When doing business with larger organizations you are almost always required to implement an EDI solution.  There are a host of factors that make it necessary to do EDI (electronic data interchange) with larger companies.  These factors included both strategic and operational reasons and have been around for decades.  Here are just a couple of examples of the strategic and operation benefits companies take advantage of:

Strategic:

•  Decreased operating costs;
•  Improved cash and inventory cycles;
•  Rapidly integrate trading partners into business processes.

Operational:

•  Invoices are sent out and in your partners hands in minutes;
•  Increased security in delivery of message and transaction processing;
•  Reduce double entry of data, eliminate data errors;
•  Reduction in inventory levels;
•  Reduced paper, postage and sorting activities. 

By taking advantage of the strategic and operational benefits of implementing an EDI solution, customers and suppliers have been required to do business via EDI.  In almost all situations larger companies will not enter into a business relationship without the other party conforming to the EDI standards set by the larger company.  Depending on the number of transactions per month, the customer can choose to implement an EDI system which automatically handles incoming documents i.e: 850s (Purchase Orders) and 997s (Functional Acknowledgement) or they can choose to enter information manually via a web form. 

At eBridge Software our solutions have functionality built-in to handle automatic and manual entry (rip and read) of data.  To read more about our software solutions and how your company may benefit Click here. 

Regards,

Dave Malda

Marketing Coordinator

Article by Dave Malda

Dave is the Sales Manager and Marketing Coordinator at eBridge.

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