/TradeFlex?
Based on SAP Business Technology Platform, i.e. the high-performance HANA database, distributors and manufacturers face the challenges of modern e-commerce with innovative technology.
What certifications has FIS/TradeFlex obtained?
SAP Industry Cloud:
Our FIS/TradeFlex e-commerce solution uses the Industry Cloud Portfolio solution by SAP. Industry Cloud offers SAP customers access to vertical solutions to achieve precise business results. SAP and its partners develop industrial solutions on SAP Business Technology Platform (SAP BTP), which are fully compatible with other intelligent Suite applications.
SAP Certified Built on SAP Business Technology Platform:
Applications developed on SAP Business Technology Platform provide an integration potential with other SAP Cloud solutions. For this purpose, FIS/TradeFlex has been certified accordingly by SAP.
Conclusion
FIS/TradeFlex is the central switching point for successful marketplace business in the SAP environment. The solution seamlessly connects your SAP systems with a multitude of online marketplaces – without any development efforts, but with maximum efficiency. Thanks to consistent process coverage from listing to back processing, intelligent automation and user-friendly interface, enterprises keep an overview at any time and noticeably optimize their processes. Be it the launch of a marketplace business or the optimization of existing marketplace activities: FIS/TradeFlex enables you to provide the technological basis for greater reach, increased sales and satisfied customers – centrally controlled, fully integrated and extendable at any time by new marketplaces.