Benefits of EDI

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Category: ALE / EDI / B2B

Published on Tuesday, 24 July 2007 23:15

Written by Kevin Wilson

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Why implement EDI?

• Improves data accuracy: You can eliminate the need to re-enter data from paper documents and thus prevent potential data entry errors. It is estimated to be one-tenth the cost of handling its paper equivalent.

• Reduces technical complexity: With EDI, companies use standardized data formats to exchange documents. EDI allows companies using different systems to achieve computer-to-computer electronic exchange of business documents.

• Lowers personnel needs: EDI can help companies reduce the need for personnel involved in paper business transaction processing.

• Accelerates information exchange: The lead time between start and completion of order processing is greatly reduced. By timeous scheduling companies can plan production more accurately and thus reduce stock inventories.

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