Service minimizes data entry errors for SMBs.
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Press Release Summary:
Hosted GXS Accounting Package Accelerators enable small and medium-sized businesses to seamlessly integrate e-commerce transactions with accounting software packages. EDI-based transactions are automatically entered into accounting systems, minimizing data errors. Accelerators contain pre-built maps to GXS Trading Grid, which enables and streamlines cross-enterprise business processes. Maps enable SMBs to trade with global partners, without additional programming activities.
Original Press Release:
GXS to Reduce Manual Processes and Data Entry Errors for SMBs with Launch of GXS Accounting Package Accelerators
New Out-of-the-Box Service Enables Integration Between GXS Trading Grid(SM) and 37 Leading Accounting Programs
GAITHERSBURG, Md., July 24 // -- GXS, a leading provider of business-to-business (B2B) e-commerce solutions, today announced the availability of GXS Accounting Package Accelerators (http://www.gxs.com/pdfs/Data_Sheets/DS_APA_GXS.pdf), the first out-of-the-box service that enables small and medium-sized businesses (SMBs; www.gxs.com/solutions/smb/) to seamlessly 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 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 efficiently 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.
"As one of Eastern Canada's leading manufacturers of Pita Bread, Bagels and Tortilla Wraps, our business has grown and expanded dramatically since its founding in 1989. GXS Accounting Package Accelerators is making our business more efficient through the automatic integration of e-commerce transactions with our accounting system," said Kelli Bell, Finance Manager of Fancy Pokket. "The manual entry of data from our EDI transactions into our accounting system has been a constant and necessary evil for 17 years. Since implementing this service, we have completely eliminated the time-consuming process of manually entering EDI data into our accounting program. This has allowed our staff to focus more time on core business operations and reduced the number of data errors. For a small business like ours, this efficiency increase goes straight to the bottom line."
GXS Accounting Package Accelerators are the result of the company's technology partnership with eBRIDGE Software, Inc., the market leader in accounting integration solutions. To create the service, GXS combined eBRIDGE's accounting integration software solutions with the GXS Trading Grid. Accounting Package Accelerators can be installed within minutes and require virtually no ongoing maintenance, allowing businesses with limited IT staffs and budgets to fully leverage its benefits. The service supports 37 popular accounting programs (http://www.gxs.com/products/accelerators/accounting_package_accelerator.htm), including PeachTree, Microsoft Dynamics, ACCPAC, MAS, QuickBooks and Sage. Accounting Package Accelerators are priced according to the type of accounting package implemented.
"EDI is critical to the SMB as a means to enable them to trade with larger partners, and survive in today's highly-competitive global B2B environment. While Fortune 500 companies have enjoyed the benefits of seamless integration between EDI and accounting systems, this capability may have been out of reach for SMBs," said Steve Keifer, vice president of industry and product marketing for GXS. "GXS Accounting Package Accelerators removes many operational barriers for the SMB. Not only have we made this integration service accessible through its low cost, easy installation and maintenance, but also the connection to the GXS Trading Grid makes it more efficient for SMBs to do business with their enterprise partners."
Accounting Package Accelerators are part of the GXS Trading Grid suite of on-demand SCM solutions. The GXS Trading Grid is a global B2B e-commerce and integration platform that supports the creation and adoption of on-demand supply chain management solutions by companies of any size. As the world's largest electronic business community, the Trading Grid is used by more than 40,000 customers to exchange goods and services, gain visibility into global logistics operations and synchronize product data. The innovative, on-demand SCM solutions available through the Trading Grid help customers extend supply networks globally, eliminate manual and duplicative processes, optimize product launches, automate warehouse receiving, lower supply chain costs, manage payments and cash flow and increase B2B integration and collaboration.
About GXS
GXS is a leading global provider of B2B e-commerce solutions that simplify and enhance business process integration, synchronization and collaboration among trading partners. Organizations worldwide, including 75 percent of the Fortune 500, leverage the GXS Trading Grid(SM) to extend supply networks, optimize product launches, automate warehouse receiving, manage electronic payments and gain supply chain visibility. With an unmatched global presence, proven trading partner management and B2B outsourcing services, GXS' on-demand solutions maximize the benefits of integration for businesses.
Based in Gaithersburg, Md., GXS' extensive global network serves customers throughout the Americas, Europe, the Middle East and Africa and Asia Pacific regions. GXS can be found on the Web at http://www.gxs.com/.
All products and services mentioned are trademarks of their respective companies.
CONTACT: Allison Tobin of GXS, +1-301-340-4988, allison.tobin@gxs.com
