Data exchange is the technique of transforming data from one request to another in order that it can be used in the new program. The aim is always to ensure that the meaning of information remains to be the same.
Usually, firms have had to have the trouble of actually finding the right source of data, evaluating it, negotiating a price for it, after which integrating that data with their internal systems. Data exchange platforms enable companies to discover the data they require directly from a lot of suppliers without having to go through these types of tedious and time-consuming techniques.
Advantages of data exchange
A secure and trusted technique of sharing facts helps corporations meet complying requirements, set up check here trust-based mechanisms and deliver accurate insights regarding customers. It also facilitates the monetization of a company’s data investments.
To exchange data electronically in Business Central, you must build a data exchange definition for every single table you intend to map with external information or channels. The definition includes a mapping setup that maps areas in the exterior file to the in the concentrate on table. For instance , you can use an information exchange description to send and receive electronic digital documents, import and export bank data or other external info.