Benefits of the EDI Processes
EDI is the electronic exchange of business documents between the computer systems of business partners, using a standard format over a communication network. EDI is also called paperless exchange.
Implementing EDI benefits both the sender and the receiver. It is a mutual effort, and its benefits are maximized by sharing information in a timely manner. The benefits include
a trading partner. The receiver then rekeys the same information on his or her computer. The process is prone to data entry errors. This procedure is repeated when invoicing takes place. With EDI, data goes directly from one computer to another without involving a human being.
an EDI transaction is close to $2.
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