c said yesterday that it will be offering a suite of business-to-business e-commerce services to help automate the contract compliance process between buyers and suppliers.
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.