What are the benefits of EDI? (4 marks)
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1. EDI can speed up your business cycle by 61%. Exchange transactions in minutes instead of the days or weeks of wait time from the postal service.
2. Improves data quality, delivering at a 30 -- 40 % reduction in transactions with errors -- eliminating errors from illegible handwriting, lost faxes/ mail and keying re -- keying errors.
3. Using EDI can reduce the order - to -cash cycle time by more than 20%, improving business partner transactions and relationships.
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