EDI data exchange is the best replacement for previous order processes, such as mail, fax or email. By organizations adapting and integrating EDI data exchange into their business, they are then able to electronically exchange documents with another company that uses a different internal system. EDI data exchange allows information to be translated and converted to the business application required and agreed upon between the trading partners, such as a buyer and supplier. EDI data exchange further allows companies to substantially shorten the order-processing cycle, thus producing a multitude of benefits, such as increased efficiency, increased order accuracy, increased production and more.
Offering a complete EDI solution means utilizing four basic components of EDI data exchange that every business needs in order to integrate EDI into their business:
- EDI data exchange transfers data electronically from one organization to another, including orders, returns, notes, invoices, pricing, etc.
- EDI uses a standardized language for transferring data, which allows organizations to share information in the same way. This can include X12, EDIFACT and XML.
- EDI software creates a solution for organizations (sender and receiver) to share and manage information according to the agreed upon standard for interchanges.
- EDI communications networks require secure communications systems, enhancing the security of data being exchanged, including the use of VANs (Value Added Networks)
If your business is still processing data manually, you are sabotaging your own business from inside. Manual processing is time-consuming, inaccurate and costly. The more time employees spend processing data, the more employers pay for a process to be completed that is less accurate than it should be.
Which areas of your business will benefit most from EDI?
Hopefully you are now ready to add EDI to your business. Especially after reading so many of our previous posts:
- EDI for Business: Stop Hesitating
- EDI will change your business forever
- 2019 Business Processing best practices
- Are you still using manual internal business processing?
The following are the three most viable sections of your business to consider adding EDI to first: (1) Procurement (2) Shipping/Receiving and (3) Invoicing/Payment
EDI data exchange has real potential to be a game-changer for most companies out there today. As easy as we are making EDI data exchange sound here, it’s best to partner with an EDI data exchange expert who can implement EDI into your business seamlessly. Integration, Inc. can help to make EDI a more effective part of your business operation.
As a primary business process automation outsourcing provider, Integration’s goal is to empower all its client’s to focus on their core areas of expertise, while leaving the business process automation services to our team of experts. This is accomplished by supplying excellent business process automation services that enhance your company’s ability to provide increased reliability and cost savings to your customers. Integration enables your company’s success by providing complete IT outsourcing solutions for business process automation. As a result, this allows your organization to increase efficiency, by being able to respond rapidly to changing business environments, while meeting your customer’s needs consistently and in a more cost-effective manner.
To learn more about EDI data excahnge business process outsourcing, contact Integration, Inc. today. Integration, Inc. is an industry-leading business process automation provider specializing in business process automation services, such as Electronic Data Interchange (EDI), check writing, check printing, check processing, rebate processing, barcode labels and third party billing to thousands of companies across the globe.