EDI is a standard format for exchanging business documents electronically between two or more organizations. It allows the exchange without the need for any manual data entry. Consequently, and by reducing paperwork, EDI provides a cost-effective way to streamline business processes.
Global EDI standard examples:
The most common global EDI standards include ANSI X12, EDIFACT, and TRADACOMS. Each is used to exchange business documents like purchase orders and invoices between trading partners. Other examples of global EDI standards include XML, ebXML, RosettaNet, and Odette.