EDI is a computer-to-computer exchange of information in a normal and structured format. EDI stands for electronic data exchange Organizations are moving into electronic data transfer to streamline and improve business processes and communications operational efficiency through electronic sharing of data.
Companies implement EDI to improve efficiency, interaction and data exchange reliability, enhance relationships and reduce costs. EDI removes the need to re-schlüsseldata, reduces the output of error-prone information and hastens the exchange process with consumers and trading partners for business documents. EDI simplifies and streamlines the whole payment process, as seen in the following example: typical EDI transactions, such as (EDI 850) purchase order and (EDI 810) invoice.
infographic by: datatrans-inc.com
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