Electronic Data Interchange – EDI Solution with your ERP
Adding EDI solution integration to your ERP system eliminates the slow, error-prone, and costly process of sending and receiving paper-based orders, invoices, and other documents.
Electronic Data Interchange (EDI) is essentially the process of electronically exchanging business documents such as orders, invoices, and shipping information, between two companies without manual data entry or human intervention.
- Accuracy: errors are reduced because manual data entry is eliminated. Improved accuracy results in a host of benefits including elimination of excessive shipping charges and the cost of returns for incorrect orders.
- Efficiency: electronic documents are delivered and processed more efficiently than their paper-based counterparts resulting in faster order turn around, happier customers, and a competitive advantage.
- Reduced Costs: eliminating manual data entry not only reduces labor costs, it can also reduce other direct costs such as paper & forms, postage, printers & toner, and document storage. Indirect benefits can include reduced lead times, more frequent inventory turns, better use of warehouse space, and improved cash flow.
- Compliance: in many cases if you want to do business with the “big boys” (large retailers), they require that you use EDI software and technology.
KEY BENEFITS
- Business transactions flow faster
- Much less labor time is required
- Faster buy-sell cycle time
- Faster cash flow
- Improved trading partner relationship
- Reduce inventory cost
- Decreased errors
- Enhanced visibility
- Savings from paper and paper management
- Improved operational efficiency
- Increased Accuracy
- Increased Return On Investment (ROI)
Explore how IT can help your business by
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- Healthcare
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- Education and Research
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- Professional and Technical Services
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