EDIFACT


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Related to EDIFACT: ANSI X12, TRADACOMS

EDIFACT

EDIFACT

(Electronic Data Interchange For Administration Commerce and Transport) An ISO standard for electronic data interchange (EDI) that was proposed to supersede both X12 and TRADACOMS as the worldwide standard. See EDI.
References in periodicals archive ?
Endeavor recommends that customers planning to implement EDIFACT messages with Faxon contact Endeavor customer support at 877/44-LLOYD or support@end in fosys.
The superior capabilities and comprehensive design of EDIFACT messages allow them to accommodate more detailed and less redundant data than the ANSI X12 standard.
For example, not only do EDIFACT payment messages convey the amount and what each payment is for, they can also explain payment adjustments or deductions more thoroughly than the X12 standard through a more comprehensive design, allowing the credit manager to immediately confirm account status.
Carrying more information than other standards, EDIFACT payments are identified and applied more quickly, significantly reducing idle time of funds and resulting in more profitable credit and cash management.
The structure of EDIFACT messages also eliminates redundant characters.
Even though EDIFACT messages are more streamlined than ANSI X12 messages, the functions of the transactions are virtually the same.