Electronic Data Exchange (EDI)

In today's economy, companies cannot grow and prosper using pen, paper and fax. Manual processes slow down the efficiency of the business, not to mention the challenges they pose for record keeping and reconciliation. Many large retailers will not purchase goods from vendors they cannot communicate with electronically. The ability to connect electronically is crucial for many global companies.

Electronic Data Interchange, or EDI, is commonly defined as the computer-to-computer electronic exchange of business documents in a standard format in an effort to eliminate the need for paper documents and their associated costs and delays. This standard format is then mapped back into a company's back-end Enterprise Resource Planning (ERP) software so purchase orders, invoices, advanced shipping notices (ASN) and other documents can be generated through the regular accounting process. Once that document is generated in the ERP it is translated to a standard EDI document using EDI software, then submitted to a trading partner via a Value-Added Network (VAN) or via real-time communication solutions like AS2.

For smaller companies, or companies that do not work with a lot of trading partners requiring EDI, there are internet options for electronic data interchange. For larger companies, there are software solutions or a complete outsourced offering.

Inovis offers solutions for every step in the process. These flexible, scalable solutions deploy rapidly to connect you and your trading partners, from Global 2000 juggernauts to Mom & Pop corner shops. Whether you only need to connect with a few partners and don't want to purchase a software solution, or you need a software solution as well as a VAN or real-time communication solution, or if you want to become even more efficient and outsource your electronic trading to someone else, Inovis has a solution to fit your needs.