EDI

Electronic data interchange is the concept of businesses electronically communicating information that was traditionally communicated on paper, such as purchase orders and invoices. Technical standards for EDI exist to facilitate parties transacting such instruments without having to make special arrangements.

Source: en.wikipedia.org

In Defense Of The Legacy Technology Of EDI
In Defense Of The Legacy Technology Of EDI
March 29, 2021  |  B2B Payments

EDI, or electronic data interchange, has garnered somewhat of a negative reputation amid recent years of dramatic FinTech innovation. The technology first emerged in the...

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HighView Eases EDI Friction With Blockchain
HighView Eases EDI Friction With Blockchain
March 17, 2020  |  B2B Payments

A new initiative by Highview will aim to allow businesses to complete Electronic Data Interchange (EDI) transactions more easily as the company offers its VistaChain...

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Data Standardization’s Path To Faster Supplier Payments
Data Standardization’s Path To Faster Supplier Payments
December 13, 2019  |  B2B Payments

One can’t move money without moving information — a fact that’s particularly true for the B2B payments space, in which remittance and transaction data is...

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Supply Chains Explore The API Opportunity
Supply Chains Explore The API Opportunity
June 28, 2019  |  B2B Payments

Electronic Data Interchange (EDI) is a staple in the buyer-supplier relationship, enabling business partners to send data to each other electronically in a standardized format....

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How Legacy Tools Fit Into B2B Payments’ Future
How Legacy Tools Fit Into B2B Payments’ Future
May 30, 2019  |  B2B Payments

B2B payments do not exist in a vacuum. They’re connected downstream to invoices and purchase orders, and upstream via accounting, reconciliation and financial management processes....

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Where APIs Fall Short On Corporate Finance Integration
Where APIs Fall Short On Corporate Finance Integration
January 25, 2019  |  B2B Payments

Real-time access to data is a driving force behind enterprise modernization. It is, in part, why businesses are digitizing and adopting technology, as they look...

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Blockchain Tries To Jolt B2B eCommerce Into The Digital Age
Blockchain Tries To Jolt B2B eCommerce Into The Digital Age
January 18, 2019  |  B2B Payments

The complexities and demands of B2B eCommerce can be significantly greater than those of the consumer digital shopping realm. While that characteristic can be an...

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Visma, Youredi Partner To Help Small Suppliers Act Big
Visma, Youredi Partner To Help Small Suppliers Act Big
May 01, 2017  |  B2B Payments

SaaS company Visma is teaming up with Platform-as-a-Service company Youredi to enhance SMEs’ supply chain management capabilities. The companies announced Friday (April 28) they are...

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TIE Kinetix Tackles Move To Paperless Business, Government
TIE Kinetix Tackles Move To Paperless Business, Government
April 20, 2017  |  B2B Payments

The push to go paperless is fast gaining traction on the international stage. This should be no surprise considering how much else has shifted into...

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