In the globalized world, companies try to survive and sell products in more competitive markets. Quality, price and product differentiation are not enough to succeed anymore. Speed, efficiency and the channel of communication with vendors, business partners and customers are turning to be key factors in business. Companies must develop alternative channels to do business with their partners and business partner oriented (B2B) and customer oriented (B2C) portals are ways of alternative business channels are on the rise.

The way you do business with your vendors, business partners and customers may be carried out in the form of Public B2B Exchanges (multiple firms and business partners on a single portal), Private B2B Exchanges (one firm and its business partners on a portal) or B2C portals (e-commerce web sites).

B2B portals increase operational efficiency by minimizing the order acquisition time eliminating the mistakes during order registration and increasing the buyer service quality. Using promotions and campaigns in your B2B portal is also a good way to increase the business volume.

B2C portals enable you to set up an online store integrated with your product catalogs, delivery system, accounting and inventory management system and have another store, a store with much less investment to spend than a traditional brick and mortar store.

VeriPark targets these e-commerce needs via Veritical, VeriPark's B2B/B2C solution for e-commerce, public/private marketplaces and B2B portals. Veritical is a demand-supply chain management software that supports buyers, sellers and financial institutions to streamline business operations. Veritical allows participating parties to manage the demand-supply chain for gathering and delivering information, flow of products and settlement of financial payments. Veritical helps companies create a healthy demand-supply management system and allows financial institutions to take part in e-marketplaces.

Veritical integrates with the participating parties' existing ERP systems and the banking systems of financial institutions, presents integrated solutions for Internet, Call Center and mobile channels and thus, gives you a chance to increase your business using multiple delivery channels. It is scalable and supports your increasing business volume and increasing company transaction numbers. Veritical provides you a secure and proven way to carry out your business operations in the e-business world.