EDI (Electronic Data interchange)
EDI - Replace the paper trail
Say goodbye to time-consuming paperwork and manual data entry!
EDI streamlines your business by automating tasks like purchase orders, invoices, and dispatch notes, ensuring unmatched accuracy and rapid responsiveness.
Plus, with EDI seamlessly integrated into Futura, you gain instant access to a supplier’s entire product catalogue—automatically created and ready to use. Save time, reduce errors, and stay ahead of the competition!
What is EDI for Retail?
EDI replaces traditional methods like phone calls and emails with standardised electronic messaging between retailers and suppliers, ensuring that information is exchanged quickly and accurately.
EDI reduces costs and shortens order cycle times, streamlining inventory management and reducing errors.
Our solution is fully compliant with EDIFACT, the ISO standard for electronic data interchange, Futura’s EDI module is pre-configured and ready to go.
Embrace EDI to stay competitive in the modern retail landscape.
Core EDI Features
Automate the critical communication between your business and your suppliers. Our Electronic Data Interchange (EDI) solution removes the need for manual, error-prone processes like data entry for orders and invoices. By standardising the flow of information, you create a faster, more accurate, and more efficient supply chain, from initial purchase order to final invoice reconciliation.
> Out-of-the-Box & Custom Reports
Get started immediately with a wide range of standard reports, or use our advanced Business Intelligence tools to build custom reports and visualisations that fit your exact needs.
> Dynamic Formats
View data your way. Easily distribute and analyse reports on-screen, as printed documents, via automated email, or exported for further analysis.
> Comprehensive KPIs
Track all key metrics, including sales, stock levels, open purchase orders, average transaction value (ATV), and supplier performance.
> Customer & Product Insights
Understand customer loyalty and spending patterns, and easily identify your best and worst-selling products on each sales channel.
> Automated Distribution
Schedule key reports to be automatically emailed to relevant team members, ensuring everyone has the information they need, when they need it.
Benefits of EDI for Retail
Implementing EDI in your retail operations can transform your supply chain, making it more efficient, accurate, and responsive to customer needs.
- Streamlined Processes - Speeding transactions and reducing errors
- Improved Efficiency - Automate order, shipping, and invoicing
- Cost Savings- Cuts administrative costs and leverage early payment discounts
- Limit Stock Exposure: Reduces overstock and stockouts.
- Improve Data Accuracy - Minimal manual entry reduces errors
- Drop Shipping Support - Facilitates virtual inventory for drop shippers
- Franchise Control - Improves oversight of franchise operations
Leading retailers already working with Futura to support their business growth
