Product

GXS Financial Integration Suite

September 22, 2010

From banks and financial institutions to insurance providers and card processors, GXS has a solution to support your B2B transaction needs.

The GXS Financial Integration Suite has been designed to provide the ideal combination of services and software to allow financial institutions and corporations to connect and exchange critical financial data in a secure, reliable and scalable environment. With GXS, you have access to the solutions you need to integrate existing ERP systems, leverage legacy platforms and successfully reallocate resources to increase straight-through-processing and visibility of financial transactions.

Learn how the GXS Financial Integration Suite can support your various product lines:

Cash management

Through our managed services platform GXS can manage the connectivity between your corporate clients’ ERP systems and your bank’s cash management applications. GXS enables straight-through-processing of transactions such as payment instructions and account statements using a variety of messaging standards including SWIFT, ISO 20022 XML, SAP IDoc and EDI. By leveraging a managed services approach, GXS clients have been able to demonstrate measurable improvements in time to on-board new clients and flexibility to support new business.

Supply chain and trade finance

Through our active orders and active logistics products, you can gain visibility into the supply chains of your corporate clients. Numerous banks have leveraged the visibility to open account transactions gained through GXS services to build new enhanced open account and supply chain finance products. Time-to-market can be accelerated by leveraging GXS expertise in on-boarding of suppliers in emerging markets and mapping of documents such as purchase orders, bills of lading and commercial invoices.

Commercial cards

Through our managed services GXS can manage the connectivity and integration with your partners – whether they are merchants, issuers, processors or corporate clients. Our secure, hosted platform for message and file exchange complies with the payment card industry (PCI) data security standards. GXS managed services can support a wide variety of use case scenarios. In the commercial cards segment, GXS facilitates the integration of Level 3 card detail data with corporate accounting applications.

Insurance group benefits

Through our managed services GXS can manage the connectivity with the human resource systems of your corporate clients and the processing applications of your third-party administrators (TPAs). GXS can enable the automated exchange of employee census, reconciliation and billing files to support group disability, group life, employee absence management and other group benefits products. By leveraging a managed services approach, GXS clients have been able to demonstrate measurable improvements in time to introduce new products and flexibility to bid on new sales opportunities.