Overview

GHX Exchange Enterprise is designed to strengthen supply chain resilience by extending automation from order placement through invoicing. By leveraging comprehensive data and synchronized analytics, organizations can swiftly adapt to changes and consistently identify holistic solutions for daily performance improvements. The platform enables standardized management of the entire procure-to-pay process, aiming for flawless orders delivered punctually and at the correct price. Additionally, it facilitates the transition of accounts payable processes out of traditional mailrooms and offers compliance insights to monitor transaction adherence at the order level.

Features and Capabilities

• Unlimited Trading Partner Connectivity: Seamlessly connect with an unrestricted number of trading partners, enhancing collaboration and expanding business networks.
• Three-Way Price Matching and Auto-Renewal Visibility: Improve contract price alignment through three-way price matching and gain clear insights into contract auto-renewals, ensuring accurate pricing and contract management.
• Sanction Alert Visibility: Safeguard reimbursements, mitigate risks, and prevent fines by accessing real-time sanction alerts at the order level, promoting compliance and financial integrity.
• Reduced Manual Invoicing Processes: Minimize reliance on manual invoicing by automating processes, leading to increased efficiency and reduced potential for human error.
• Advanced Automation for Self-Distributing Integrated Delivery Networks (IDNs): Enhance cost savings and customer service levels by implementing advanced automation tailored for self-distributing IDNs, streamlining supply chain operations.
• Key Performance Indicators (KPIs) Access: Utilize selected KPIs derived from transaction data and other factors to set objectives and monitor progress over time, facilitating informed decision-making and continuous improvement.