Data exchange is the strategy of transforming data from one app to another in order that it can be used inside the new system. The aim is to ensure that the meaning of information is always the same.
Usually, businesses have had to have the trouble of actually finding the ideal source of data, evaluating that, negotiating a price for it, then integrating that data with the internal devices. Data exchange platforms enable companies to uncover the data they need directly from a number of suppliers and never have to go through these kinds of tedious and time-consuming functions.
Advantages of data exchange
A secure and trusted approach to sharing facts helps agencies meet compliance requirements, set up trust-based mechanisms and deliver exact insights regarding customers. In addition, it facilitates viral2share.com/2022/01/04/document-management-and-project-management-procedures/ the monetization of a company’s data materials.
To exchange info electronically in Business Central, you must create a data exchange definition for each table you need to map with external data files or streams. The definition includes a mapping setup that maps fields in the external file to people in the goal table. For instance , you can use an information exchange explanation to send and receive electric documents, importance and foreign trade bank data or additional external info.