B2B Data Integration and Transformation Blog

When it comes to electronic payments, there is a virtual alphabet soup: EDI, EFT, FEDI, and ACH. What do they stand for? Are they interchangeable?

EDI, FEDI, EFT, and ACH are not the same. This post clarifies the similarities and differences between them. Here are the details.

In today’s highly globalized world, businesses and even governments need a fast and simple way to transmit payments to one another. What is the solution? The answer is financial EDI.

Thanks to Electronic Data Interchange (EDI), business communication in inventory management is now faster, more accurate and more efficient than in years past. While EDI for inventory management has been in existence for decades, it has undergone significant transformation since its inception–and the pace of its evolution only continues to increase.

The shipping industry is an intricate web of logistics companies, port operators, and customs offices. Every party has a role to play in getting goods from one point of the world to another. Successful freight operations require forwarders to coordinate with everyone along the chain and meet their specific requirements, regardless of systems and procedure variations between partners.

Today's increasingly challenging business climate has placed trucking businesses under immense pressure to make operations more efficient. Consequently, enterprises are increasingly investing in solutions that facilitate faster and more secure data sharing.