EDI is data transfer from one computer system to another without human intervention. This data can be transferred between systems via a direct connection or a third-party service provider. EDI is commonly used to exchange business documents such as purchase orders, invoices, and shipping notices.
EDI has been used for many years to streamline business processes and reduce the need for paper documents. By using EDI, businesses can avoid the delays and errors that can occur when human beings are involved in data transfer. EDI also allows companies to automate their processes, further improving efficiency.
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SMEs are the backbone of the economy. SMEs account for 99.7% of businesses in regions like Europe and the U.S. and employ over 60% of the workforce. But even though they're critical to economic growth, SMEs often struggle to manage even the most basic tasks, like finances, customer data, inventory, or employees. This struggle is partly because most small businesses don't have the resources to invest in enterprise-grade software solutions.But...Related SIX ERP Solutions:
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