Electronic Data Interchange (EDI) facilitates standardized data exchange and drives efficiency, accuracy, and speed. The COVID-19 pandemic and the subsequent surge in online business activities have caused an uptick in the use of EDI to maintain seamless continued operation for…
Key Takeaways from 2024
Learn how AI is transforming document processing and delivering near-instant ROI to enterprises across various sectors.
Category: EDIConnect
- Blog
Streamlining Prior Authorization with EDI 278: Minimizing Costs, Delays, and Provider Burnout
Manual prior authorization (PA) is a critical step for medical coverage approval but is notoriously time-intensive, with physicians spending an average of 41 hours weekly to process these requests. This not only leads to provider burn out but delays caused…
- Blog
EDI Security in Finance and Mortgage: Best Practices & Benefits
EDI enables the electronic exchange of structured data, such as invoices, purchase orders, and financial transactions, eliminating the need for manual data entry and paper-based processes. By automating these interactions, EDI streamlines operations, improves accuracy, and accelerates business processes within…
- Blog
Unlocking the Power of Healthcare EDI Transactions: A Comprehensive Overview
Healthcare organizations deal with huge amounts of data every day, from patient records and claims to lab results and prescriptions. However, not all data is created equal. Different systems and formats can make data exchange difficult, costly, and error-prone. Approximately…
- Blog
What is B2B EDI? Challenges and Best Practices Explained
Data quality stands at the very core of effective B2B EDI. According to Dun and Bradstreet’s recent report, 100% of the B2B companies that invested in data quality witnessed significant performance gains, highlighting the importance of accurate and reliable information. In…