B2B Data Integration and Transformation Blog

The world’s ever-increasing demand for electrification and other power systems mean that the energy sector, already critical, will only become more so in coming years. For seamless operations, the industry has had to prioritize the integration of cutting-edge technologies. Enter Electronic Data Interchange, a transformative solution that will help the energy industry overcome numerous coming hurdles.

EDI (Electronic Data Interchange) makes it easier for organizations to share business documents and other information. Companies use this standardized, electronic method of exchange to replace legacy, paper-based processes or even outdated EDI systems. The advantages EDI offers makes it critical for modern business operations. The American National Standards Institute (ANSI) began to regulate EDI in 1979, and by 2001 a global standard emerged.

Whether you are building a new team or adding to your existing team, you need the right professionals to staff it. Yet, if you are unfamiliar with what EDI professionals do, how do you know if you are choosing the right ones? You cannot afford to make the wrong choice.

Electronic Data Interchange (EDI) is the digital exchange of business documents between two companies. The information exchanged via this standardized electronic format includes purchase orders, invoices, and sensitive business information. Before the advent of EDI, companies needed to mail and fax paper documents as their main way of exchanging needed information. EDI replaces legacy, paper-based methods allowing businesses to improve operational efficiency, process transactions faster, and reduce errors. EDI greatly increases the speed at which information is exchanged. 

Increasingly, digital transformation and Industry 4.0 dominate the modern business landscape. That means seamless data integration has become a critical piece of organizations’ growth strategies.