You’ve probably heard this term swirling around when discussing IT solutions for your organization…Electronic Data Interchange, or EDI, is simply an exchange of information between different computer systems within an organization or between different organizations.
Examples abound to the practical uses of EDI and it is most likely a part of everyone’s life in some form or another.
One use that touches most people is in banking – Electronic Funds Transfer (EFT) is a form of EDI commonly used to electronically deposit paychecks, debit consumer bank accounts for ATM withdrawals and purchases and debit bank accounts for mortgage and utility payments.
EDI brings many benefits to an organization, including labor cost savings, time savings and reduction in errors.
Read the article Electronic Data Interchange – The Fundamentals of Business Data Exchange in the information technology knowledge center ITstaffing-e.org for a more in-depth, but simple explanation of what this technology is and how it touches everyone.