The electronic exchange of data

International commercial transactions depend greatly on the acquisition of information and documents for each operation. This "bulk breaking" of information leads to losses in time and money, above all, in regard to current commercial operations. Re-transcription errors can also be very expensive, notably with regard to documentary credit (reservations on documents, missed deadlines,...)

To improve this situation, more competitive companies strive to undertake the transactions of their documents and data electronic by resorting to EDI (Electronic Data Interchange) such as that which is undertaken in inter-banking relations with the SWIFT network The swift network is an international exchange network for banking data..

EDI is an elaborate form of electronic communication between autonomated organisations which does not require human intervention. Naturally, this automatism is prepared carefully and cannot be justified for permanent business affairs with quasi-daily messages. Remaining until there is little privilege for large industrial groups, its use tends towards spreading SMEs across the world, in one sense, partly because of pressure exercised by large order dealers, and in another, thanks to the appearance of new communication technology which needs to produce this system, secure, affordable and versatile all at once.

To find out more about EDI, consult the following sections :