GXS Updates Extended Enterprise Forecast-to-Pay Applications

Version 2.1 of Global eXchange Services' Order Lifecycle Visibility intended to promote inter-enterprise collaboration through extended supply chain

  • Forecast and Order Presentment - Allows organizations to share strategic order forecasts, legally binding purchase orders, order schedules, order revisions and materials releases electronically to 100 percent of their trading partner community, with shared, on-line visibility for internal users and suppliers.

  • Forecast and Order Collaboration - Allows buyers and their suppliers to collaboratively agree on periodic schedule commitments, provide order promises and detailed order acknowledgements.

  • Shipping and Receiving - Supports the shipping and receiving process for inbound shipments via ship notice visibility and bar code label generation capabilities. Supports closed loop supplier order fulfillment process by matching the original order quantity with the actual shipped quantity and the received quantity.

  • Invoicing and Settlement - Supports e-invoicing, supplier self-service invoice inquiry and payment visibility.