EDI Management

Electronic data interchange (EDI) replaces cumbersome, paper-based processes and facilitates the electronic data transfer between systems for transactions such as orders, packaging instructions, shipping instructions, shipping messages and invoices—doing so with little human intervention. EDI automates routine tasks, eliminates data entry, speeds up order and transaction processing and increases accuracy. Did you know that more than 85% of all electronic transactions conducted in the world use EDI technology?

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Cost savings

Without a system handling frequent, large-scale orders, trading can become a very time-consuming and costly operation. With EDI management software, manual data entry is almost eliminated, both processing times and transaction times are shortened, while the chance of errors decreases. Cost savings can depend on the level of implementation, but it can be as high as a 90% saving in comparison to the same process done with paper documents.

Since EDI has been around for a long time, organisations are often confronted with multiple challenges:

• Inflexible, legacy EDI systems that are not able to integrate with contemporary cloud-based applications
• Inability to support business initiatives for mobile applications and API connections
• Complicated problem solving and error recovery
• Lack of end-to-end visibility of the supply chain
• Slow partner on-boarding

Today’s market is too dynamic for old EDI tools

New cloud integration platforms, such as Boomi, enable organisations to reap the full benefits of EDI while eliminating the costs and complications that come with running traditional B2B networks. For companies, the EDI software must be compatible with their existing ERP system. For example, the EDI transactions are included directly in the ERP.

Using both traditional EDI and newer web service protocols, with Boomi B2B Management, you can effectively integrate with your B2B partner network, including suppliers and distributors.

Benefits