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EDI (Electronic Data Interchange)
for
Sage MAS 90, MAS 200, MAS 500, and Sage BusinessWorks
What is Electronic Data Interchange (EDI)?
Electronic Data Interchange
(EDI) is the computer to computer
exchange of routine business
information in a standard format.
EDI transaction sets eliminate
the need to re-enter critical data
in commercial pay systems and
accounting systems. Blytheco
offers 2 EDI software
packages for Sage MAS 90 or Sage MAS
200 to enable
Electronic Data Interchange, RedTail and TrueCommerce.
EDI may be most commonly understood as
the replacement
of paper-based purchase orders with
electronic equivalents.
It is actually much broader in its application
than the
procurement process, and its impacts are far greater than
mere
automation. EDI offers the prospect of easy
and cheap communication of structured information
throughout the corporate community, and is
capable of
facilitating much closer integration among hitherto
remote
organisations.
When you use EDI, it's not necessary for you and
your trading partner to have identical document processing systems.
When your trading partner sends a document, the EDI translation
software converts the proprietary format into an agreedupon
standard. When you receive the document, your EDI translation
software automatically changes the standard format into the proprietary
format of your document processing software.
Benefits of EDI
EDI saves unneccessary
re-capture of data. This leads to faster transfer of data, far
fewer
errors, less time wasted on exception-handling, and hence
a more streamlined business process.
Benefits can be achieved in such areas as inventory management,
transport and distribution,
administration and cash management. EDI offers the prospect
of easy and cheap communication of
structured information throughout the business community,
and between government agencies and
their suppliers and clients.
Benefits to Large Companies
Large companies have
collectively invested billions to automate their business processing
and to integrate it as part of their enterprise resource planning
systems. Over the last decade, much of their commerce-related
transactions are leveraged by EDI.
Use of EDI reduces manual handling costs by several orders of
magnitude, while reducing errors, speeding the exchange of transactions,
and improving cash flow.
More recently large companies have begun to use newer internet –based protocols
to conduct EDI, as well as to provide simpler, web-based alternatives to their
suppliers.
Benefits to Small and Mid-Size Companies
More and more the ability to trade electronically
is a condition for doing business with large companies. The smaller
company's ability to meet the electronic trading requirements
of its large customers not only gives the small company a significant
strategic advantage over its competitors, but helps the small
trading partner attain preferred supplier status with its existing
customers.
Operationally this capability can eliminate fines and charge-backs from the large
customer for the supplier who continues to respond with paper documents and manual
processes. The right solution should also help the supplier to improve productivity
as well as reduce its own internal handling costs.
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| Questions? Please call us at (949) 583-9500 x2500 or email us at
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