EDI provider Archives - GraceBlood LLC

Evaluating a Potential Vendor for EDI Integration with NetSuite

EDI has long been a critical component for businesses aiming to streamline their operations. NetSuite, a leading cloud-based Enterprise Resource Planning (ERP) solution, enables organizations to enhance efficiency and automate processes. However, to maximize the benefits of NetSuite, businesses must carefully select an EDI partner that aligns with their operational…

What is an EDI Payment? Process, Benefits & Insights

We often get the question, “What is an EDI payment?” The answer is not as cut and dry as you’d hope. EDI (Electronic Data Interchange) payments (also known as EDI 820) have revolutionized how businesses handle financial transactions. By replacing manual processes with automated, electronic communication, EDI payments streamline operations,…

How One Generation is Shaping the Future of Supply Chains

The recent CNBC article titled “Gen Z is finding love at a surprising place you visit often, study reveals” highlights a notable shift in consumer behavior among Generation Z, with a growing preference for in-person shopping experiences over online alternatives. This trend has significant implications for the Electronic Data Interchange…

Everything You Need to Know About EDI Invoicing

Businesses of all sizes are constantly seeking ways to optimize their financial operations (at least, they should be), improve cash flow management and automate invoice processing. One of the most transformative innovations in financial processing is EDI, which has become a cornerstone of invoice automation. EDI replaces traditional paper-based invoicing…

Understanding the Difference Between Credit Card Processing Fees and EDI Processing Fees

When businesses look to streamline their financial transactions and operations, they often leverage two critical tools: credit card processing systems and electronic data interchange (EDI) systems. Both play pivotal roles in modern commerce but involve distinctly different technologies, purposes, and fee structures. Understanding the differences between credit card processing fees…

How to Choose the Right EDI Provider for Your Business

Modern businesses rely heavily on efficient communication and data exchange. Electronic Data Interchange (EDI) plays a pivotal role in ensuring seamless transactions between trading partners by automating the exchange of documents like invoices, purchase orders, and shipping notices. An EDI provider acts as a key enabler of this process, helping…

Understanding EDI Standards: X12 vs. EDIFACT

In the world of electronic data interchange (EDI), two prominent standards have long dominated the landscape: X12 (US standard) and EDIFACT (European standard). Why should you care about this? In every EDI relationship, you’ll have to adhere to one of these standards. Both are widely used for facilitating the exchange…

Unleashing Efficiency: GraceBlood’s VelociLink™ Managed EDI Services

GraceBlood’s ubiquitous managed EDI service is getting a bit of a face lift. You may have seen some new branding in recent weeks referring to our VelociLink™ platform. What exactly is VelociLink™ and how can it help you grow your business? In the dynamic landscape of supply chain, where seamless…

The D2C Business Model: Overcoming Challenges with EDI

Spurred largely by the pandemic, the direct-to-consumer (D2C) business model (sometimes called DTC) experienced exponential growth. This enabled brands to establish a direct connection with consumers, bypassing traditional retail channels. However, the landscape is shifting, and signs suggest that the once seemingly invincible DTC model may no longer be sustainable…

Enhancing Integration Between ERP Resellers & EDI Providers

In the ever-evolving landscape of business technology, Enterprise Resource Planning (ERP) solutions and Electronic Data Interchange (EDI) solutions play pivotal roles in streamlining operations and facilitating seamless communication. While ERP systems manage diverse business processes, EDI acts as the digital bridge for efficient data exchange between trading partners. The symbiosis…

B2C & B2B Technology Perspectives

It’s almost unheard of in 2023 for a business to not accept credit cards. According to Insiderintelligence.com, in 2022 US companies transacted $3.089 trillion in credit card sales. When you factor in the 2.5% average credit card processing fee, US companies are spending $75B on credit card processing – and…

The Key Reason for EDI Outsourcing

Whether your business is looking to move away from your current in-house EDI solution or move on from a managed EDI provider whose services and solutions didn’t grow with your business, you probably have one question on your mind: Will outsourcing EDI really save money? Maybe you’ve heard horror stories…

What Does it Mean to be EDI Capable?

Being “EDI capable” refers to the ability to exchange standardized documents with trading partners, typically customers and suppliers. This capability involves using Electronic Data Interchange (EDI) technology to send and receive business documents such as purchase orders (EDI 850), invoices (EDI 810), and shipment notices (EDI 856) directly between systems—without…

GraceBlood Biography Series: Lisa Crosley

As you may have heard, GraceBlood LLC acquired Aurora Technologies back in October of this year. We will now be revisiting our Biography Series to include GraceBlood’s amazing team of consultants and today we are featuring Lisa Crosley. Lisa has been an EDI consultant with GraceBlood for 12 years. She initially worked…

EDI Implementation Guidelines: How to Prioritize EDI Tasks Effectively

Photo appears courtesy of R/DV/RS. Another email lands in your inbox—this time from one of your trading partners, Perfection Construction, announcing new EDI requirements. You’ll get to it later… right? But before you know it, a month has passed, and now those changes go live tomorrow. Meanwhile, sales is pressuring…