Spend Matters 50 to Know – GXS (OpenText)

Following the launch of the Spend Matters 50 to Know and 50 to Watch, our US site and our colleagues there have started running through all the providers to give the reasoning behind their inclusion. These are brilliant short summaries of each company’s offerings, and will be of great value for many readers.

We are adding our comments about the firms; for some we may have little to add, but for others we can offer further value and insight. We will then give you the link to the US post for you to read in full if you wish.

In terms of our contact with GXS here in Europe, it has been occasional although clearly many of its customers are international given its strength with major supply chain businesses. We were impressed however with its collaborative tools, brought into the business when GXS acquired Rollstream in 2011. That was the first product I'd seen that looked to use some of the principles and functionality of social media in a business environment to drive supplier performance collaboration across buyers and sellers --very neat!

Here's a taster of what our US site is saying about GXS more broadly:

"... EDI is not dead – it has changed dramatically. And GXS/OpenText is living proof of the transformation ... GXS’s solutions go far beyond basic EDI and PO, beyond ASN and invoicing creation and interchange. They include significant capability for supporting transactional and collaboration scenarios. The more complicated the environment, the more GXS is at home."

"We’re excited to include GXS/OpenText in the 50/50 list, in part to show support for the need for procurement organizations to think much more about direct materials enablement, connectivity, visibility, and collaboration."

Read the whole US piece here.

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