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MyCloudVAN Glossary

Using data analysis tools to generate insights and reports from transaction data, aiding in decision-making and identifying trends.

Business-to-business integration, involving the seamless exchange of data and information between different organizations.

Adhering to industry regulations and standards, such as GDPR (General Data Protection Regulation) or HIPAA (Health Insurance Portability and Accountability Act), to ensure data privacy and security.

The process of enhancing data by adding relevant information from external sources, providing additional context and value.

Measures and protocols to protect data from unauthorized access, ensuring confidentiality, integrity, and availability during transmission and storage.

The process of sending and receiving data electronically between trading partners or systems.

The process of converting data from one format or structure to another, ensuring compatibility between different systems.

The process of checking data accuracy, completeness, and integrity before it is exchanged or processed.

Procedures and strategies to ensure the continuity of operations and data exchange in the event of a technical failure, natural disaster, or unexpected disruption.

Confirmation messages sent in response to received EDI documents, indicating successful transmission or identifying issues.

Adhering to the established standards and practices of electronic data interchange for smooth communication between trading partners.

Testing the adherence of electronic data interchange processes to specific standards and ensuring compatibility between different systems.

The process of transforming data from one format to another, often involving the mapping of data elements between different EDI standards.

Predefined structures for specific business documents, containing a standardized set of data elements and segments for easy communication.

The process of manually inputting data into a system, often associated with higher error rates and increased processing time.

The ability to monitor and trace the status and location of electronic documents as they move through the communication process.

An organization or entity with which another organization exchanges business documents, forming a business relationship.

A third-party service provider that offers enhanced electronic data interchange (EDI) services, facilitating secure and efficient communication between trading partners.