EDI software for your business
EDI can offer a host of benefits for your business, helping you to optimise processes through automation, while maximising growth and profits. To get the most out of your investment in EDI, it is important to choose EDI software that integrates into your existing business systems and has the features you need, both now and in the future.
What is EDI software and what features do you need to look for when choosing EDI software for your business?
What is EDI?
EDI stands for Electronic Data Interchange. It refers to the secure, automated exchange of electronic documents between businesses, using a standardised format to allow the computer systems on both sides to communicate with each other. Without EDI, many processes and transactions must be carried out manually, using time-consuming processes with a high cost and risk of human error.
EDI Software Comparison
When looking for EDI software for your business, it’s important to compare key factors such as the cost, features, and integration capabilities with your current system, as well as the level of support provided by the EDI provider, and their experience and reputation, particularly within your sector.
Key Features of EDI Software
To ensure your business gets the most out of your EDI software, it’s important you find a solution that optimises automation, while meeting your business needs in an efficient and cost-effective way. To achieve this, you should look out for the following core features:
For optimum results and ROI, your EDI system must integrate effectively into your other business and accounting systems. This eliminates time-consuming manual processes and, as a result, reduces the risk of human errors. If your EDI system doesn’t integrate effectively into your existing systems, it will add little value to your operations beyond enabling you to comply with your customers’ EDI requirements.
Multiple areas of the business will need to be able to access EDI messages quickly and accurately. As a result, your EDI software should be user friendly and easy to use by teams across all departments.