WHAT IS EDI?
EDI is a system or method for exchanging business documents with external entities.
What is EDI and how can it help your business? Electronic Data Interchange (EDI) enables fast, accurate and reliable exchange of data between the computer systems of organizations that do business together.
The Need for EDI For companies of any size, implementing EDI is necessary for maximum competitiveness and growth. It reduces costs and improves operational performance across your organization. From the start, EDI accelerates data exchange and sharpens accuracy. Your company and your customers benefit from streamlined administration, improved information flow, more accurate accounting, better inventory management, and lower costs. Because electronic transactions are so efficient, customers that use EDI prefer to work with vendors that have EDI systems in place. From financial, operational, and technical perspectives, the right EDI solution makes irrefutable business sense.