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EDI Technology

AI and Machine Learning in EDI: Transforming an Industry

With GraceBlood’s annual retreat coming up, this is a timely topic! We will be holding workshops for the purpose of defining projects to continue the evolution of our platform through the expanded use of AI and machine learning.  EDI has been a cornerstone of business-to-business (B2B) communication for decades, enabling…
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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,…
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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…
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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…
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How EDI Automation Powers Black Friday & Cyber Monday

Black Friday and Cyber Monday have become global retail phenomena, generating billions in revenue within a short span of days. Bain.com predicts that this year’s shopping weekend will hit a staggering $75B! Behind the seamless shopping experiences that millions of customers enjoy is a sophisticated network of technology. This technology…
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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…
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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…
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How the 2024 US Election Impacts Supply Chain Dynamics

Now that the long-awaited election results are in, let’s look at how the incoming administration may affect the supply chain going forward. Conservative policies typically focus on deregulation, free-market principles, lower taxes, and a robust national defense, all of which have significant ramifications for global trade and logistics. While each…
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EDI Mapping: The Backbone of Efficient Data Exchange

With today’s competitive and global marketplace, efficient data exchange is crucial for maintaining competitive advantages and fostering strong partnerships. One of the most vital components of this process is EDI mapping, which serves as the bridge between different systems and formats. In this blog, we’ll delve into the intricacies of…
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What is EDI 856? Definition and Business Benefits

EDI and specifically the Advanced Ship Notice (EDI 856/ASN) provide effective supply chain communication and efficient data exchange, which are crucial for B2B success. Electronic Data Interchange (EDI) is a technology that allows companies to exchange business documents electronically, streamlining processes and reducing errors. Among the various EDI transaction sets,…
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What is EDI? Understanding Electronic Data Interchange

Despite numerous blogs and speculation, EDI is not dead. It is never going to die, and stands as the most efficient communication and data management tool for B2B transactions. Well, what is EDI? Electronic Data Interchange (EDI) is a crucial tool in modern business communications, offering a range of benefits…
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How an ILA Strike Could Trigger Massive Supply Chain Disruption

In the intricate web of global trade, every thread is crucial. Among these threads, the International Longshoremen’s Association (ILA) plays a pivotal role. Representing dockworkers at major U.S. ports, the ILA is integral to the smooth functioning of the nation’s supply chain. However, a strike by this powerful labor union…
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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…
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Transportation Intermediary Association (TIA) Conference 2024

GraceBlood attended the TIA conference last week in Phoenix. First of all, we learned that the logistics industry is full of super-smart and friendly people. The second thing we learned is that there are a lot of opportunities for us to form partnerships in this space. In today’s globalized world,…
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