was created through a partnership with Data Masons Software, LLC, a firm specializing in advanced EDI
solutions since 1992.
Most electronic accounting systems will not be completely EDI
and will include some paper-based transactions.
One of the key benefits of EDI
is the exchange of information and completion of transactions directly between computers, eliminating the need for processing purchase orders, bills of lading, invoices and other traditional paper documents.
Meanwhile, Jan Zimmerman, author of Doing Business With the Government Using EDI
(Van Nostrand Reinhold; $29.
conducted a survey to find out the primary reason why firms use EDI
and discovered these motivations: their customers request it (35 percent); they get quick access to marketing information (26 percent); they gain an advantage over their competitors (14 percent); their data is more accurate (13 percent); and they save money (12 percent).
software supplier with an installed base of over 1000 customers, says implementation levels vary by industry.
From a taxpayer perspective, the absence of traditional paper records raises issues such as policies regarding the retention and availability of EDI
transactions and records for administration purposes, the retention and availability of other electronically generated records, the availability of electronic records for audit purposes, and the educational needs of auditors and taxpayers.
X12, a designation of the American National Standards Institute (ANSI), is the electronic standard that allows EDI
In addition to EDI
, transactions involving evaluated receipts settlements (ERS) also present challenges for taxpayers and taxing authorities,(1) as do corporate procurement cards and audit issues arising from their use.
TrueCommerce specializes in providing an easy-to-use and affordable EDI
Examples of areas in which EDI
has worked extremely well are Purchasing and Invoice Processing/Accounts Payable.
During the mid 1990s, 1 EDI
recognized the need for a user-friendly translator to complement its popular mapping tool.