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Article: Microsoft Network to offer GE's EDI services.(General Electric Information Services' electronic data interchange slated for on-line service)
- Article from:
- American Banker
- Article date:
- June 21, 1995
- Author:
CopyrightCOPYRIGHT 1995 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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General Electric Information Services recently announced it will provide electronic data interchange services on the Microsoft Network, an on-line service due to begin operating this summer.
Electronic data interchange is the exchange of business documents such as purchase orders and invoices in standard computer formats. Financial institutions view EDI as a way to attract new cash management revenues.
GE Information Services, Rockville, Md., provides electronic data interchange services to about 35,000 businesses. It is the largest value- added EDI network in the nation.
The new service is not expected to compete head to head with those offered by ...