Your understanding of Technology Expense Management (TEM) terminology begins here with Valicom.This TEM glossary explains the most common terms in simple, approachable language to help you understand, manage, & optimize your telecom environment.
Electronic Data Interchange (EDI)
Definition:
A standard for exchanging business documents like invoices electronically. It speeds up processes and improves accuracy.
Usage Example:
EDI sped up invoice processing for the team.
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