Advantages of Extranets
There are a number of advantages of implementing extranets in an enterprise environment. Some of the main advantages are discussed below in greater detail.
As extranets are intended to be shared networks between enterprises, the potential for sharing information easily over a secure network is great. In the event that companies are customers for other companies, the shared data can represent anything – including outgoing project information, financial reports, and many other things besides. An extranet facilitates communication between enterprise partners even when their physical locations are geographically distant.
Extranets enable quick communication amongst various partners. Therefore if a document is stored on the extranet by an employee of one company, an employee of another one could update it in real-time, therefore making the updated document instantly available. The turnaround time involved is drastically reduced, as compared to more traditional sharing mechanisms like emails.
Apart from the economic implications, there are other less tangible advantages to an extranet. For instance, there is a great deal of goodwill generated with the use of extranets. As a case in point, because the network is shared, there is a certain amount of transparency generated. Transparency in business dealings fosters confidence to a large extent.