Electronic Data Interchange (EDI)
EDI (Electronic Data Interchange) is one of the fastest growing and essential requirements for middle market businesses. EDI is a means of transferring and exchanging data between businesses. It is the mechanism for companies to buy, sell and trade their products or materials. EDI saves time and money, expands a business's customer base and improves customer service. The ability to interact and integrate with customers and suppliers using standardized EDI format is a prerequisite for doing business with today's leading merchandisers. Those businesses that have the ability to offer data integration to their customers and suppliers have placed themselves in a far better marketing position than those who do not.
The Main Benefits of Integrated EDI
Having a fully integrated EDI solution creates efficiencies in transactional processing and reduces error rates and charge-backs. Instead of the manual reprocessing of orders, advanced ship notices and invoices, an integrated solution permits the flow of information from external systems into your business management system quickly and easily. With an integrated EDI solution you can:
- Liberate resources from manual data entry and on-going maintenance
- Eliminate data entry errors
- Save time and money
- Improve relationship with your trading partners
- Ensure all of your critical business information is where you need it - in your accounting software
EDI Document Types
There are more than 100 different types of EDI document types in use today, which are common referred to by there 3 digit numeric reference code. Some of the more common document types are:
- 810 invoices
- 850 Purchase Orders
- 856 Advanced Shipping Notice
In order to provide the very best in integrated EDI solutions,
MIBAR.net has partnered with the leading EDI software application
companies to permit a seamless flow of information to and from the
Microsoft Dynamics GP and Accountmate/SQL software applications.
With
more than 10 years of experience and a compliment of certified EDI
professionals MIBAR.net can help your business implement integrated EDI
solutions quickly and efficiently. From project planning and
partner testing to live implementation, MIBAR.net has the relationships
and know-how to help get you on the right track.