X12 - What are EDI transactions?

Q: What are EDI transactions?

Electronic Data Interchange (EDI) is the electronic interchange of business information using a standardized format; a process which allows one company to send information to another company electronically rather than with paper. Business entities conducting business electronically are called trading partners.

Answer

The term "Electronic Data Interchange" (EDI) refers to a method wherein two businesses may transfer data digitally instead of physically exchanging paper documents. Traders and companies that do business online are known as trading partners.

X12 - What are EDI transactions?

Other useful ERP terms

AI suggestions