EDI - Electronic Data Interchange

EDI (Electronic Data Interchange) means standard format business documents exchange between two partners (for example between a retail chain and a supplier). Today, companies usually draw up their business documents (orders, invoices, delivery notes, etc.) in their ERP system. These documents can be directly sent into the partners’ computer system via EDI connection. The two most widely used standard formats are the American X.12 and the European EDIFACT (Electronic Data Interchange for Administration, Commerce and Transport) These standards have been developed for use independently of sectors and still under developments.

Advantages of the ECOD services

• order processing time is reduced
  therefore less human interactions  is necessary
• safer invoice control
  more accurate invoicing, fewer incorrect invoices
• having the errors minimized, the accuracy and reliability will be increased
  production and follow up of  all documents is a rapid and regular process, so the customer service become more effective and the customer satisfaction increase
• Time and cost savings
  There is no need to print documents

Benefits of EDI-related services system supplier companies

• low investment costs
• simple integration to the existing system of the supplier
• minimal system requirements
• ready solution (ECOD, ECOD Archive, ECOD Agent, ECOD Distribution, ECOD DataShare)
• minimal internal resource (both the introduction of the system and the workflow)
• fast traineeship (WEB-EDI)
  

Payback period

• in case of Web-solution short payback period (invoicing can be solved within the ECOD)
• Integrated high-users even in a rapid return (within a short period of time the paper based documentation can be omitted)