EDI Software Financing

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EDI (or electronic data interchange) software is used by many companies in place of paper documents. When "Company A" wants to send 5,000 purchase orders to "Company B", they don't send paper PO's – they do so electronically, and EDI is the format (or language, if you prefer) that they use. Specialized software is used to send, receive, and translate this EDI, making it a true paperless environment. The downside is the software required is expensive, and that's where software leasing (and in particular, EDI software financing) comes in.

Crest Capital has been financing EDI software (as well as providing other types of software leasing) since 1989. Unlike the bank, we understand the need to finance EDI software, so we're very receptive to your software leasing needs. We have a simple, one-page application form, great rates, and can usually get you a credit decision on EDI software financing in a matter of hours. Contact Crest Capital today for all of your software leasing needs.

How EDI Works

EDI software translates a business's purchase orders, invoices, advance ship notices and other documents into standard formats and exchanges them with trading partners, directly or through a value-added network.

Who Uses EDI Software

Suppliers to large retailers, distributors, manufacturers, logistics providers and healthcare suppliers that trade documents electronically with their customers.

EDI, ERP and Servers

EDI usually connects to the business's ERP or accounting system, so orders flow in and invoices flow out without rekeying. See ERP software financing and server financing.

Licenses, Mapping and Setup

An EDI purchase usually includes the software or service, the maps for each trading partner and document type, testing with each partner, and support. Confirm which partners and documents the quote covers.