Electronic Data Interchange – EDI is the communication of electronic documents directly from a computer in one entity to a computer in another entity.
The advantages of using EDI are:
- Reduced clerical errors
- Increased speed
- Elimination of repetitive clerical tasks
- Elimination of document preparation, processing, filing, and mailing costs
An audit trail allows for the tracing of a transaction from initiation to disposition. One key element of an audit trail in transactions involving auditing electronic data interchange (EDI) is the activity log.
If you have found this blog to be useful, you may share with your friends. Thanks!
