B2B Data Integration and Transformation Blog

The pandemic had a significant impact on the way companies conduct business. Over 3 years later, the post-pandemic economy continues to influence business processes including EDI (Electronic Data Interchange), MFT (Managed File Transfer), and API (Application Programming Interface) solutions with managed EDI services emerging as the most important.

To achieve the streamline operations and sustainable growth that can result from using electronic data interchange, your organization will need to effectively manage its EDI processes. Doing this requires deep expertise and knowledge of instituting efficient practices, making a partnership with an experienced EDI managed services provider invaluable.

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.

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. 

Today, effective supply chain management is crucial to business success. As companies seek to make their way around the complexities of global markets and ever-increasing customer expectations, it’s become imperative for them to modernize their supply chains. In this article, we’ll get into supply chain modernization, focusing on the pivotal role of integration and Electronic Data Interchange services.