EDI


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EDI

EDI

(Electronic Data Interchange) The electronic communication of business transactions, such as orders, confirmations and invoices, between organizations. Third parties provide EDI services that enable organizations with different equipment to connect. Although interactive access may be a part of it, EDI implies direct computer-to-computer transactions into vendors' databases and ordering systems.

The Internet gave EDI quite a boost. However, rather than using privately owned networks and the traditional EDI data formats (X12, EDIFACT and TRADACOMS), many business transactions are formatted in XML and transported over the Internet using the HTTP Web protocol. See X12, EDIFACT, TRADACOMS, extranet, externalization, XML and HTTP.
References in periodicals archive ?
Various methods may be used to verify the effectiveness of internal controls and EDI transactions.
EDI Audit Approaches Work Group: The EDI Audit Approaches Work Group, which focused on identifying issues involved in auditing electronic records and assessing alternative approaches to auditing such records, has created a report currently in draft form.
The most important thing when considering EDI is to find out if your customer base requires it," says Paris Inman, who launched Capital Paper Express, a Washington D.
The results of the survey proved to be extremely helpful in determining the level of interest our customers have in EDI.
Sears uses at least nine different EDI transactions, and a number of others are planned, yet most of its suppliers use just one or two transactions, mostly on a stand-alone basis.
In November 1994, the Federation of Tax Administrators (FTA), after discussions with various taxpayer groups, facilitated the formation of a task force of state tax administrators and taxpayer representatives to address the issues posed by the use of EDI technology and other similar business processes.
Debra Abbott, Director of State and Local Taxes for the Coca-Cola Company, indicated that her company has been involved with EDI for over five years.
TrueCommerce is a Pittsburgh, PA-based EDI solutions provider founded in 1995.
The description of the Task Force's mission and objectives, however, includes a footnote defining EDI as encompassing "electronic recordkeeping and other paperless processes.
Like anyone else, EDI users need easier entry onto the electronic information highway," he comments.
For the EDI administrator, GENTRAN:Viewpoint provides a tool for the administrator to configure the system to report specific events and enable exception-based management of the EDI system.