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  • Why are we called Banyan?

     

    The Banyan tree with its thousands of branches signifies todays' interconnected global trade. The Banyan tree grows from a single seed dropped from a fig-eating bird to cover more than a couple of acres. Similarly, we would like to see our customers' business grow and prosper with help from Banyan Commerce.

     

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  • EDI (Electronic Data Interchange) is the computer-to-computer exchange of routine business data between trading partners in standard data formats. This definition contains 3 key concepts about EDI:

     

    1. System-to-System: EDI in its most efficient form flows directly out of a sender’s computer system directly into a receiver’s computer system without any human intervention; however in the real world, it is not always possible for EDI to flow in this most efficient manner.

    2. Routine Business Data: EDI is used for routine business documents like Purchase Orders and Invoices. It is not used for non-routine business documents like complicated contracts that humans need to read and analyse before taking a decision.

    3. Standard Data Formats: A standard definition of the location and structure of the data is provided. Unstructured text is not EDI.

     

    These are major sets of EDI/ B2B standards: EDIFACT, ANSI X12, SWIFT, TRADACOMS, RosettaNet, ebXML, Odette etc.

    • Speed: Data can move directly out of one computer system and into another with little or no delay.
    • Accuracy: Errors are reduced because data is not being re-keyed.  Error rates from entering data are between .5 – 3%.  On large volumes of transactions, the possibility for the introduction of errors is enormous.
    • Simplicity: EDI standards specify how data will be formatted and where it can be found.
    • Security: Much less likely to lose information transmitted through EDI than information sent via mail.  EDI can be accessed only by authorized users, and then there are audit trails and archives of data.  EDI data cannot be easily changed by unauthorized users.  It is also not subject to viruses.

     

    These 4 benefits produce the following results:

    • Faster buy-sell cycle time & cash flow
    • Reduced order lead time and inventories
    • Ability to conduct just-in-time manufacturing
    • Improved trading partner relationships
  • Experience:

    1. EDI support group with 25 years of experience.

    2. 1000+ customers globally – 5 continents and 31 countries.

     

    Technology Leadership:

    1. Support for all major global EDI/ B2B standards- ANSI X12, EDIFACT, Odette, Rosetta Net etc.

    2. Integrations to 50+ major ERP, Accounting Systems and Warehouse Management systems.

    3. One of the earliest cloud based EDI solutions globally – launched 2002.

     

    Industry Recognition:

    1. Certified EDI Compliance to 2000+ Retail, Manufacturing, Healthcare and Automotive organisations.

    2. GS1 and EPC Global recognised B2B and RFID provider.

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