Just to give you a real-world of example of electronic data interchange (EDI), First Dearborn Life Insurance Company has just announced a new system allowing employees to make their group life insurance beneficiary designations without completing a paper form.
Employees will have access to the system 24 hours a day, 365 days a year.
Tony Trani, president and CEO of First Dearborn said in a press release “It will lower costs by eliminating paper and utilizing a more efficient online process. It will give employers a well-organized management system that provides clear-cut, secure records of employee beneficiary designations.”
See this article at TechWeb.
Learn the ins and outs of how an EDI system like this would work for you at the information technology knowledge center ITStaffing-e.org today!