16. A system for tracking usage of business data elements, the system comprising: a) means for identifying instances of business data elements in a first plurality of electronic documents being communicated between business entities during a first time duration, each electronic document in the first plurality having a format corresponding to a business communication schema, wherein the business communication schema includes a set of predefined business data elements for use in electronically communicating business data from a first business entity to a second business entity; b) means for tracking usage of the business data elements across the first plurality of electronic documents in the set of predefined business data elements in response to identifying instances of the business data elements in the set of predefined business data elements in each electronic document; c) means for comparing a quantity of instances of the business data elements with threshold values, each threshold value corresponding to a particular business data element; d) means for removing the business data elements from the business communication schema when the quantity of instances of the business data elements is less than their corresponding threshold values during the first time duration; e) means for presenting a user with at least one of the quantity of instances and the business data elements prior to removing the business data elements from the business communication schema based on the quantity of instances being less than their corresponding threshold values; f) means for receiving an instruction from the user to remove the business data elements from the business communication schema; g) means for resetting the quantity of instance based on the quantity being at least equal to the corresponding threshold values; h) means for initiating a second time duration upon resetting of the Quantity; and i) means for repeating the functions of b) through d) for a second plurality of electronic documents being communicated between business entities during the second time duration.
16. A system for tracking usage of business data elements, the system comprising: a) means for identifying instances of business data elements in a first plurality of electronic documents being communicated between business entities during a first time duration, each electronic document in the first plurality having a format corresponding to a business communication schema, wherein the business communication schema includes a set of predefined business data elements for use in electronically communicating business data from a first business entity to a second business entity; b) means for tracking usage of the business data elements across the first plurality of electronic documents in the set of predefined business data elements in response to identifying instances of the business data elements in the set of predefined business data elements in each electronic document; c) means for comparing a quantity of instances of the business data elements with threshold values, each threshold value corresponding to a particular business data element; d) means for removing the business data elements from the business communication schema when the quantity of instances of the business data elements is less than their corresponding threshold values during the first time duration; e) means for presenting a user with at least one of the quantity of instances and the business data elements prior to removing the business data elements from the business communication schema based on the quantity of instances being less than their corresponding threshold values; f) means for receiving an instruction from the user to remove the business data elements from the business communication schema; g) means for resetting the quantity of instance based on the quantity being at least equal to the corresponding threshold values; h) means for initiating a second time duration upon resetting of the Quantity; and i) means for repeating the functions of b) through d) for a second plurality of electronic documents being communicated between business entities during the second time duration. 19. The system of claim 16 further comprising means for monitoring the tracked usage of the business data elements.