Understanding EDI 997 Functional Acknowledgment
Definition The EDI 997 document, known as the Functional Acknowledgment or FA, is sent as a response to other EDI transactions received. An EDI 997 Functional Acknowledgement is an electronic version of a receipt, acknowledging that an EDI…
Read More »Uncovering Hidden Sales Opportunities
Did you know that without an online feedback system that provides salespeople real-time data on their sales and commissions, you can lose thousands and even millions of dollars in lost sales? Salespeople need the ability to review their…
Read More »Top 5 Most Popular EDI Transactions
EDI transaction codes, sometimes called transaction sets or T-sets, correspond to a specific type of electronic business document, such as an invoice or a purchase order. There are many different documents that you might exchange with your trading…
Read More »Stop Draining Your Business by Paying the Price
Limited resources, unlimited wants. It is a basic principle of economics. Every business must embrace it, whether they like it or not. But, why then do businesses choose to spend thousands of dollars paying employees to do work…
Read More »Scale Your Business by Serving Customers Differently
In the 21st century, the pace of change has increased exponentially. For businesses, these are exciting times. Today, technology has opened new avenues for business growth and expansion that companies of the past could only dream of. Growth…
Read More »Increase Customer Retention by Outrunning Your Competition
In today’s marketplace, many companies are competing for the same customers. Your customers today won’t remain yours tomorrow unless you are taking action consistently to retain them. Outrun Your Competition Customer retention is more than keeping your customer…
Read More »A Brief History of EDI
1960s – The Early Days of EDI Computer systems first developed the ability to exchange data in the 1960’s when Ed Guilbert, the father of EDI, developed an electronic message format for sending cargo information. The first EDI…
Read More »Should you be collecting sales tax in other states?
Creating a Nexus Checklist to Ensure Compliance CLICK HERE to register for the webinar When we’re talking sales tax compliance, the term nexus refers to a responsibility to collect and remit sales tax in a specific state.The concept…
Read More »The MFA Domino Effect
The year 2015 came and went without federal action on remote sales tax. In spite of the fact that three new pieces of remote sales tax legislation were passed around the hill, the topic was notably absent from…
Read More »Prepare your business for the “Cloud Generation”
Technology trends track much faster today than in the past. When the telephone first came on the scene, it took 75 years to get 50 million people to adopt it. It took 13 years for that same number…
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