Asked by: Yovana Chekhoevtechnology and computing computer networking
What is EDI example?
Last Updated: 29th January, 2020
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Moreover, what is EDI explain?
Electronic Data Interchange (EDI) istheelectronic interchange of business information using astandardizedformat; a process which allows one company to sendinformation toanother company electronically rather than withpaper. Businessentities conducting business electronically arecalled tradingpartners.
Beside above, where Can EDI be used? EDI has been used in the past primarilybyautomotive and retail businesses, however in the past fewyears,the format has been more widely adopted. Manufacturing,healthcare,pharmaceutical, utility and construction companies aregoodexamples of EDI clients.
Similarly, you may ask, what is a EDI payment?
“EDI” means ElectronicDataInterchange. EDI is a data format that is usedformachine-to-machine exchanges of data and messages for a rangeofpayment and related processes. In the paymentsworld,EDI can be used to format invoice andremittanceinformation.
What is EDI standard?
EDI standards are the requirements for theformatand content of EDI business documents. EDIstandardsdetermine the correct order and location of the unitsof data in anEDI document. A transaction set in the EDIStandardis comparable to a paragraph or adocument.