05 feb Data Exchange in Microsoft Business Central
Data exchange is the strategy of transforming info from one request to another so that it can be used in the new system. The aim is usually to ensure that the meaning of information is still the same.
Customarily, my response corporations have had to go through the trouble of actually finding the right source of info, evaluating it, negotiating a price for it, after which integrating that data with the internal systems. Data exchange platforms allow companies to obtain the data they need directly from a lot of suppliers without needing to go through these types of tedious and time-consuming techniques.
Advantages of info exchange
A secure and trusted way of sharing info helps institutions meet conformity requirements, create trust-based mechanisms and deliver exact insights regarding customers. Additionally, it facilitates the monetization of a company’s data possessions.
To exchange info electronically in corporate Central, you must create a data exchange definition for each table you intend to map with external information or avenues. The definition includes a mapping setup that maps fields in the exterior file to the in the concentrate on table. For instance , you can use a data exchange definition to send and receive electronic digital documents, transfer and export bank data or various other external info.