What is edi and what does it stand for?
Electronic Data Interchange (EDI) is basically a process between computer-to-computer in exchange of business documents between companies. EDI replaces the faxing and mailing of paper documents. EDI documents use specific computer record formats that are based on widely accepted standards. However, each company will use the flexibility allowed by the standards in a unique way that fits their business needs. EDI is used in a variety of industries. In fact many companies have made the switch to EDI to improve their efficiencies. Many of these companies require all of their partners to also use EDI.