What Are The Advantages And Disadvantages Of Extranet?

Following are some advantages and disadvantages of Extranet:
Advantages
• Extranet helps in improve company efficiency and output by automating procedures that were done manually in the past. Automation can also decrease the scope of mistake.  
• Work is done quickly as compared to past manual systems.

• Extranets permit company information to be analyzed at period suitable for business customers, partners, suppliers, employees, and other stake-holders. This helps in cutting down the conference/meeting times and is also helpful when doing multinational business having with partners located in different countries and in different time zones.
• Information can be modified, updated and changed immediately on an extranet. All approved members thus have instant access to the most advanced information.
• Extranets can help in improving relationships with main or potential customers by giving them correct, precise and efficient information.

Disadvantages
• Extranets can be costly to apply and maintain within an organization.
• One of big problem is the protection of extranets when dealing with precious information. System access should be controlled and checked properly to protect the system and information going into the incorrect hands.
• Extranets can decrease personal face-to-face contact with clients and business partners. This can cause a lack of communication between employees, clients and organization.