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The Need For An EDI Specialist

Electronic data interchange (EDI) is the electronic interchange of business information using a standardized format. This process allows one company to send information to another company electronically, minimizing and completely stopping the use of paper.

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The Need For An EDI Specialist

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  1. Blog3: Datatrans-inc.com The Need For An EDI Specialist What Does EDI Stand For? EDI stands for Electronic Data Interchange. What Is Electronic Data Interchange? Electronic data interchange (EDI) is the electronic interchange of business information using a standardized format. This process allows one company to send information to another company electronically, minimizing and completely stopping the use of paper. Electronic data exchange happens between two or more companies that are called trading partners. What Is EDI Software? An EDI Provider provides EDI software that is installed in the company behind its own firewalls to translate and process the various documents received via electronic data interchange. The electronic data exchange can include documents of many types and formats (even with the standardization) and might require software to interpret and store the data. The EDI software is the interface between internal systems and the EDI format that is sent or received. Why Do We Need A Proper Software Provider? Receiving, interpreting and managing data electronically is a hard thing to process. It can require a lot of technical expertise, sometimes even advanced control mechanisms involving the company’s other software. Most companies often appoint a separate team to monitor and follow the electronic data exchange. There are also many HIPPA EDI standards to follow like the HIPPA EDI 837 transaction standard that is used in the health care system for billing information and to encounter information. This transaction standard is used between the healthcare services and payers. There are also many more such transaction standards to be adhered to and thus it works best when left to a professional. DataTrans Solutions, Inc. are EDI specialists who will take care of all your EDI and EDI software needs.

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