Data exchange is the procedure of transforming data from one software to another so that it can be used in the new program. The aim is always to ensure that this is of information is still the same.
Traditionally, companies have had to have got to trouble of finding the right source of info, evaluating it, negotiating a cost for it, and integrating that data using their internal systems. Data exchange platforms enable companies to get the data they want directly from a variety of suppliers and never have to go through these kinds of tedious and time-consuming functions.
Advantages of data exchange
A secure and trusted way of sharing info helps establishments meet conformity requirements, create trust-based mechanisms and deliver accurate insights regarding customers. In addition, it facilitates the monetization of a company’s data resources.
To exchange info electronically in Business Central, viral2share.com/ you must set up a data exchange definition for every table you wish to map with external data files or avenues. The definition includes a mapping setup that maps fields in the external file to prospects in the goal table. For instance , you can use a data exchange description to send and receive electric documents, importance and foreign trade bank info or additional external data.