EDI is an electronic method for exchanging utility billing data between entities, but it has several drawbacks including a lack of standardization between providers, high setup costs, and an inability to access bill data or images for other departments. Urjanet provides an alternative utility bill data feed that standardizes data, requires minimal setup, and allows various departments simultaneous access to bills, images, and historical data.
Electronic data interchange (EDI) is an information technology that standardizes the exchange of information between transacting parties.
#EDI is a complicated mixture of three disciplines parts:
1.Business logic
2.data processing
3.data communications
Conclusion:
*Short Time required to processes
*Cost effective
*Built business logic
*Built business processes
*Improve performance in sells & ordering process
Electronic data interchange (EDI) is an information technology that standardizes the exchange of information between transacting parties.
#EDI is a complicated mixture of three disciplines parts:
1.Business logic
2.data processing
3.data communications
Conclusion:
*Short Time required to processes
*Cost effective
*Built business logic
*Built business processes
*Improve performance in sells & ordering process
EDI implementation and execution can be a complex process. Before undertaking an EDI project it is critical that your key stakeholders learn the basics so that you know what to look for in an EDI vendor, trading partner relationship and more. Explore a variety of EDI resources to receive a more holistic view of how electronic data interchange works, the top terms to know and what the potential cost will be.
In this easy-to-follow EDI dictionary you can view the most commonly used EDI terms and concepts. Reference this guide when generating RFP questions or when viewing vendor websites.
To learn more about EDI contact Datex solutions experts today at www.datexcorp.com , marketing@datexcorp.com or 800.933.2839 ext 243.
Infrrd's Intelligent data capture platform makes capturing data from different sources, a breeze. Infrrd's IDC is a single platform that meets all the organizational needs of data capture from structured and unstructured sources to achieve business process automation to increase productivity and reduce costs.
How to Manage Your Documents: Visual Case StudyNeoStreamTech
Managing documents can be difficult. But with Kofax's capture solution, you can align all your documents in one place. See how one company used Kofax & NeoStream's proven technologies to organize and streamline their document management process to cut costs and cut time.
The First stage of Lending/Financial services is Known as Loan Origination process. The most important & critical stage in the complete Loan servicing. The Finance Industry is now shifting its focus on Customer engagement & Satisfaction with the elements of design & delivery that fulfills customers’ expectations first.
Co:wy presentation 2015 game design and design thinkingVia TRM
Looking for new ways to engage students? Tired of battling the same problems with the same results? Design thinking and game elements provide new avenues for international educators to solve problems of overwhelming processes and help students achieve their goals.
Webinar: Reduce Your Building Operating Costs with Energy DataUrjanet
It takes timely, high quality data to achieve the insights needed to identify cost reduction opportunities for your buildings. But where do you start? How do you collect utility data then use it to benchmark for sustainability reporting and reduce energy consumption and carbon emissions?
In Urjanet's webinar “Reduce Building Operating Costs With Energy Data” we discuss how to cut operating costs at the building level and across all the facilities within your organization. This session features Chris Happ, CEO of Goby LLC. Goby’s SaaS-based SeaSuite™ platform allows its users to track sustainability in a single cloud-based interface. SeaSuite™ customers average 5-10% cost reductions just by tracking energy consumption.
“Goby’s SeaSuite™ customers can fight climate change through greater energy efficiency,” Happ said. “In order to achieve insights to cut carbon emissions, it takes accurate data from a facility’s monthly energy bills.”
Now, by partnering with Urjanet, Goby is enabling its SeaSuite™ users with access to near real-time, big data services that automate the collection, normalization and delivery of data from a rapidly growing list of more than 900 utility providers. Instead of relying on data entry clerks to manually input data, Urjanet’s proprietary platform aggregates data from thousands of sources to deliver it directly into applications such as SeaSuite™.
The webinar panel will also include Jerome Montrone, SVP of Beacon Capital, who will speak to how his team uses Goby’s technology powered with energy data to help improve performance. He is currently overseeing the sustainability and energy programs for Beacon’s entire US and European Portfolio, and completed more than 60 LEED projects including LEED NC GOLD Certification for Beacon’s Tour First property, the tallest building in France. His successful proprietary energy savings programs have led to significant reductions in Beacon’s carbon impact and energy use and were recognized by Beacon Capital Partners winning several ENERGY STAR Partner of the Year awards and a Sustained Excellence Award last year. He is also member of the Real Estate Round Table.
For more information, visit www.urjanet.com and keep up with Urjanet on Twitter @urjanet
EDI implementation and execution can be a complex process. Before undertaking an EDI project it is critical that your key stakeholders learn the basics so that you know what to look for in an EDI vendor, trading partner relationship and more. Explore a variety of EDI resources to receive a more holistic view of how electronic data interchange works, the top terms to know and what the potential cost will be.
In this easy-to-follow EDI dictionary you can view the most commonly used EDI terms and concepts. Reference this guide when generating RFP questions or when viewing vendor websites.
To learn more about EDI contact Datex solutions experts today at www.datexcorp.com , marketing@datexcorp.com or 800.933.2839 ext 243.
Infrrd's Intelligent data capture platform makes capturing data from different sources, a breeze. Infrrd's IDC is a single platform that meets all the organizational needs of data capture from structured and unstructured sources to achieve business process automation to increase productivity and reduce costs.
How to Manage Your Documents: Visual Case StudyNeoStreamTech
Managing documents can be difficult. But with Kofax's capture solution, you can align all your documents in one place. See how one company used Kofax & NeoStream's proven technologies to organize and streamline their document management process to cut costs and cut time.
The First stage of Lending/Financial services is Known as Loan Origination process. The most important & critical stage in the complete Loan servicing. The Finance Industry is now shifting its focus on Customer engagement & Satisfaction with the elements of design & delivery that fulfills customers’ expectations first.
Co:wy presentation 2015 game design and design thinkingVia TRM
Looking for new ways to engage students? Tired of battling the same problems with the same results? Design thinking and game elements provide new avenues for international educators to solve problems of overwhelming processes and help students achieve their goals.
Webinar: Reduce Your Building Operating Costs with Energy DataUrjanet
It takes timely, high quality data to achieve the insights needed to identify cost reduction opportunities for your buildings. But where do you start? How do you collect utility data then use it to benchmark for sustainability reporting and reduce energy consumption and carbon emissions?
In Urjanet's webinar “Reduce Building Operating Costs With Energy Data” we discuss how to cut operating costs at the building level and across all the facilities within your organization. This session features Chris Happ, CEO of Goby LLC. Goby’s SaaS-based SeaSuite™ platform allows its users to track sustainability in a single cloud-based interface. SeaSuite™ customers average 5-10% cost reductions just by tracking energy consumption.
“Goby’s SeaSuite™ customers can fight climate change through greater energy efficiency,” Happ said. “In order to achieve insights to cut carbon emissions, it takes accurate data from a facility’s monthly energy bills.”
Now, by partnering with Urjanet, Goby is enabling its SeaSuite™ users with access to near real-time, big data services that automate the collection, normalization and delivery of data from a rapidly growing list of more than 900 utility providers. Instead of relying on data entry clerks to manually input data, Urjanet’s proprietary platform aggregates data from thousands of sources to deliver it directly into applications such as SeaSuite™.
The webinar panel will also include Jerome Montrone, SVP of Beacon Capital, who will speak to how his team uses Goby’s technology powered with energy data to help improve performance. He is currently overseeing the sustainability and energy programs for Beacon’s entire US and European Portfolio, and completed more than 60 LEED projects including LEED NC GOLD Certification for Beacon’s Tour First property, the tallest building in France. His successful proprietary energy savings programs have led to significant reductions in Beacon’s carbon impact and energy use and were recognized by Beacon Capital Partners winning several ENERGY STAR Partner of the Year awards and a Sustained Excellence Award last year. He is also member of the Real Estate Round Table.
For more information, visit www.urjanet.com and keep up with Urjanet on Twitter @urjanet
If your organization is considering or has deployed optical character recognition software for your in-house utility bill data processing needs, you may be doing more work than you need to.
Philanthropy’s Essential Role in K-12 Edtech and Strategies for ImpactShauntel Poulson
Although “Record Levels of Edtech Funding” has been a recurring headline, there hasn’t been a focus on the role of philanthropy as the majority of funding is coming from the private sector. From our front line view as an active edtech seed investor, we see the need for diverse forms of capital to realize the full potential of technology to differentiate instruction and drive improved learning outcomes.
With their long view of the market and a focus on student achievement, foundations are uniquely positioned to fill existing gaps in edtech funding. For example, additional sources of capital are needed to provide high quality technology tools for students with specialized needs and underserved backgrounds.
So what is preventing foundations from funding edtech? How much money have foundations recently contributed to edtech? Which foundations are leading the way and what innovative approaches are they taking? Find out in Philanthropy’s Essential Role in K-12 Edtech and Strategies for Impact, an analysis of the current state of major foundations and K-12 edtech funding.
We hope foundations will use this research to find ways to support the K-12 edtech ecosystem given their mission and capacity.
Thank you to collaborators Dan Runcie, Vivian Wu, and Chian Gong. Thanks also to Diana Barthauer for support with graphic design.
Urjanet SPARK15 Presentation
November 10, 2015
Presented by:
Mike Pridemore, Urjanet
Colby Thames, Choice! Energy Services
Klaar De Schepper, Bright Power
Veronica Thomas, Bright Power
Innovating Teaching & Learning: Next Generation Student Access ModelDell World
The way educators teach and students learn is fundamentally changing. Flexible, blended, and personalized learning environments are replacing the one-size-fits-all classroom approach. Dell builds educational technology solutions that enable innovation in this new environment while keeping IT affordable to implement and easy to manage
Part 1: Understanding EDI and Integration
Integrating EDI into the enterprise offers significant benefits to both small and large
businesses. In part 1 of this white paper we explore the need for integration.
EDI Integration Process Overview & Benefits for Multiple Channel PartnersJade Global
EDI Integration process ensures that the documents are electronically transferred with minimal errors and maximum accuracy. Check out the best practices!
En ebook-where-does-edi-stand-today-and-where-do-we-stand-with-itNiranjanaDhumal
This eBook explores every nook and cranny of EDI, where it stands today, and where do we stand with it. It scrutinizes the core competencies of how EDI works across various ecosystems and trading channels, what standards it follows, and implementation options.
Complexities of Separating Data in an ERP Environmenteprentise
In an Enterprise Resource Planning (ERP) environment, multiple organizations can exist within a single instance. How does the data belonging to these organizations co-exist, and what are the challenges that companies face when they have to separate the data based on business reasons? With a focus on Oracle E-Business Suite (EBS), our speaker Chief Technology Officer of eprentise and Managing Director of eprentise India, Anil Kukreja will explore the best ways to address complexities in ERP environments to achieve success when separating data in this session.
Learning Objectives: After completion of this program you will be able to:
• Objective 1: Understand how data for multiple organizations reside in a single ERP environment.
• Objective 2: Understand the complexities involved in separating data for organization(s) in an ERP environment.
• Objective 3: Achieve success in separating data for organization(s) to meet business objectives.
Cloudfy - Mastering the Top 5 EDI ChallengesCloudfy Inc
Cloudfy ERP Integration seamlessly connects your enterprise resource planning (ERP) system with the Cloudfy platform, streamlining and enhancing business processes. Experience real-time data synchronization, improved efficiency, and increased agility for a more robust and connected e-commerce ecosystem. To know more about ERP Integration with B2B Ecommerce Platform visit us at https://www.cloudfy.com/platform/integrations/
Webinar: Getting Your EHS Data Off the GroundUrjanet
Accessing utility data is a crucial step towards achieving insight into your operations, managing and measuring your sustainability targets, and reducing costs.
Data access alone, however, is not enough. It’s key to understand how best to manage, review, and report on your data from start to finish.
In this webinar, Urjanet and SustainIt share the best practices you should follow, from initial planning to final execution, to ensure your EHS data is ready for liftoff.
To learn more about the topics discussed in this webinar, visit https://urjanet.com.
For corporate energy managers in the daily grind of energy efficiency and procurement projects, it’s often easy to lose sight of the bigger picture. But to measure the overarching impact of enterprise-level energy management programs and drive continued value for the future, creating a single source of truth for energy data is crucial.
Watch our live conversation with Steve Frank, energy sourcing manager at Arconic, to learn:
How Arconic centralized utility invoice data, whole building interval data, and real-time submeter data across 157 global locations to manage energy data from end to end
What insights the combined power of invoice, interval, and submeter data has enabled, and the results they have realized
Why invoice and interval data each serve distinct use cases and how they work together
Webinar: Managing Energy Data from End to EndUrjanet
In our recent webcast hosted with Smart Energy Decisions, we sat down with Fortune 500 manufacturer Arconic's energy sourcing manager, Steve Frank, to hear how their team built a single source of truth for energy data from supply chain to end use.
Check out the presentation to learn how Arconic centralized utility invoice data, whole building interval data, and real-time submeter data across 157 global locations to manage energy data from end to end. You can also watch the replay here: http://ow.ly/1eee30lUiOm
Bridging the Data Divide: Using Automation to Unify Data Sources for Sustaina...Urjanet
Silos occur naturally within organizations, but for sustainability professionals, these silos can generate hurdles for operational excellence and stifle decision making — stunting the overall growth of their efforts.
In this presentation you’ll learn:
-Which internal and external silos can become hurdles
-How to break down silos to access quality data
-How thinkstep and Urjanet work together to unify disparate data sources
Want to learn more? Download the full webinar recording here: https://bit.ly/2lGuY1z
5 Ways to Ensure Data Quality for Sustainability ReportingUrjanet
Sustainability reporting is only as impactful as the quality of the data being used. If the data driving your reports is incomplete or inaccurate, you could be compromising the nature of your assessments. In this webinar, Urjanet, Measurabl, and Shorenstein join forces to:
-Define data quality
-Outline best practices for collecting and assessing data
-Provide real world examples of why data quality matters
Learn more now!
6 Proven Dashboard Views to Drive Sustainability ResultsUrjanet
Defining project initiatives, building reports, and proving the results of your sustainability initiatives are critical, yet daunting tasks. The secret to streamlining these tasks starts with accurate data and robust sustainability dashboard views. In this webinar, Urjanet, UL EHS Sustainability, and the Sustainability Management Association will:
-Show you the top six dashboard views to drive sustainability results
-Teach you to empower your programs with data and dashboards
-Provide best practices on building dashboards for your needs
Did you miss out on this year's SPARK event? Don't worry! Our team of dedicated utility data experts worked to collect the top insights and key takeaways from this year's event. Check out this SlideShare to learn more about the industry insights and trends that were hot topics as this year's event.
Miss out on our latest webinar? Don't worry, we've put together a brief webinar recap to find out more about what Urjanet's Erik Becker, VP Sales, and eCredable’s CEO, Steve Ely, think of today’s credit scoring models, the shortcomings and limitations, and how new proprietary models could be the answer to giving the millions of underbanked and unbanked American consumers a more sufficient method of credit scoring.
In this webinar recap you’ll also gain insight into the sentiments around this new proprietary scoring model as the team reviews the results of a recent survey conducted by Urjanet of nearly 900 American consumers. Check out the webinar recap to learn more!
Want to learn how to streamline your utility bill and interval data collection processes? Urjanet's Director of Product Management D.j. Amis describes the variety of ways in which utility bill and interval data can be accessed and gathered. He also shares why it might make sense for your organization to partner with a service provider that can automate the entire process for you, so you can focus on what really matters to your business.
2. EDI vs. Urjanet
EDI, in very loose terms, is an electronic communication method built on standards for
exchanging data between two entities. In the context of utility billing, EDI provides a process
solely for invoicing and payment. EDI implies a series of sent and received messages, and due
to its electronic nature, human intervention is minimal.
It’s true that organizations who use EDI to pay their utility bills no longer have to deal with
paper bills or the scanning, sending, and storing processes of using OCR technology or human
error due to manual data entry, but deploying the EDI process comes with its own set of
drawbacks and restrictions that have some current users of EDI technology questioning its
efficacy and fit for their organization.
3. Lack of Standardization
The standard used for utility billing, EDI 810, has allowed for utility providers to implement it
rather loosely. What this means is that the format in which the utility bill is received varies
from provider to provider, oftentimes requiring resources to manipulate the data to get all of
the bills in the same format. This lack of standardization can create challenges when a multi-
facility organization has many different utility providers, as it can be costly and time-intensive
to execute this additional step of re-formatting.
4. Setup Costs
The requirements for EDI involve a lot of time and money, not to mention technical know-how
and a deep understanding of business processes in order to properly set up and implement
EDI. A method for translating or interpreting the received files must be established first in
order to accept the file, then to validate the sender (or “trading partner”), the file structure, and
the individual field information, and finally to convert the file into the right format for the
organization’s backend systems. Many providers also require quite a few forms and
agreements to fill out and sign prior to implementation, adding even more steps to complete
before the process gets up and running smoothly.
5. Difficulty Accessing Data
Because EDI 810 is the standard used for invoicing, it’s typically not a great method of
accessing bill data for any other purpose than to pay the bill. Additionally, data points that
might be useful to departments like sustainability and energy management get left behind in
EDI feeds because they aren’t absolutely necessary in the bill payment process. Managers in
other departments must find another way to get the data they need, often leading to feeling
second to accounting and finance.
6. No Bill Image
Bills sent via EDI do not arrive with a bill image. In the event that a particular statement needs
to be referenced, viewed, emailed, or printed, having the bill image is tremendously helpful.
Furthermore, as mentioned above, sometimes data points get left off the EDI feed that could
be useful for analysis. Having a bill image provides every single data point on the bill so that
nothing gets left behind.
7. No Historical Data
A major drawback for EDI is that some utility vendors do not provide any past information
regarding a particular account. Benchmarking and forecasting becomes virtually impossible
without historical data, and to do so requires starting from scratch to gather enough data to
report on. However, some utility providers may provide this information, but will generally
only do so upon special request.
8. Time to reconsider?
If the lack of standardization, setup costs and investment, difficulty accessing energy data, and
lack of bill image and historical data are an issue for your company, Urjanet can remedy these
concerns through our automated utility bill data feed. You get data that:
● Is standardized
● Requires minimal setup effort on your end
● Can be delivered to your accounting systems, as well as your sustainability, energy
management, energy procurement, and business intelligence programs simultaneously
● Includes a bill image
● Can be traced to as far back in time as the utility will provide