Electronic Data Interchange - What are the benefits of electronic data interchange?

Q: What are the benefits of electronic data interchange?

The major benefits of EDI are often stated as speed and accuracy:. EDI can speed up your business cycles by 61%. ... Improves data quality, delivering at least a 30—40% reduction in transactions with errors—eliminating errors from illegible handwriting, lost faxes/mail and keying and re-keying errors.

Answer

Commonly cited as EDI's primary advantages are its speed and accuracy! A 61% improvement in business cycle time is possible with EDI. Eliminates errors caused by illegible handwriting, lost faxes or mail, and keying and re-keying mistakes; improves data quality; and reduces the number of transactions with errors by at least 30–40%.

Electronic Data Interchange - What are the benefits of electronic data interchange?

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