When you move towards Meade Willis edi integration you can capitalize on many unique benefits that, simply, were not available in generations past. There are three fundamental benefits to electronic data interchange systems (EDI).
BENEFIT #1: CUT COSTS
One fundamental truth about EDI is that it can really save you money. Obviously this is just the first of many benefits but, for the most part, this is the one that attracts the most people. After all, anything that helps the bottom line should be something to consider, right?
Here is how Edi can help you to save money:
- EDI can help you save money by avoiding costs associated with typical paper printing (paper, ink, storage, filing, postage) by as much as 40 percent
- EDI can help you save money by reducing processing costs, depending upon the size and nature of your company, by as much as 90 percent
- EDI can help you save money by reducing redundancies and errors from things like illegible faxes and lost orders
BENEFIT #2: SPEED and ACCURACY
There is no benefit to technology more obvious, perhaps, than how much faster it allows us to process and transmit information. But the reason you need quality EDI in your toolbox is because you want technology that is not only fast but accurate as well.
Here is how EDI improves speed and accuracy:
- EDI improves cycle speeds by as much as 65 percent
- EDI improves the quality of data collection (which results in fewer errors by as much as 40 percent)
- EDI improves cycle time of order-to-cash processing by at least 20 percent
BENEFIT #3: EFFICIENCY
When you combine cost savings and speed and accuracy, you get a third benefit: efficiency. Essentially, automation provides you with ultimate efficiency.
Here is how EDI can improve your efficiency:
- EDI improves efficiency by: automation frees up employees who would otherwise be committed to paper-based tasks and can now focus on more high-value, cognitive tasks
- EDI improves efficiency by: improving the processing rate and accuracy of documents with consistency that reduces the need to backtrack and correct
- EDI improves efficiency by: ensuring critical data is delivered on time and is tracked in real time
- EDI improves efficiency by: improving processing time and delivery times which helps to reduce inventory surplus and improve overall business efficiency