The principle design innovation
of the KnowTech® Business Party is the recognition that companies and
individuals have multiple roles when conducting business transactions with an
organization. The nature of the business transaction determines the relationship
of being a Vendor, a Customer, an Employee, a Contact, etc. This approach to the
design has been further utilized in the treatment of Names and Addresses for a
Business Party. Advantages of the KnowTech® Business Party include
One definition of a Business
Party be it an Organization or an individual. Eliminate the need to join or
search multiple tables based on the role of the business party. You still have
the specific role based “lists” for the single purpose application uses.
A business party can have
multiple roles. This virtually eliminates data duplication and inconsistencies
between say, an Organization stored once as a Customer and then again as a
A Business Party can have name
changes over time. Multiple Names are also possible for say, Acronyms, Trade
Names, etc. One Name must however, be designated as Primary and Active. Would it
not be ideal to find the Business Party with any of the known names instead of
the most current?
A Business Party can have
multiple usages for an address such as Head Office, Shipping, Receiving,
Laboratory, etc. Why not search for the address and find out the usage instead
of having to know the combination? You also get in the added benefit of ISO-3166
Country definitions and codes. Do you remember the most recent country name
An Address may be the location
for more than one Business Party. In a household, all the family members are at
the same address. This again eliminates data duplication and reduces the effort
in data entry.
A Business Party can have
multiple methods of electronic contact such as telephone, both land and
wireless, a fax and e-mail and whatever else that may come along.
Business Parties can have
multiple relationships based on business roles and activities. An individual can
be an employee, shareholder, director, etc. Companies can be partners, joint
ventures with varying share/ownership ratios.
How many times has it occurred
that a new attribute needs to be captured for a Business Party? With KnowTech®
Business Party, you no longer need to worry about unforeseen data elements; just
define the attribute of interest and it is available immediately, with built-in
Clients where Design implemented
National Capital Commission
Health Canada, Natural Health
Industry Canada, Corporation
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