EDI is the computer to computer exchange of business documents using standardized
forms. The use of EDI enables companies to transmit electronic versions of documents such
as purchase orders, shipping notices, and invoices to Trading Partners (other companies
engaged in EDI) anywhere in the world within minutes. Today more than 50,000
companies throughout the U.S. have implemented EDI. The number of companies is
predicted to quadruple within the next six years.
EDI has proved to be more efficient, more accurate and more
cost-effective system than a paper-based system for managing business
documents. If implemented effectively, EDI can turn your company into a
virtually paperless environment.
EDI can solve many of the problems associated with paper-based
information systems. Here is a look at some of the advantages of using
1. Time Delays are greatly reduced. In a paper-based transaction
system, delays occur due to the physical movement of paper documents and the need to
re-key information. These delays can result in ordering delays, billing delays and payment
delays. An EDI transaction system transfers information electronically quickly. This
enables a firm to more accurately forecast cash flow as well as implement cost reduction
programs such as a Just-In-Time (JIT) inventory system.
2. Errors are reduced significantly. Because
the same information is keyed multiple times, paper-based systems are
error-prone. With one-time keying of EDI, these errors can be largely
3. Labor cost are reduced. In a paper-based
system, manual processing is required for data keying, document storage and
retrieval, document matching, envelope stuffing, etc. The labor costs
associated with this type of manual document processing can be very expensive.
4. Paper and mail costs can be reduced. The
cost of paper and postage that relates to a paper-based system is non-existent
in the transmission of documents using EDI.
5. Increased business opportunities. Companies that have
implemented EDI have created restrictions on the types of companies as a first choice.
Companies without EDI technology will find it harder and harder to compete in their
Today, with federal mandates and global competitive forces driving increased
utilization of EDI, CPI is focused on helping companies adopt and adapt to EDI technology.
As an active member of the American National Standards Institute (ANSI), Accredited
Standards Committee X12, CPI brings the benefit of our nationally recognized expertise to
CPI's EDI services are right for any size company...
For the smaller company, reacting to the EDI requirements of a
larger corporate trading partner, CPI offers Data Interchange Business
Services (DIBS), Designed to preserve working capital
and hard earned customer relationships.
For the mid-sized company seeking to
increase market share through EDI participation, CPI can offer insights to
existing trends and emerging requirements that can maximize your return on
For the larger company, CPI provides strategic planning and
utilization analysis services, assistance with a Value Added Network (VAN) selection, coordination of
roll out with smaller trading partners, and ongoing monitoring services.
For any size company, CPI provides EDI outsourcing services
freeing valuable resources for other critical tasks. In addition, CPI designs custom
solutions to suit your specific needs. This combination allows your company to take full
advantage of the power of EDI.
Contact us today at Sales@comprompt.com