Digitalization is rapidly changing the business world, and companies must therefore constantly modernize their processes and make them more efficient at the same time. Electronic data interchange (EDI) plays a key role in this context. Especially for small and medium-sized enterprises (SMEs), there are now excellent opportunities to boost efficiency while simultaneously benefiting from attractive digitalization incentives.
Author: Klaus Schaffer
Digitalization incentives in Austria
There are numerous funding programmes throughout Austria that support SMEs with their digitalization. One of the most prominent programs is KMU.DIGITAL, which was relaunched in May. This program is aimed specifically at small and medium-sized companies with fewer than 250 employees and an annual turnover of no more than 50 million euros. The aim is to support SMEs in their digital transformation and to strengthen their competitiveness. Through these grants, important restructuring in the EDI area can be implemented more quickly, such as the complete introduction of a fully integrated EDI solution into your ERP system or the expansion to include additional electronic processes.
Your advantages with EDI
EDI enables an automated, standardized exchange of business data between companies. Here are some of the most important advantages:
- Faster business processes: Automation reduces processing time and enables faster transactions.
- Error reduction: The standardization of data formats minimizes errors.
- Cost savings: EDI reduces paper consumption and the associated costs.
- Improved collaboration: Seamless integration of business partners into the supply chain.
Take advantage of the promotion and increase your efficiency
By utilizing the digitalization grants, you can also make the introduction of EDI more cost-effective. This creates a win-win situation: you benefit both from the efficiency gains of EDI and the financial advantages of the grants. In addition to nationwide grants, such as KMU.DIGITAL, there are also grants available at the state level in each federal province. It’s definitely worth taking a look!
EDI Service Partners
Tailored solutions to help you overcome all challenges:
✔ Fast partner connection: Regardless of your business partners’ requirements (such as Webservice, AS2/4, OFTP/2, S/FTP, Peppol, …).
✔ Comprehensive processing: All interfaces and data formats (such as XML, EDIFACT, VDA, ANSI X12, …).
✔ Complete EDI operation: We handle the entire operation, allowing you to focus on your core business.
Let’s find out together how you can sustainably optimize your business processes with EDI and benefit from digitalization funding.
Here you will find useful links to further information and funding opportunities:
You can find a good overview of funding in Austria on the WKO website:
Link to KMU.DIGITAL:
Examples: