Benefits of Electronic Data Interchange (EDI):
- Faster processing
- Better relationship with trading partners
- Lower operating costs
- Improve business cycle speeds
- Reduce human error and improve record accuracy
- Increase business efficiency
- Enhance transaction security
- Paperless and environmentally friendly
Limitations of Electronic Data Interchange (EDI):
- High upfront cost
- Expensive setup and maintenance
- Time-consuming initial setup
- EDI standards keep on changing after some amount of time
- Investing in system protection
- Heavy maintenance and frequent data backup required
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