Electronic Data Interchange (EDI)

Electronic Data Interchange (EDI) Overview

What is Electronic Data Interchange (EDI) Software?

Electronic Data Interchange (EDI) software enables the sharing of data between multiple devices. EDI is commonly used for the transfer of documents from one business to their partners. Once the data to be transferred is selected, EDI software extracts the data, usually from an ERP system, and translates the data to a standardized format, so that the recipient will be able to view it. EDI software also typically includes security features to ensure that sensitive data is protected while it is transferred.

EDI software also allows for the automation and scheduling of data transfers, so businesses can set up regular data transfers that will occur automatically.

Features and Capabilities

  • Data Extraction

  • Data Formatting with support for XML

  • Secure Data Transfer

  • Data Security

  • Transfer automation and scheduling

Pricing

EDI Vendors typically don’t provide public pricing information, though vendors can be contacted for quotes. EDI software is priced in 2 ways depending on the software, either per transaction, or with an overall subscription model that either includes unlimited transactions, or a set amount per month. Many EDI vendors also include a one time set up fee in order to implement the software with your businesses other systems. Depending on feature needs, businesses can expect to pay around $1.00-$3.00 per transaction.

Comparison

When comparing different EDI, consider the following aspects of each product offering.

  1. Price per transfer: It is essential to consider how much each data transfer costs with each EDI software. How many transfers do you need to make each month? If an EDI tool is subscription-based, does it include the volume of transfers you need to commit?

  2. Security Features: All EDI software includes security features of some kind to protect your data during transfer. If your business deals with very sensitive information, or must meet regulatory compliance standards, it may be worth considering an EDI tool with more robust or specialized security features. If you aren’t as concerned about data security, you may be able to pursue more affordable EDI options.

  3. Formatting Options: Most EDI tools can read common data types and translate them into XML. Some businesses may use specialized data types that aren’t supported by every EDI software. If your business uses a file type that isn’t commonly used, make sure it is supported by the EDI software you choose.



Electronic Data Interchange (EDI) Products

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Dell Boomi

Dell Boomi is a cloud-based, on-premise, or hybrid integration platform. It offers a low-code/no-code interface with the capacity for API and EDI connections for integrating with external organizations and systems, as well as compliance with data protection regulations.

MuleSoft Anypoint Platform

The Anypoint Platform developed by MuleSoft and acquired by Salesforce in early 2018 is designed to connect apps, data, and devices anywhere, on-premises or in the cloud. This platform was built to offer out-of-the-box connectors as well as tools that architects and developers can…

Apache Camel

Apache Camel is an open source integration platform.

SPS Commerce Fulfillment

SPS Commerce Fulfillment is a retail cloud services platform with features such as supplier onboarding, EDI compliance, ERP integration, product content management, and sales analytics.

Mule ESB

Mule ESB, from Mulesoft, is an open source middleware solution.

TIBCO BusinessConnect

Palo Alto-based TIBCO offers a B2B integration, automation platform.

Informatica MDM

Informatica MDM is an enterprise master data management solution that competes directly with IBM's InfoSphere and Oracle's Siebel UCM product. The product has about 200 licensed users. Informatica MDM is a multidomain solution with flexibility to support any master data domain and…

InterSystems Ensemble

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Cin7

Cin7, headqduartered in Auckland, aims to make complex retail and wholesale simple with all-in-one cloud inventory, POS, EDI and 3PL. Cin7 allows users to manage sales channels, inventory, point of sale and supply chain in one central, cloud-based software. Cin7 offers integrations…

Cleo Integration Cloud

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elastic.io Integration Platform

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webMethods Trading Network

webMethods Trading Network is a B2B middleware offering from Software AG.

Magic xpi Integration Platform

Magic xpi Integration Platform is a business-to-business middleware offering, from Magic Software Enterprises in Laguna Hills, California.

Actian Pervasive Data Integrator

Actian Pervasive Data Integrator is a data integration solution supported by Actian following the merging of that company with Pervasive.

Axway Interchange (formerly Synchrony)

Axway Interchange is a middleware offering providing B2B integration.

WebOTX

WebOTX is an application server and infrastructure tool, and B2B middleware offering, from NEC.

Axway Composer

Composer is a tool from Axway, in Phoenix, Arizona, a middleware offering.

SWIFTnet FIN

SWIFTnet FIN is Belgian financial company SWIFT's messaging and middleware offering.

Seeburger BIS

Seeburger BIS is a business-to-business middleware offering from global company Seeburger (HQ'ed in Germany).

Transbroker

Transbroker from NEC global is a B2B middleware offering.

uCosminexus

uCosminexus from Hitachi is a B2B middleware offering and application server.

Axway ProcessManager

Axway ProcessManager is a business process management (BPM) platform and middleware solution.

Infrared360

Infrared360 from Avada Software in New Jersey is an application performance management solution, and middleware.

Actian DataCloud

Actian DataCloud is an elastic, cloud-based platform for deploying and managing hybrid, on-premise, or cloud-to-cloud integrations in an on-demand services platform, powered by Amazon Web Services. As a cloud deployment option for Actian DataConnect, DataCloud integrates cloud and…