Define Cloud EDICloud EDI is a modern approach to electronic data interchange (EDI) that leverages cloud computing technology to facilitate the exchange of business documents and data between organizations. EDI is a standardized method for transmitting business information electronically, such as purchase orders, invoices, and shipping notifications, in a structured and machine-readable format.
Top 4 Cloud EDI Benefits
Reduce errors. If you’re sending invoices to multiple customers, there’s a good chance you’ll make mistakes when entering the information into your system. With cloud EDI you can easily correct any mistakes before sending the invoice.
Improve customer satisfaction. Customers appreciate receiving invoices via email instead of snail mail. They also appreciate being able to pay bills online rather than waiting for checks to arrive in the mail.
Avoid delays. Sending invoices through cloud EDI eliminates the possibility of delays caused by lost or damaged shipments.
Send and Receive Data Anytime, Anywhere
Cloud EDI makes it easy to send and receive data anytime, anywhere. This means you can access your data from any device at any time. You can even work with other people who aren’t physically located near you.
No Need to Install Software or Maintain IT Infrastructure
Cloud EDI, eliminates the capital expense of purchasing and upgrading hardware/ software – an ongoing cost as the business needs to maintain constantly evolving technology. Cloud EDI eliminates the need to constantly buy and upgrade software. All you need is a web browser and an internet connection.
Gain Control Over Your Data
With cloud EDI, you gain control over your data. Instead of storing documents on paper or on a computer hard drive, you store them online. This means you can access your files anytime, from anywhere. The cloud also provides an effective business continuity/disaster recovery data protection solution to ensure critical data is always available.