Efficiently Add Electronic Data Interchange (EDI) to Your Business
Nov 6, 2020
Utilizing Electronic
Data Interchange (EDI) services can provide a substantial cost-savings for
businesses, as well as enhance business-to-business communication. EDI also
helps to increase efficiency throughout your organization. Many businesses
accomplish these improvements by partnering with an EDI processing expert. EDI
can help increase the efficiency of your business through the following:
Improve the processing speed and accuracy of document movement. Document movement is the
heart of procurement, ordering, invoicing, and other related processes.
Partnering with an expert EDI processing organization, your business will be
able to enable speedy, accurate, and touchless handling of documents from
beginning-to-end. Adding EDI will allow you to eliminate time consuming manual
data entry, which is never completely dependable.
Utilizing EDI allows your business access to working with a
variety of other businesses. Many
organizations today only use EDI to transmit documents from business to
business. That said, if your business is not meeting data transfer EDI
standards, doing business with EDI integrated companies will not be a choice.
Becoming EDI capable is your best option for optimal data transfers &
expanding your organization.
Partnering with an EDI expert is your best bet to smooth,
successful EDI integration. Typically, it is more cost-effective to
outsource EDI entirely to an EDI service provider, such as Integration, Inc. Once your business is EDI capable on
Integration, Inc.’s system, they will ensure that your EDI transactions are
100% compliant with all of your EDI with trading partners. Each
industry holds their own set of EDI exchange regulations and working with an
EDI expert partner will keep your business on the right track for complying
with the EDI standards necessary for your specific industry.
Choosing
the Right EDI Outsourcing Company for My Business
Outsourcing EDI adds to
cost-savings by streamlining the process even further, but with more than half
of an organization’s revenue being processed through EDI operations, it makes
processing EDI correctly vital to the success of a business. EDI processing for
many businesses is quite intricate and requires advanced knowledge of EDI
processing operations to be accomplished correctly. Is this something you feel
can be completed correctly in-house? Many businesses admit it is not.
Regardless of whether you develop your EDI
infrastructure in-house or outsource your EDI to an expert partner like Integration, Inc., you will still need an EDI VAN (value-added network) provider,
which is a network that “meets the security requirements to exchange EDI
documents with trading partners.” [Definition]
By choosing the right
EDI outsourcing expert partner, your business may be able to further increase
cost-savings, data productivity and processing accuracy. Integration, Inc. is a trusted, expert
EDI partner providing exceptional services to businesses nationwide. Consider
the following when searching for the right EDI partner for your organization:
Is the EDI provider experienced?
How many EDI processing relationships does this business have?
Can they offer you EDI processing references or customer testimonials?
Is there EDI processing support available? What is the availability of that support?
Does the EDI outsourcing company keep in contact with your trading partners to guarantee changes are processed correctly and without issue?
Who works directly with the trading partners, you or the EDI partner?
How does the outsourcing company handle various EDI formats?
What file formats do they accept?
Do these requirements work for your business?
Will you need to change the file type you currently use?
Is the outsourcing company able to process and handle the mapping for all the formats and transaction types you need?
Who completes any mapping updates to meet trading partner requirements?
Who responds to incident reports?
How long does it take to make changes to EDI maps?
Is there any additional cost for any changes that occur?
By considering the
previously mentioned questions, you should have the knowledge you need to make
an informed decision for your company and its EDI processing needs.
Integration, Inc. is an
expert technology company that is dedicated to increasing EDI efficiency and
reducing the cost of doing business electronically. Integration, Inc. has
created seamless connections between trading partners (customers and
suppliers), which allows the Integration, Inc. team to share shipping,
receiving, and billing information in a secure, effective and cost efficient
manner for every EDI account.
Offering clients over 20 years of
experience in providing EDI services to thousands of companies, the
Integration, Inc team is here to help each business achieve the following:
Compliance with all of your EDI trading partners (all transactions)
Cost effective method to comply with your EDI requirements
Low cost solution without any in-house EDI experience required