Martin and Associates

EDI: An Important Part of Your Long Term Strategy?

EDI: An Important Part of Your Long Term Strategy?

For suppliers, EDI is often thought of as an annoyance — something that their “big box” customers force on them. If the supplier does not comply, they face consequences such as chargebacks or even the end of a trading partner relationship. It is vital however, to focus on the big-picture strategy of your business when making decisions about your EDI system. A cheap, quick fix may smooth over chargebacks at first, but you risk overlooking the capabilities of a fully integrated system.

A solid and well-planned-out EDI system leads to the following benefits:
1. Reduced cost in terms of paper and postage, as well as streamlined inventory and shipping
2. A reduction in direct labor costs
3. Improved customer service, as EDI provides a quick and efficient response to customer needs
4. More reliable information that is exchanged more efficiently within your company
5. A competitive advantage—simply, you gain an advantage over your non-EDI competitors

Becoming EDI compliant can be seen as an opportunity to improve your business in several ways. Martin & Associates along with the MAPADOC team at SWK have a great deal of knowledge and experience in EDI and would be happy to advise you on how to make the most of your system.

Contact Martin & Associates at 513-772-7284 about how to make the most of your EDI.

Other Blog Posts

Get Paid in 2022 Safely and Efficiently!

With rising fraud rates and new threats cropping up for digital payments, it is extremely important to secure your customers credit card and payment data. An integrated payment application like EBizCharge can

Recurring Transactions in Acumatica

Acumatica can schedule some transactions that need to occur on a regular interval, like monthly, quarterly, etc. In AP, that includes Bills, Credit Adj, Debit Adj, and Prepayments. In AR,