Opportunities to benefit through the use of the PSP standards for data communications exist throughout the industry value chain. The benefits for any one particular organization vary, depending on several factors, including organizations size and complexity, current business processes, and the expansiveness of their dealer network. Generally speaking, larger organizations benefit through improvements in operational efficiency while smaller organizations benefit through the ability to provide a sophisticated technical solution for relatively low cost and resource commitment. Listed here are several examples of the types of benefits Business System Vendors might expect:
- Fewer point-to-point interfaces to develop for OEMs and Suppliers
- Development resources can be allocated towards new product functionality rather than maintaining interfaces
- Enhanced product value from incorporating PSP into existing product lines
- Clear industry path helps product planning for future development
- Fewer point-to-point interfaces to maintain on a legacy basis
- Fewer differing skill sets to maintain among development staff because of reduced need for disparate interfaces
- Ability for peripheral organizations to more easily communication with BSV product lines, leading to new and creative opportunities for providing business value to BSV customers
- Adapters and other integration tools are available to make deployment easier
- PSP Program marketing efforts promote BSVs who deploy PSP
- Additional transaction sets will continue to enhance the value of BSV products
- PSP development platform facilitates BSV implementation regardless of BSV’s native development language
- PSP pricing model provides ability for BSV’s to recover development and support costs
- Data communication standards allow easier expansion for BSVs into complementary industries
- Rigorous certification testing provides true interoperability. BSVs do not have to conduct point-to-point testing with PSP-certified manufacturers and suppliers
- BSVs are able to participate in development of new specifications to ensure specifications meet functional requirements