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EDI Technology

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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The Ripple Effect: How Retail Acquisitions Impact Supplier EDI Compliance

In 1997, Safeway acquired Vons/Pavilions. Then in 2015, Albertson’s acquired Safeway. And in 2022, Kroger attempted to acquire Albertson’s for $26.4 billion. Fast forward to February of this year and the Federal Trade Commission announced it is filing a lawsuit to block the acquisition stating concerns about the merger being…
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EDI Budgeting Hacks

Three Creative EDI Budget Management Solutions Fall is the time of year when EDI managers start looking at what’s left in the current budget and what projects can be set aside for next year. If, at this time of the year, you find yourself with unspent money in your IT…
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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…
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Understand EDI Compliance and Eliminate EDI Chargebacks!

Updated July 7, 2023 Photo appears courtesy of Brianna Lehman. As a person who has worked in the EDI area for many years, I have learned that it is not an easy task to always stay current and on top of all of your customer’s EDI compliance requirements. Not only…
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Too Many Cooks in the EDI Kitchen

Photo appears courtesy of Les Roches Global Hospitality Education. We have spent many years implementing and supporting EDI solutions from Liaison Technologies with both private and public companies, including the military. There is often a “the more the merrier” philosophy when it comes to getting people involved in conference calls…
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