GXS Launches Accounting Package Accelerators

New service enables integration between GXS trading grid and 37 accounting programs

Gaithersburg, MD July 24, 2006 GXS, a provider of business-to-business (B2B) e-commerce solutions, today announced the availability of GXS Accounting Package Accelerators, an out-of-the-box service that enables small and medium-sized businesses (SMBs) to integrate e-commerce transactions with many of today's popular accounting software packages.

With GXS Accounting Package Accelerators, businesses' electronic data interchange (EDI)-based transactions are automatically entered into their accounting systems, making the accounting integration process more efficient, increasing employee productivity and reducing data errors. GXS said its Accounting Package Accelerators are a unique hosted accounting integration solution, available to businesses worldwide.

GXS Accounting Package Accelerators contain pre-built maps to the GXS Trading Grid, GXS' global integration platform that enables and streamlines cross-enterprise business processes. These maps adhere to enterprise EDI requirements, enabling SMBs to trade with global partners without having to purchase additional technology or undertake additional programming activities. Through automatic accounting integration of B2B e-commerce transactions, companies benefit from a reduction in errors arising from re-keying information, less time spent on reconciliation of errors and increased accounting accuracy.