Using Electronic Data Interchange software offers a range of benefits that can transform how businesses operate. From improving efficiency and accuracy to speeding up transactions, Electronic Data Interchange (EDI) empowers organisations to streamline their processes and enhance collaboration with trading partners.
Poll results
In our most recent LinkedIn poll, we asked our respondents to share the biggest benefit of electronic data interchange (EDI) software for their business.
If you use electronic data interchange (EDI) software, what is the biggest benefit for your business?
- Eliminate manual data entry
- Improved efficiency
- Cost savings
- Faster processing of documents
Improved efficiency
60% of respondents highlighted improved efficiency as the top benefit of Electronic Data Interchange software. Automating data exchange reduces bottlenecks, eliminates repetitive tasks, and ensures faster communication between trading partners. With EDI, businesses can focus on strategic activities rather than time-consuming manual processes, enabling them to optimise resource allocation and increase productivity.
Watch our video round-up below:
Eliminate manual data entry
For 20% of participants, eliminating manual data entry was the most significant advantage. Manual processes are prone to errors, such as typos and incorrect formatting, which can lead to delays and costly mistakes. EDI software automates data input, ensuring accuracy and consistency across all transactions. This improvement not only saves time but also helps maintain strong relationships with trading partners by reducing disputes and errors.
Faster processing of documents
Another 20% of respondents cited faster processing of documents as the primary benefit. EDI accelerates the exchange of purchase orders, invoices, and shipping notices, allowing businesses to respond to market demands more quickly. This speed is crucial for maintaining a competitive edge, especially in industries with tight timelines or high volumes of transactions.
Cost savings
0% of the respondents chose cost savings as the biggest benefit, but it remains an integral advantage of Electronic Data Interchange software. By reducing the need for paper-based processes, postage, and manual interventions, EDI can significantly lower operational costs over time. Additionally, the reduction in errors and disputes further contributes to savings, making EDI a cost-effective solution.
Learn more about B2BE’s EDI solution.
More information
B2BE’s experience in the supply chain sector allows our customers to build, expand and adapt successfully, enabling greater effectiveness. To engage with B2BE and offer feedback on what matters most to you and your business, make sure to follow us on LinkedIn and across social media. You can also vote in our latest LinkedIn poll. If you’d like to discuss your supply chain strategy, get in touch with us.