What is EDI?
April 3rd, 2007EDI stands for Electronic Data Interchange. It is a documented standard that allows the transfer of data between different companies and their own proprietary networks. EDI defines the language that companies use to talk to each other and conduct business with each other electronically. EDI is very important. It provides a standard method for companies to buy, sell, and trade with one another. EDI is an ANSI documented standard for doing electronic business. Many larger corporations use EDI extensively and require that those who do business with them to use EDI as well. For many smaller and mid-size companies, following EDI standards is a part of doing business. EDI standards mirror what you would expect to see on paper documents.
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