The EDI platform has been used for a great number of years now to help businesses in the transfer of data between two points. This technology was first used in the shipping industry, and in particular it was utilized for the transfer of cargo and the accounting of said cargo. Over the years the technology has remained largely the same, but we have seen an enormous increase in the number of businesses which now depend on this software in their day to day running of the company.
So what exactly are the benefits of using this kind of paperless transfer of information? Let’s take a look at exactly why it has become so popular.
Green Credentials
So many companies now have requirements around their carbon emissions as well as a customer base which cares deeply about how environmentally friendly they are. This is of course one of the biggest benefits of using an EDI platform because it enables the transfer of data without using paper and without using anywhere near as much energy as sending documents would.
Increased Accuracy
Trading partners have to have a relationship which is based around accuracy and a single, costly mistake is enough to completely break that relationship. It is for this reason why EDI platforms are so great at what they do because through the automation process mistakes are greatly reduced. This ensures great relationships between trading partners and it also helps with saving money for mistakes.
Security
When sending data security is absolutely critical and this is again why using an EDI platform makes so much sense. Only authorized users are able to send information and there is also audit trail options which can be used to further increase the security which is being offered.
Cost Savings
We have already touched on the cost savings which you can make thanks to the increased accuracy which you are going to be able to count on with EDI software, but there are further savings to be made as well. For example the reduction in resources required from paper to envelopes, not to mention the time that the staff will now be able to avoid spending on the sending of information.
Speed
Time is critical in business, especially for those which are in the supply chain, and that is something which can easily be resolved thanks to the way in which EDI platforms operate. Sending information between two points has never been easier or quicker, and orders are a perfect example of this, which can be delivered with rapid speed. This again helps with relationships across the business landscape and you will be able to offer your clients and partners the very best option when it comes to the sending of information.
EDI software is used throughout the business world and this happens because of this great range of benefits which the technology is able to offer. Saving money, increased efficiency and productivity are exactly why so many businesses count on EDI technology. To read more on topics like this, check out the business category.