EDI stands for Electronic Data Interchange. Basically, it is an exchange and the transfer of data by electronic methods. The EDI has replaced the paper documents, and it is standardised in a way that the sender and recipient can read the documents in the same format.
One of the advantages of EDI is the exchange of data from computer to computer with minimal or no human intervention. EDI helps standard business documents to be exchanged electronically between two or more companies.
