While EDI remains the core of B2B data exchange, both EDI and APIs have their strengths. These two data technologies can complement each other effectively.
By integrating EDI with API-based systems, you can leverage the reliability and security of EDI for your core B2B transactions and API flexibility for more dynamic data sharing.
1 EDI Source API integrations let you seamlessly connect your EDI system with other applications, such as ERP, WMS, and CRM. The result is a tightly integrated, flexible EDI system that streamlines workflows while maximizing your data’s value.
You can supercharge your document exchange workflows with 1 EDI Source’s sophisticated EDI software. Designed for companies that make, move, and sell, our software enhances efficiency and precision in your operations.
Electronic Data Interchange (EDI) has long been the gold standard for securely exchanging business documents like invoices, purchase orders (POs), and shipping notices. With its proven track record spanning decades, EDI continues to be the cornerstone of efficient B2B transactions, offering reduced costs, improved accuracy, faster transactions, and enhanced security.
While new technologies like APIs have emerged in the data-sharing landscape, EDI's growth and relevance remain stronger than ever. This resilience is evident in the robust expansion of the global EDI market, which is currently growing at a CAGR of 12.5%.
EDI is a standardized method for companies to exchange business documents electronically, eliminating the need for paper-based processes and manual data entry. It's been the primary means of B2B communication for years, thanks to its robust security, efficiency, and ability to handle large volumes of data.
APIs, on the other hand, enable different software systems to communicate and share data in real-time. While not purpose-built for B2B transactions, APIs offer flexibility, allowing businesses to integrate their systems more dynamically.
EDI remains the dominant force in B2B transactions. Here’s why:
Major industries, including retail, automotive, and healthcare, rely on EDI. Large retailers and manufacturers require trading partners to be EDI compliant, making it a necessity for businesses in these sectors.
EDI has built-in security features and a long-standing reputation for reliability, which is invaluable when exchanging sensitive business data.
Whether you're processing hundreds––or millions––of transactions, EDI scales to accommodate your needs.
EDI supports a wide range of industry-specific standards, such as ANSI X12 and EDIFACT, ensuring compliance in your sector.
