IDX | Cost/Benefit Analysis
Save 30%-40 % — even up to 90 % — by switching to IDX.
IDX was developed specifically to reduce the costs of exchanging B2B documents. So our low monthly charges are our crowning glory. You only pay for what you use.
VANs may nickel and dime you, but IDEA won't.
Value Added Networks (VANs) charge for kilo characters like we do, but they add on fees for mailslots, public network interconnect, time of day, minimum usage, reprocessing, and a litany of other services that are free with IDX. Here's what happened when we compared our prices to an bill from a leading VAN:
| Actual invoice charges | Leading VAN | IDX |
|---|---|---|
| Public Network Interconnect | $250 | $0 |
| Minimum Charge Adjustment | $153.92 | $0 |
| Monthly Mailslot Fee | $10 | $0 |
| 436 kilo Characters sent to customers | $136.03 | $30.56 |
| 434 kilo Characters sent to non-customers | $135.43 | $30.43 |
| 237 kilo Characters received from customers | $74.13 | $16.65 |
| 129 kilo Characters received from non-customers | $40.49 | $9.10 |
| Total: | $800.00 | $86.74 |
| Monthly Savings: | $713.26 | |
| Percent Savings | 89.16% | |
| Annual Savings | $8559.12 | |
If you're just starting out with EDI, you'll save even more.
Not currently set up for EDI? We'll have you transmitting electronic documents in just days. You'll not only save in increased productivity, but you'll also save on the errors and security risks inherent in transmitting paper documents. All in all, there simply is no better solution for document exchange than IDX.
