Electronic data interchange (EDI) is a technology that enables the exchange of business documents between two or more organizations in a standardized electronic format. It eliminates the need for manual data entry and paper-based communication, reducing errors and increasing efficiency. EDI allows for the seamless transfer of information such as purchase orders, invoices, and shipping notices, improving supply chain management and reducing processing time. It also enables real-time tracking of transactions, providing greater visibility into business operations. EDI can be integrated with other systems, such as enterprise resource planning (ERP) software, to further streamline processes and improve data accuracy. Overall, EDI is a powerful tool for businesses looking to improve their operational efficiency and reduce costs.
