EDI, or electronic data interchange, allows companies to rapidly send information and business documents digitally, using a standard format. With every passing year, the overall need for EDI is only increasing and its market size continues to grow. According to Expert Market Research, the global EDI market size was estimated to be worth $36.52 billion in 2023, and is poised to grow at a CAGR of 12% from 2024-2032. By moving away from a paper-based exchange of business documents, companies can replace outdated, slow transactions, increase automation, and improve accuracy. Companies can streamline their processes and automate documents [1] like purchase orders, invoices, and advance shipping notices (ASN). EDI improves the supply chain in retail, logistics, and manufacturing industries, but any business that deals with large amounts of paperwork and forms can benefit from an EDI solution.
Odoo offers EDI integration with SPS Commerce
To address this need, Odoo offers an EDI integration with SPS Commerce. SPS Commerce is the retail industry's trusted EDI provider, with over 1,000,000+ connections between different businesses and systems - 12,000+ Drop Ship Connections, 1,000+ Pre-Qualified 3PLs, and 1,000,000+ Trading Connections. SPS provides trading connections to 3,500+ of the world's biggest buying organizations, like Amazon, Target, Walgreens, and many more. While these EDI connections can be tough to implement, SPS takes on the heavy lifting for you so you can focus on your business. You'll be able to connect more easily, eliminate time spent on manual processes, and gain access to the largest EDI network in the world. Search this list to find your current and future retail partners. Don't see the retailer you're looking for? No problem. We can build it.
SPS offers a full-service EDI solution.
Potential for mid-market companies
Most large companies with an active distribution network and high volume of transactions use EDI to standardize their business relationships and optimize processes. Mid-market companies that aren't yet using EDI can gain a competitive advantage, further grow their business, and simplify processes. SPS Commerce is consistently ranked as one of the best EDI software solutions for medium-sized businesses [2].
Document types available
The following document types are fully supported and readily available:
- 850 (Inbound AND Outbound Order Documents)
- 855 (PO Acknowledgement)
- 856 (Delivery Transfer Validation)
- 810 (Invoice Sent to SPS AND Bills Sent into Odoo)
- 846 (Receive Updated Inventory Levels from 3PL)
- 945 (Dropshipping Updates Sent from 3PL into Odoo)
- ASN Shipping Labels
Note that additional document types can be developed on a case-by-case basis. Please contact us to inquire.
Pricing
For Odoo 16 and Odoo 17, the subscription pricing for the SPS Integration is quite simple, just a recurring fee per month for the base module– all currently supported document types are included. Additional recurring charges may apply for any specialized developments of major customizations requested.
To learn more about specific pricing for your company, feel free to reach out to bhy@odoo.com.
How to get the Odoo-SPS integration
It’s simple. Contact your account manager, business advisor, or partner for a specific pricing estimate on the recurring and non-recurring charges for your region. We recommend that Odoo’s professional services team then installs, configures, customizes, and maintains the integration using success pack hours. Note that, generally, the more trading partners and document types needed, the more hours it will require to implement.
Alternatively, the SPS integration module code can be provided to an official Odoo partner to work with, though it is recommended for the partner to purchase a Partner Pack to get assistance in the initial implementation, as there is no "quick/easy setup documentation" available at this time.
Odoo strives to continue to bring high-value business tools to companies of all sizes.
Citations:
- Borglund, C. (2022, December 07). “Five top EDI documents to integrate and automate.” Retrieved from https://www.spscommerce.com/blog/top-edi-documents-integrate-automate-spsa/
- “Best Electronic Data Interchange (EDI) software for medium-sized businesses.” Retrieved from https://www.g2.com/categories/electronic-data-interchange-edi/mid-market
Odoo and SPS Commerce: Direct Integration for EDI