What are the advantages of EDI claims?

Answer 1

EDI´s benefits relate to environmental impact, improved payment turnaround time efficiency, improved claim accuracy and increased flexibility, enhanced partnership, reduced labor costs, reducted postage costs.

Answer 2

Trading Partners Involvement - Highly dependence on the participation of trading partners. It is extremely difficult to get a high level of supplier compliance. EDI will be a meaningless if your trading partner didn't get involve using EDI system effectively.

Costly for smaller companies - Many small companies are facing resources problems in getting starter with the initial implementation of EDI system. It is beyond the resources these companies to invest tens or hundreds of thousands of dollars in setting and implementation costs, as well as weeks of personnel training, to get an EDI system running.

Difficult to agreed on standard used - Even though there are widely-accepted and widely-used standards, there are no ways to force trading partners to accept these standards. Cooperation between trading partners is needed in order to develop a common rules to avoid differ in interpretation.