How EDI Is helping Enterprises in, Making improvements to B2B Operations?
Electronic Data Interchange (EDI) powers enterprise-wide distributed business models with real-time connectivity that business partners need for collaboration. Smoother EDI allows easy data exchange with business partners and boostsproductivity & efficiency across supply chain. Despite rumors of death, EDI solutions have shown a great resurgence and successfully jumped through new hoops.
The benefits of EDI are quite clear, it provides common standards for data interchange and data translation. EDI solutions have taken great strides and are poised to change the supply chain operations forever. Cloud-based EDI architectures have become easy to be deployed. After being deployed, they identify the transaction type that gets translated into a standard, i.e., EDIFACT, ANSI, X12, and processed via a communication system, OFTP, Web Services, etc.
Managed service delivery model of EDI is enabling companies to support diverse connectivity use cases and address technology and business needs. Enterprises that were handling 90,0000 invoices per year can now handle 700,000 invoices with the same headcount. Here are some leading benefits of an EDI Solution:
Standardized B2B Operations: An EDI solution delivers powerful capabilities to standardize and scale B2B operations. IT provides a universal format for B2B data exchange. API based solutions that need heavy IT intervention for building connections cannot address this need. Skilled developers waste months of time for building interfaces for partner data exchange. An EDI solution can help enterprises in automating the labor-intensive activities and allowing IT to focus on other important tasks.
Real-Time Collaboration: EDI provides a collaboration platform that puts enterprises on a faster path to commercial documentation. The solution enables partners with inventory visibility, drop ship fulfilment and mobility. Suppliers can avert stock outs with timely information on inventory. They can analyze the sell through data and identify which regions are performing better. Better collaboration between suppliers and partners allow teams to envisage a better promotional strategy.
B2b Integration: Advanced EDI solutions enable start-to-end b2b integration for seamlessly moving order and invoice information among trading partners. It provides a consolidated integration view of hybrid computing environment where ERP, and other cloud and on-premise applications run in parallel.
There are many business benefits of using an EDI solution. A next-generation EDI solution can help you set up a holistic environment for transformation, orchestration, and IT governance.
It is important to consider the breadth of service while evaluating an EDI solution. Self service, better customer experience, EDI integration, and efficiency are some of the elements that can put your business on the path to success. You can try Adeptia’s EDI integration solution for B2B integration. In simple and non-technical ways, it allows business users to automate data flows, generate EDI messages and integrate them with enterprise systems.