Category: BUSINESS

An important aspect of EDI is the security of messages during the exchange. It should be ensured that the interchange of messages is reliable. Further…

EDI standards implemented:- Before using EDI, the trading partners must set up a trade agreement which will define all the parameters of EDI. Each partner…

When e-business started, the need for common standards was felt as there were many different types of computer systems and different ways of storing data.…

Disadvantages of EDI:-“Electronic data interchange (EDI) Is the electronic exchange of business documents in standard, computer-processable, universally accepted format between the business partners.” Following are…

Following are the benefits of EDI:- Speed:- Information moving between computers moves more rapidly and with little or no human intervention. Sending an electronic message…

Purpose of EDI:- The purpose of EDI is to enable the exchange of the information for commercial transactions among information systems in different companies accurately,…

Electronic data interchange (EDI) Is the electronic exchange of business documents in standard, computer-processable, universally accepted format between the business partners. Electronic Data Interchange (EDI)…

Variety of Transaction in Inter-Organizational:- There are many organizations and there is a variety of transactions that take place. The organizations range from a large…

Credit Transaction Trade Cycle:- Most inter-organizational trade transactions take place as a part of an established, ongoing trade relationship. The trade cycle for inter-organizational transactions…

Inter-organizational Transaction e-commerce refers to the full spectrum of e-commerce that can occur between two organizations. It is the e-commerce between businesses i.e. the businesses focus…