Electronic Data Interchange (ЕDI)
What is EDI?
Information in commercial paper documents is generated by computer applications. These paper documents are printed, copied and finally communicated by mail or fax to the business partner. The business partner rekeys all this information into another computer application for processing. This process is extremely slow, costly, inaccurate and unreliable.
The need for a faster, cheaper and more accurate solution for exchanging commercial data has become a significant priority for many companies and organisations.
EDI or Electronic Data Interchange can be conceptualised as paperless trading.
A common and useful definition for EDI is: the transfer of structured data, by agreed message standards, from one computer application to another by electronic means and with a minimum of human intervention.
