This document discusses electronic data interchange (EDI), which is a standard for the electronic exchange of business documents like invoices and purchase orders between computers. EDI is commonly used in industries like manufacturing, retail, banking, and construction. The benefits of EDI include better record keeping, fewer errors, reduced time and paper use, and more effective and efficient operations. However, some drawbacks are the high costs, limited accessibility, rigid requirements, and that EDI only provides partial solutions within closed networks of trading partners.

1. ATHIRA.T
NO:8
2nd B.com

2. ELECTRONIC DATA INTERCHANGE

3.  Computer to computer exchange of business information has
become increase popular form of electronic commerce. It is a
standard for the electronic exchange of business documents such
as invoices and purchase orders.EDI is used in
manufacturing,shopping,warehousing,pharmaceuticals,constructi
ons,banking,insurance,retailing,government etc…….

4.  Better record keeping
 Fewer errors in data
 Reduced time
 Reduced paper documents
 More effectively and efficiently
 Inventory level can be reduced
 Better customer relation

5.  High cost
 Limited accessibility
 Rigid requirement
 Partial solution
 Closed world

6. .In my view EDI more benefit of companies because EDI
company must computerized its basic business applications
and accounts trading partners should also agree to
exchange EDI transaction. These electronic transaction
documents enables in one company to talk to computers in
another company without producing paper do