Why Do You Need EDI Services? - PowerPoint PPT Presentation

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Why Do You Need EDI Services?

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There are many such reasons that make it mandatory for businesses to avail EDI Services. – PowerPoint PPT presentation

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Title: Why Do You Need EDI Services?


1
Why Do You Need EDI Services?
2
 There are many such reasons that make it
mandatory for businesses to avail EDI Services.
  • Processing Speed Increases
  • Costs are Reduced
  • Reduced Errors
  • Improves Relations with Business Partners
  • Promotes CSR

3
Processing Speed Increases
  • Businesses used to exchange data using fax before
    the introduction of Email. The introduction of
    Email increased the speed to a considerable
    level. However, sending an email requires for a
    person to carefully draft an email with all the
    necessary details.
  • Why waste precious time on such ordeals when the
    data can be transferred at a lightning fast
    speed?
  • Yes, you read it right. The data transfers do not
    require any human interaction. They are exchanged
    automatically between computers.

4
Costs are Reduced
  • First of all, the time saved during data
    transferred could be utilized for productivity.
    Secondly, it reduces the cost incurred on the
    resources involved in the process of document
    exchange. Most importantly, EDI
    integration reduces cost on the execution of
    workflows.

5
Reduced Errors
  • The possibility of errors during the transfer of
    documents through emails is always high. The
    person required to transfer the documents might
    make several mistakes. On the contrary, the
    chances of errors are reduced substantially with
    the automation of the transfer process. It is
    because the data is entered once and is stored
    online for further operations. 

6
Improves Relations with Business Partners
  • It becomes easier and more cost effective for
    companies to conduct business with an EDI
    compliant company. The relations with the
    business partners improve tremendously as both
    the partners work in proper synchronization for
    the growth of business and mutual profits.
    Another factor pertaining to the improved
    relations is increased accuracy of retail
    scanning which is made easier through EDI
    Services.

7
Promotes CSR
  • When a company adopts EDI, it not only reduces
    the cost spent on papers, but also saves a lot of
    trees required for making papers. Saving trees
    means saving the environment. By saving trees
    they are fulfilling their Corporate Social
    Responsibility or CSR.
  • These are some of the most important factors that
    validate the need of EDI services for businesses.
    Apart from being efficient and cost- effective,
    these services are also very reliable. 

8
Information Source
  • www.cogentialit.com

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