Electronic Data Interchange

EDI (Electronic Data Interchange) is the computer-to-computer exchange of business data, such as orders, delivery slips and invoices in a standard electronic format between companies.

 

Benefits of EDI

 EDI standardizes the information communicated in business documents - improving document accuracy and enabling the paperless exchange.

 EDI eliminates the expenses of paper, printing, and postage, and manual data entry.

 EDI expedites your business cycles - enabling you to exchange business documents in minutes instead of the days or weeks of turnaround time via a postal service.

 EDI empowers real-time visibility into transaction status: promoting quicker decision-making and enhanced responsiveness to customer demands.

 EDI reduces the time it takes your business to exchange invoices, purchase orders, advanced shipping noticies, and any other business documents. This exchange is computer to computer instead of manual!

The most common and well-known EDI standards are EDIFACT and ANSI. Additionally, for each standard there are many different versions (such as ANSI 5010 or EDIFACT version D12). When two businesses want to exchange EDI documents, they will settle on the specific EDI standard and version. 

 

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