Benefits of Internet EDI
Internet EDI permits thousands of companies worldwide to communicate and process secure business transactions. Secure electronic data transmission, especially over the Internet, allows organizations to conduct business much more quickly compared to paper transactions. For example, turnaround times of business transactions are decreased when conducted electronically. With AS1, data is transferred swiftly via email. With AS2, data is transferred almost instantaneously because it uses direct HTTP transfers.
In comparison to a Value-Added Network or paper data exchange, Internet EDI offers many advantages:
- Improved business processes: Electronic communication eliminates mounds of paper, reducing transaction turnaround times and automating existing processes.
- Offers near real-time transaction processing
- Provides immediate transaction receipt acknowledgment
- Runs up to 200 times faster and more dependable than bisync
- Speed and quality: By using Internet EDI, versus a VAN or paper, business information is transmitted in real time with receipt notification and acknowledgment.
- Accelerates and enhances communication with trading partners
- Reduces errors associated with manual data entry
- Improves both speed and quality of transmission
- Ease of system integration: Inbound documents can automatically be routed to your internal systems via FTP, file copy, JMS (Java Message Service) or IBM Websphere MQ (formerly MQ Series).
- Reduced costs: Internet EDI reduces the high cost of VAN fees and paper (fax, mail, etc.) processes.
- Leverages the Internet
- Significantly reduces transaction costs
- Does not require expensive hardware like bisync
- Interoperability: Using an Internet EDI solution that supports the recognized AS1/AS2 standards provides interoperability between data transmissions.
- Ensures organizations can read each other's data
- Supports compliance requirements
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