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EDI
Abbreviation for Electronic Data Interchange
In short and in plain language
EDI lets the systems of firms swap business papers by themselves.
These firms trade with each other. The papers are, say, orders, delivery notes and bills.
Fixed formats are used. So nobody has to type the data in. For e-invoices, it is a common way between firms.
Definition
EDI is the automated exchange of business documents such as orders, delivery notes and invoices between the systems of trading partners. Fixed formats are used so that the data can be processed without manual re-entry. For e-invoices, EDI is a common transmission route between companies.