GXS Introduces BTB e-Commerce Services
GXS, Gaithersburg, MD, will host and operate the new services, which it said will help companies eliminate invoice overpayments, capture supplier rebates and reduce contract-processing costs. The services are accessible over the Internet. Specific features include:
• Invoice compliance to eliminate overpayment of invoices and identify off-contract purchases for appropriate action.
• Contract maintenance to ensure one-to-one comparison of line items across suppliers, and identify overlapping, duplicate or expired contracts for appropriate action.
• Rebate capture, which enables a buyer to electronically track applicable supplier rebates associated with contracts.