Electronic data interchange (EDI) technology goes back as far as the 1960s, yet it’s still a common tool used by many businesses today. What has prolonged its life is its security, reliability and ubiquitous presence. And while many have spoken of API’s ability to replace EDI software, it doesn’t look like it’s going anywhere soon.
The EDI market is projected to be worth nearly six billion dollars by the year 2025 with 85 percent of the industry utilizing the technology today. As a result, it’s still a smart move to invest in these tools. To help you out on your software selection journey, we’ve compiled a checklist of popular EDI requirements. Use it to compare vendors to get a system that perfectly fits your needs.