Question

Define EDI with 3 benfits

Answer 1

Answer:

Minimal paper usage. EDI reduces associated expenses of storage, printing, postage, mailing and recycling.

Enhanced quality of data. EDI minimises data entry errors, improves accounts payable/receivable times as processes become streamlined and can be used for forecasting.

Improved turnaround times.

Answer 2

Answer:

EDI is the electronic interchange of business information using a standerdized

format;a process which allows one company to send information to another company electronically rather than with paper.

Explanation:

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