If you’re like some folks, you’ve probably heard of EDI but aren’t exactly sure what it is, what it does, or what benefit it can offer your company. In this article, we define EDI, evaluate its benefit, and take a quick peek at integrated EDI solutions that are available for your Sage ACCPAC ERP software.
So What is EDI Anyway?
Electronic Data Interchange (EDI) is the process of electronically exchanging data, or more specifically business documents, between companies. Business documents might include Orders, Invoices, Acknowledgments, and Advance Shipping Notice. EDI transmissions generally contain the same information that would be included in the “paper” version of the document. It’s essentially an electronic conversation between two businesses … or more accurately, between two business systems. Companies that send or receive documents from each other are referred to as "trading partners" in EDI terminology.