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Electronic Data Interchange

2023-02-08 21:20:31

Definition Electronic Data Exchange (EDI) can be officially defined as "transfer structured data from one computer system to another computer system via an agreed message standard without human intervention." It represents the application of computers and communication technologies in the traditional paper business process and supports innovative changes in these processes. This includes exchanging and forwarding business documents such as invoices, purchase orders, shipping notices in standard machine-readable form (CISA, 2008).

EDI (Electronic Data Interchange): - The first introduction of electronic data interchange is to save money and time, enterprises can do business electronically with paper documents, electronic data exchange allows enterprises to We can improve supply chain efficiency and supply. Contacts, companies will not go to paper documents to obtain relevant relevant data. These companies are connected via electronic data exchange, so you can move products and services more appropriately. They can create "timely inventory" and ship it, eliminating "stock for just in case" demand. When the supplier accesses the company / enterprise database, we are not interested in the company's annual financial reporting and the auditor's opinion. They only require the auditor's warranty and warranty, and the information provided in the database is accurate, relevant and complete.

Electronic Data Interchange (EDI) is an electronic exchange of business information in a systematic form, a process that allows companies to send information electronically to other companies rather than written records. An organization that conducts business electronically is called a trading partner. These trading partners can freely use any method or program to transfer files. EDI streamlines the communication channels between these trading partners, makes the entire document and data exchange electronic, enabling companies to enjoy the benefits of online data exchange.