Traditional EDI (Electronic Data Interchange) for electronic invoicing is well-suited to your large vendors—but what about all of your small and medium-size vendors? It’s not easy for them to implement EDI, so you’ll have a tough time convincing them to send you electronic invoices. Sure, you can outsource the task to a “third-party supplier network,” but many AP departments would rather keep the function in-house. Circuit City uses a type of EDI that any vendor can use—they just need Internet access.
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