SyncForce's FileConvert service offers the ability to convert images into various file formats. However, it is important to note that not all source files may be suitable for every use case.
The first step is to determine all the required file formats based on your specific use cases. These may include formats for website or app usage, sharing with trade partners through different portals and data pools, and across various markets. Once the necessary formats are identified, a suitable "fit for purpose" source format can then be determined.
For more information on image types and their characteristics see: https://synf.co/imagetypes