Data exchange is the procedure of transforming data from one app to another in order that it can be used in the new system. The aim should be to ensure that this is of information remains to be the same.

Customarily, businesses have had to have got to trouble of actually finding a suitable source of info, evaluating that, negotiating a price for it, and then integrating that data using their internal systems. Data exchange platforms permit companies to obtain the data they want directly from many suppliers while not having to go through these tedious and time-consuming procedures.

Advantages of data exchange

A secure and trusted means of sharing facts helps agencies meet conformity requirements, build trust-based mechanisms and deliver appropriate insights about customers. It also facilitates the monetization of a company’s data properties.

To exchange info electronically in Business Central, you must set up a data exchange definition for every single table you intend to map with external documents or avenues. The definition viral2share.com/2021/07/08/generated-post includes a umschlüsselung setup that maps areas in the exterior file to prospects in the focus on table. For instance , you can use an information exchange definition to send and receive electronic digital documents, import and foreign trade bank data or different external info.