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Many view EDI from the technical perspective that EDI is a data format; it would be more accurate to take the business view that EDI is a system for exchanging business documents with external entities, and integrating the data from those documents into the company's internal systems.
A company does not want to invest into new vocabularies from scratch. XML/EDIFACT reuses business content defined in UN/EDIFACT. Since 1987, the UN/EDIFACT library was enriched by global business needs for all sectors of industry, transport and public services. Large companies can order goods from small companies via XML/EDIFACT.
Electronic billing or electronic bill payment and presentment, is when a seller such as company, organization, or group sends its bills or invoices over the internet, and customers pay the bills electronically. [1] This replaces the traditional method where invoices are sent in paper form and payments are done by manual means such as sending ...
work for enactment of preemptive federal confidentiality protection for individually identifiable health care information in an electronic environment develop a strategy to facilitate quick, industry-wide transition to EDI, including universal identifiers for patients, providers, and payors; health identification cards; coordination of benefits ...
How does a bank holding company work? When a bank holding company owns a subsidiary bank, it handles management of the bank, which in turn provides financial products and services to consumers and ...
an interactive exchange protocol (I-EDI) standard messages which allow multi-country and multi-industry exchange The work of maintenance and further development of this standard is done through the United Nations Centre for Trade Facilitation and Electronic Business ( UN/CEFACT ) under the UN Economic Commission for Europe, in the Finance ...