The Parker Hannifin EDI Guidelines And Business Opportunities The Parker Hannifin EDI (Electronic Data Interchange) eliminate unnecessary paperwork by exchanging information directly between computers and between applications instead of by telephone, facsimile, or mail. Previously, corporations used different computers and systems, and the data communicated among these computers had to be manually reformatted. Today, EDI … Read More →
820 Payment / Remittance Advice Important Notes The 820 Payment / Remittance Advice and Electronic Funds Transfers are not just limited to the process of moving money. Payments involve both the treasury and the accounting function, and the 820 Payment/RA should be thought more of a business process than simply a transaction. The exchange of information from the … Read More →
EDI Charging Types: Connection & Session, Transaction and Character, Creative Billing EDI Charging regarding Connection & Session means that each time a company initiates a connection to the VAN they can be charged for the connection. They can also be charged for the length of the session time. Also, there might be an extra charge for each interconnect transaction, since VANs do … Read More →
EDI Cost Analysis: VAN Set-Up And Minimum Charges EDI Cost Analysis regarding VAN services is complicated and difficult to understand at first. The costs depend mainly on the volume of traffic. Some of these charges depend on the terms negotiated with the VAN. Once upon an EDI time, most companies used a VAN, and there were relatively few VANs. This … Read More →