Stivison--E-commerce Has Arrived

We are on the brink of something huge. Until now, the major justification for electronic commerce (electronic data interchange or EDI) was to reduce the administrative costs of handling paper. Business magazines have been filled with case studies of companies routinely slashing the costs of processing individual purchase orders from $40 to $2. Until now, though, the lion's share of the projected savings has been in the areas of purchasing and accounting.