EDI Finance | EDI by Design

Challenges

Are you experiencing any of these challenges

Identify some of the challenges you may be facing

Track of multiple payments

Increasing legislation, government policies, and strict compliance all place pressure on the bank sector.

High error risk

There are high levels of manual and data entry tasks in organizations - this exposes them to an increased risk of error.

Frequent account reconciliation

Modern banking is complicated and often rapidly changing. Traditional institutions have to evaluate and improve their operations to keep up with consumer expectations, technology, and regulations..

The financial service industry is among the most regulated industries in the world. This means that in order to stay compliant, any relevant regulations must be followed carefully. As a result, banks are investing a big chunk of their revenue into keeping themselves up-to-date with legislative changes.

Services

We are here to help you

We empower data collaboration in the supply chain with an expert team

Full Edi & ERP Integration

Accomplish more profit on your ERP investment.

EDI testing & certification

Comply with your trading partners EDI testing

Web form based EDI solution

Comply with your trading partners EDI requirements

Integrate with financial institution

Integrate your EDI relationship with your bank by handling all your Payable and Receivable relationships

API Development

create your own API allowing others to communicate directly with you

Locally Install EDI solutions

Integrate entire EDI process into your organizations ERP or accounting system

Supply Chain Solutions

Improve connectivity and deliver quick access to data for better decision making

How We Help Financial Institutions

A complete experience that the partners & customers can engage with in a meaningful way

Automation of multiple payments

The automation of multiple payments can lead to the decrease in the number of human errors and a reduction in operating costs

Minimize error risk

The EDI by Design team specializes in minimizing risk of error when it comes to the implementation and maintenance of your Electronic Data Interchange (EDI) system

Electronics bill presentation

The bill presentation is just one of the many useful services that are offered by EDI by Design

Highly secure process

EDI is a technology that helps improve the process of trade finance. It is a highly secure process because it uses encryption to protect data

Exchange of financial information between banks

The use of EDI in the finance industry has helped automate multiple payment processes. This has led to lower costs, increased productivity and greater accuracy