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Advantages of EDI
EDI was developed to solve the problems inherent in paper-based transaction processing and in other forms of electronic communication. Implementing EDI system offers a company greater control over its supply chain and allow it to trade more effectively. It also increases productivity and promotes operational efficiency. The following are the other advantages of EDI.
● Improving service to end users
● Increasing productivity
● Minimizing errors
● Slashing response times
● Automation of operations
● Cutting costs
● Integrating all business and trading partners
● Providing information on process status
● Optimizing financial ratios
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