What are the advantages of EDI

EDI continues to prove its significant business value by reducing costs and increasing speed, accuracy and enterprise effectiveness.

The biggest advantage of EDI comes from the strategic business level.

According to research results from Forrester, EDI continues to prove its value as an electronic data model.

The study states that "global EDI transaction volume exceeds 2 billion annually and continues to grow." For buyers who process high volumes of transactions, using EDI can save millions of dollars annually.

From a financial perspective alone, the implementation of EDI brings impressive benefits.

Exchanging electronic documents increases transaction speed and visibility while reducing the expense of manual processes.

But cost savings are far from the only benefit of using electronic data interchange.

When you use EDI electronic transactions, the costs associated with papermaking, printing, copying, storage, filing, postage and document retrieval are reduced or eliminated, reducing costs by at least 35%.

The electronics manufacturer calculated that it would cost $38 to process an order manually, compared with $1.35 to process an order using EDI.

Errors such as illegible faxes, missing orders, or incorrect phone orders are all dealt with, saving your staff valuable time in data processing disputes.