Integrated EDI Will Make Your Business Hum

Integrated EDI will make your business even better than it is. You don’t have to take our word for it. Research predicts it. Many companies in the next six years will improve their operations significantly by adopting the tried-and-true technology.

And the more that adopt EDI to improve efficiency, the more they will require you to adopt EDI to do business with them.

According to Orbis research, demand for EDI is partially driving a predicted boom in the digital logistics technology market. As organizations look to increase efficiency and lower costs in their supply chains, sales of technologies such as RFID and integrated data are expected to grow from $10.26 billion in 2016 to $16.36 billion in 2022.

In other words, everybody’s doing it. So, why not hop on board?

Integrated EDI is Better

The fact is, EDI serves as a mainstay of transaction processing in the B2B space. It’s just how a lot of big companies did it for decades. After all, EDI made transmitting documents a lot easier for them to manage than paper.

The EDI (electronic digital interchange) protocol simply standardizes transmitted data. It grew up in the 1960s. And it proved the best way to sort through thousands of invoices and orders.

Standard EDI required a lot of time and money to set up, test, and maintain. Consequently, the process took months to finish. And it could cost a business tens of thousands of dollars a year.

Also, companies traditionally siloed their EDI system. To track purchase order or invoice data required heavy administration. At the very least, you copied the EDI data into your inventory your accounting systems to stay on top of things.

Thankfully, there is integrated EDI. If EDI improves efficiency by eliminating paper, integrated EDI accelerates efficiency by eliminating multiple systems for tracking sales and inventory.

And a solution with integrated EDI, moreover, eliminates the added cost of setting up and maintaining a separate EDI solution.

So, if you find yourself doing business with a company that adopts EDI, make life easier on yourself, and less expensive, with EDI baked-in to your inventory management solution.