EDI Can Save On Relocation Abroad

September 2001
Financial Executive;Sep2001, Vol. 17 Issue 6, p11
Academic Journal
The article reports that electronic data interchange (EDI) for invoicing freight and storage bills for international clients could save human resource managers and their companies as much as 10 to 20 percent of the total of household goods relocation costs. These statements were made by Alan Noidel, senior manager at IAS Tax Technology at Deloitte & Touche. Model also discusses how adopting electronic invoicing empowers the company to work out prompt payment discounts, which can increase the savings by a percentage point or more.


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