Title: Benefits of EDI | EDI Basics
Headings: Benefits of EDI
Benefits of EDI
EDI cost savings
EDI improves speed and accuracy
EDI’s effect on business efficiency
EDI’s impact on business strategy

Content: EDI improves speed and accuracy
EDI can speed up your business cycles by 61%. Exchange transactions in minutes instead of the days or weeks of wait time from the postal service
Improves data quality, delivering at least a 30—40% reduction in transactions with errors—eliminating errors from illegible handwriting, lost faxes/mail and keying and re-keying errors
Using EDI can reduce the order-to-cash cycle time by more than 20%, improving business partner transactions and relationships
EDI’s effect on business efficiency
Automating paper-based tasks allows your staff to concentrate on higher-value tasks and provides them with the tools to be more productive. We explore this topic in depth on our paper-based vs EDI transactions page. Quick processing of accurate business documents leads to less re-working of orders, fewer stock outs and fewer cancelled orders
Automating the exchange of data between applications across a supply chain can ensure that business-critical data is sent on time and can be tracked in real time. Sellers benefit from improved cash flow and reduced order-to-cash cycles
Shortening the order processing and delivery times means that organizations can reduce their inventory levels
EDI’s impact on business strategy
Enables real-time visibility into transaction status. This in turn enables faster decision-making and improved responsiveness to changing customer and market demands, and allows businesses to adopt a demand-driven business model rather than a supply-driven one
Shortens the lead times for product enhancements and new product delivery
Streamlines your ability to enter new territories and markets. EDI provides a common business language that facilitates business partner onboarding anywhere in the world
Promotes corporate social responsibility and sustainability by replacing paper-based processes with electronic alternatives. This will both save you money and reduce your CO2 emissions
1. Vollmer, Ken. Forrester, “The Future of EDI.”