Business messaging business benefits
Where traditional business transactions are exchanged by paper, fax and telephone or perhaps sent electronically but not processed automatically, it is necessary to enter the data into an application manually. Unnecessary data entry is fraught with error and delay resulting in the inevitable increase in transaction and operational costs.
The use of standard electronic business messages automatically processed into and out of application systems means costs and mistakes can be avoided. This is a basic, immediate benefit of business messaging.
Coupling the use of EDI business messages with accurate product identification, using Global Trade Identification Numbers (GTINs) and Global Location Numbers (GLNs), can provide the foundation for a much more responsive and effective trading cycle.
Business benefits
In summary, the possible short to longer term benefits of using business messaging with investment in business include:
- reduction in message processing costs of up to 80%
- fasterand more accurate communications with trading partners
- ability to send and process business transactions more frequently
- simpler processing with GS1 identifiers replacing in-house codes
- ability to exchange detailed information about supply chain performance automatically between trading partners