What is electronic data interchange (EDI)?
Simply put, EDI (electronic data interchange) is the exchange of business information directly between business software. Think of a purchase order being created in one company’s accounting package, and it ‘magically’ appears in the supplier’s software; no email, no PDF, no manual data entry. Well, it’s not magic, it’s EDI!
To best understand how simple and efficient EDI is compared to a paper-based procurement process, let’s look at a simple scenario below:
|Buyer manually enters the purchase order in their software||Buyer sends order to supplier via email||Supplier manually enters the purchase order in their software||Supplier manually enters the invoice in their software||Supplier sends invoice to buyer via email||Buyer manually enters the invoice in their software|
|Buyer enters the purchase order in their
|Purchase order appears in Supplier’s software||Supplier enters the invoice in their software||Invoice appears in Buyer’s software|
Exchange EDI messages from an easy-to-use web portal
Fully comply with over 20 retailers’ EDI requirements
Generate SSCC labels that can be printed on an office printer
Receive email notifications when a new order arrives
Have traceability and history of orders
Exchange EDI messages directly from your software
Comply with your customers’ EDI requirements, or onboard your suppliers to electronic trade
Remove double handling
Add your own business process management and validation
Generate custom reports
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