EDI consists of 3 main components:
- Standards are determined by the business partners.
- Translation software with two fundamental functions: it must generate outgoing information in a standardized format and interpret incoming information. Many software tools provide much more functionality. The cost of translation software varies dramatically depending on the platform and the functionality required. This cost can range from hundreds to thousands of dollars/euros.
- Electronic mailbox services (e.g. VAN) is of the user company's choice. However, the use of a specific VAN service may be strongly suggested, due to the relationship established between the business partner and a specific VAN. It could be a benefit as in this case, some VANs provide discount prices.
Was this article helpful?
That’s Great!
Thank you for your feedback
Sorry! We couldn't be helpful
Thank you for your feedback
Feedback sent
We appreciate your effort and will try to fix the article