THE FUTURE OF BUSINESS IS DIGITAL CREATE EFFICIENT & PAPERLESS WORKFLOWS WHAT IS EDI? The transmission of information between people can be fraught with delays, errors, misinterpretations, and security breaches. Electronic Data Interchange (EDI) is the computer-to-computer exchange of documents, o ering a secure, encrypted alternative to manual paper processing and supply chain tracking. EDI ALLOWS FOR SECURE, PAPERLESS & FAST DOCUMENT EXCHANGE Electronic Data Interchange (EDI) is the virtual exchange of data or business documents in electronic format between trading partners, particularly buyers and their suppliers. By transferring purchase orders, invoices, payments, shipping notices and various other documents via an EDI, users eliminate paper waste, improve operational e ciency and enhance virtual exchanges with new trading partners around the world. HOW IS EDI USED? Created to ease the management and flow of transaction information, Electronic Data Interchange systems can handle and transmit any business document data such as: • Purchase orders • Invoices • Order acknowledgement • Shipping notices Buyer EDI Purchase Order EDI Order Response & EDI Invoice Seco Tools Buyer sends EDI Automized process: – Checks stock level – Sends order – Receives response – Posts invoice 2 Seco Tools Automized process: – Handles the order – Sends an order response – Generates an invoice
Download PDF file
Build your own flipbook