Data exchange is the strategy of transforming info from one software to another in order that it can be used in the new program. The aim is usually to ensure that this is of information is always the same.
Traditionally, check here corporations have had to feel the trouble of actually finding a suitable source of data, evaluating this, negotiating an amount for it, and after that integrating that data with the internal systems. Data exchange platforms enable companies to obtain the data they require directly from a couple of suppliers without having to go through these tedious and time-consuming functions.
Advantages of data exchange
A secure and trusted way of sharing data helps agencies meet conformity requirements, build trust-based mechanisms and deliver exact insights about customers. It also facilitates the monetization of a company’s data solutions.
To exchange data electronically running a business Central, you must set up a data exchange definition per table you need to map with external documents or fields. The definition includes a umschlüsselung setup that maps areas in the exterior file to people in the aim for table. For example , you can use a data exchange explanation to send and receive electric documents, transfer and foreign trade bank data or other external info.