Choose EDI Cloud Solutions
EDI (electronic data interchange) has been a key component of business processes since its inception, and is still widely used today. EDI allows companies to exchange documents in an automated format, cutting costs and improving productivity. For example, an EDI-enabled company can automatically send a purchase order to its supplier and receive the supplier’s shipment notification and invoice. This helps cut manual processing time and allows staff to focus on value-added tasks.
In addition to the aforementioned benefits of EDI, it also improves compliance and visibility across the supply chain. By enabling business partners to communicate with one another in a standardised way, EDI reduces errors and improves data accuracy. However, many businesses struggle to achieve 100% EDI adoption due to a variety of issues. For example, traditional on-site EDI tools can be complex and rigid, making them difficult to integrate with other systems and adapt to changing business needs. This is why more and more companies are choosing to move away from legacy on-premise EDI to a hosted solution.
Choosing an EDI provider that offers a cloud-based EDI service can help businesses overcome these challenges. Compared to on-premise solutions, a managed services edi solution is more cost-effective and easier to scale as your business grows. It also provides you with a more comprehensive set of features, including a web portal for managing EDI processes and a dedicated team of experts who can support your implementation and ongoing management.
Advantages of EDI Cloud Solutions
The other big advantage of a cloud-based EDI solution is its flexibility. Traditional EDI solutions are often too rigid to handle changes to business requirements, which can occur frequently. For instance, a company may want to integrate with new trading connections or change the way it transmits EDI messages. This can be a problem for a legacy on-premise EDI system that requires a significant investment in hardware and software to support these changes. On the other hand, a hosted EDI solution can be updated in real-time and scaled easily to meet growing business needs.
Moreover, it’s worth mentioning that an EDI cloud solution also eliminates the need for on-premise EDI servers and equipment. This makes it a more cost-effective and secure option for businesses that need to transact with multiple trading partners. Finally, it’s important to note that a cloud-based EDI solution can be implemented with any type of file transfer protocol. This includes FTP/S, AS2, SFTP, and more. JSCAPE’s Managed File Transfer service supports all of these protocols and more, providing businesses with a flexible EDI solution that’s easy to use and scalable.
In addition to reducing the cost of hardware and software, edi cloud solutions make it easier for small and medium-sized businesses to become EDI compliant and improve communication in their supply chains. These solutions also reduce labor costs associated with installing, upgrading and maintaining an EDI solution in-house. In addition, a business can avoid the risks of data loss or corruption by storing their information with a reliable and secure edi service provider.