Why EDI?
It has been estimated that 90% of input to a computer is output from another computer. Using EDI, companies greatly increase their efficiency, reduce costs and time spent. Without changing their internal operations, companies can communicate with their trading partners in a quick, efficient manner.
Efficiency - Since your company will be doing business in a standard way, it greatly simplifies rules, testing, implementation, etc. Also, since data will not be handled by humans but rather electronically, error detection and correction is simplified.
Error Reduction - By communicating electronically, there is no manual keying of data. Data in a system is typically up-to-date and correct because it is being used by the system. EDI processes leverage this data reducing data errors.
Faster Business Processes - The process of exchanging information with your customers, suppliers, banks and others has been reduced to minutes rather than hours or days.
Business Requirements- Some companies have drawn the line and declared EDI as a requirement. High document volume companies can no longer afford to do business the old-fashioned way with paper documents and manual entry. The costs are simply too high. By automating the process, the overhead to post hundreds, thousands or millions of documents per month decreases the cost and increases timing and efficiency for all parties.
Contact our sales team to discuss how Datric's EDI services can help with your project.