Electronic Data Interchange


Electronic Data Interchange It is an electronic way to transfer documents in an organization internally (between various departments) or externally (with suppliers,customers,e.t.c.) Following are few important documents used in EDI:- *invoices *letters *business correspondence letters *purchase orders *financial information *shipping requests *acknowledgement Advantages of EDI:- *reduction in data entry errors *shorter processing life cycle *electronic … Continue reading Electronic Data Interchange

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E Commerce and its advantages


E Commerce and its advantages E Commerce is the buying and selling of goods and services on the Internet.It refers to all commercial transactions involving both organization and individual that are based on electronic processing for the exchange of products,services,information between supplier and consumer. Advantages of E Commerce *facility to conduct business in 24 X … Continue reading E Commerce and its advantages