EDI ( ELECTRONIC DATA INTERCHANGE )

EDI ( ELECTRONIC DATA INTERCHANGE ) is the            transfer of any business transaction between the         receiver and the sender computer through electronic means. Network used for EDI is either private or value  added. When EDI is implemented, it acts as common   interface between two or more computer applications in terms of understanding the document transmitted. There are many benefits of using EDI. EDI shortens order processing and delivery time. It is also cost saving. Paper work is not required and thus, paper handling cost also gets reduced. Also, there is no need to fear about loosing the transaction.Using EDI also increases the buisness efficiency. Thus, using EDI is very useful for any person.