Businesses around the world continue to rely on EDI, as it is the most effective way to communicate with other parties of the business ecosystem (customers, suppliers, vendors, partners etc.) And even though, traditional EDI methods may have been around for several years, new cloud solutions have emerged, offering effective ways for businesses to improve their operations. Since there are so many processes to manage, a modern cloud EDI system can offer more flexibility than a traditional one for the following reasons.
Although it may appear that managing your “own EDI” is more cost efficient than outsourcing to a cloud service, this is not the case. The need for specialized software, trained staff, regular updates, maintenance and scaling is ever-growing and the associated increased costs often prove to be unbearable in the long run. On the other hand, cloud EDI eliminates all these operating expenses, as both the implementation and the overall responsibility is transferred to the EDI solution provider.
Performance and flexibility
Traditional solutions allow some degree of customization in terms of functionality, but they are usually “prefabricated” and almost unlikely to meet your specific business requirements. The main advantage of cloud EDI solutions on the other hand is that they are precisely tailored to your needs and can be easily and immediately updated (at the responsibility of the provider) to meet additional or rising needs (document types, protocols, partners, etc.) as your business expands.
Advantages for IT
The operation of an EDI system requires significant know-how that your IT department may not possess, as well as the execution of important daily tasks that ensure optimal operation. The adoption of a cloud EDI solution ensures automatic access to trained and highly qualified experts, which means not only less expenses but also that your IT department will save valuable time and resources for other projects.
Cloud EDI solutions are extremely secure, as they offer advanced encryption and control. Your service EDI provider monitors the solution 24/7, so there is always an expert who is ready to intervene in case of a security gap or disruption. In addition, since your valuable data is stored on the cloud, it remains just as secure from unexpected disasters, such as hardware or software issues. This means that your business will continue to operate normally, even in the event of a crisis.