A EDI 845 Price Authorization Acknowledgment/Status is a type of electronic data interchange transaction set that transmits specific data dependant to the status of / or changes to outstanding price authorizations. EDI 845 enables a vendor or manufacturer in the transmission of specific data which is related to the status or any kind of changes associated with the authorization of outstanding prices. This document is most commonly used in the pharmaceutical industry but can also be used in any manufacturer-distributor relationship.
This electronic document complies with the ANSI X12 EDI specification.
Reduced Manual Effort
Improve Cash Flow
Eliminate Errors
The 845 document includes:
The EDI 845 X12 Transaction set is used to transmit specific data related to the status of or changes to a contract to retailers and distributors in an industry-standard specified format.
The American National Standards Institute (ANSI) chartered the Accredited Standards Committee (ASC) X12 to develop uniform standards for inter-industry electronic exchange of business transactions, namely electronic data interchange. ASC X12 also contributes to UN/EDIFACT messages that are used widely outside of the United States.
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