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Electronic Data Interchange (EDI) is the sending and receiving of information using computer technology. Its efficiency has made it a condition of doing business in dozens of industries, including retail, transportation, health care, real estate, and government. Any standard business document that one company would exchange with another (such as a purchase order, invoice, shipping schedule, inventory inquiry, and claim submission) can be exchanged via EDI between the two parties, or trading partners.
WHAT ARE THE BENEFITS OF EDI? |