EDI

Yes. EDI streamlines and optimizes the sending and receiving of files, doing away with other inefficient methods such as fax, and mail. It is a viable option for businesses looking to improve business cycle speeds.

A widely known electronic data interchange example includes purchase orders. Others that organizations use are payment confirmations, invoices, and inventories.

• EDI aids in sending of digital messages across the globe within seconds, saving time and improving service delivery.
• It eliminates the need to type paper documents onto an enterprise software, minimizing the risk of errors.
• It minimizes the human handling of documents, thus bringing down overhead costs.

For a successful EDI integration, you need to set up your infrastructure that includes EDI software for mapping, translating, and communicating. You also need a connection to VAN’S and all the necessary hardware. From there, you need to establish a technical link with the other business for ease of transmission. Then, you want to confirm that you are compliant with the stipulated standards.