• Lost revenue due to incorrect billing is a common issue companies deal with, often caused by manually entering data that has incorrect amounts, dates, and items.
• Charge backs assessed by trading partners can eat up profits very quickly.
• Delays in orders being processed is another major hurdle when data is manually entered incorrectly.

All of the above is a sure way to damage a company’s reputation as well as their existing client relations.

Besides eliminating data entry errors and trading partner charge backs, there are other benefits to be gained from using EDI:

• Processing transactions faster.  Electronic communication will speed the communication and the sending/receiving of documents.
• Streamlining transaction processing.  EDI helps create automation which reduces overhead and increases efficiency.
• Receiving payments earlier than a business normally would without EDI.  By getting payments in a timely manner a business can easily increase their cash flow.