Electronic Data Interchange (EDI) can help with this while giving your team the competitive advantage it needs in the business world. If you’re new to EDI compliance or your company is considering becoming EDI compliant, you’ve come to the right place. Our experts break down EDI compliance and how it can benefit your organization in this guide.
When a business is EDI compliant, it has the ability to send and receive electronic documents in the type of format required by its retail partners. EDI compliance helps ensure that all of your business’s systems are speaking the same language as your vendors and logistics partners.
To be EDI compliant, businesses need the right software. EDI software uses a standard data format to help conduct automated order processing and inventory management.
The old saying is true: Communication really is everything. EDI compliance connects your business with trading partners and opens up a world of opportunities. When a company is EDI compliant, it can benefit from:
Industry | How EDI Compliance Can Help |
---|---|
Industrial Manufacturing | Improved tracking and processes, eliminated fines and chargebacks |
Retail, Consumer Packaged Goods, Grocery | Ensured compliance, reduced discrepancies and improved productivity |
Suppliers | Easily send and receive invoices, purchase orders, advanced shipping notices and more |
Healthcare | Transaction data is transparent and accessible for regulating entities |
Transportation | Improved accuracy, timeliness and real-time processing of incoming and outgoing shipment |
Logistics & Distribution | Tracked shipping orders and invoices at all stages of fulfillment |
General Business Services | Enhanced invoice processing, auditing, analytics services |
If you’re ready to become EDI compliant and advance your business, 1 EDI Source software is here to help. As the leading EDI provider and innovator for over 30 years, 1 EDI Source is proud to offer premium software solutions that help your team achieve success. It’s our mission to empower our clients with EDI compliance that eliminates common workplace issues like not meeting your customers’ needs, difficulty communicating with trading partners and more. Get ready for faster processing, increased accuracy and better communication. For more information on EDI transactions and how you can benefit, download our free EDI Buyer’s Guide or contact an EDI specialist today. We look forward to assisting you!
EDI compliant businesses reap many benefits in their industry and thrive in highly competitive markets. Want to learn more about becoming EDI Compliant? Check out these blog posts and articles with more information on becoming EDI compliant with top retailers and more.