GXS To Showcase Financial Supply Chain Management Solutions At Sibos 2008
GXS (Booth C416) will be exhibiting at Sibos 2008, the world's premier financial services event, in Vienna, Austria from September 15 to 19, 2008. GXS is at the forefront of helping companies and financial institutions align their often-disparate physical and financial supply chains. GXS' focus at the event will be on demonstrating the importance of having a comprehensive financial supply chain solution that parallels the physical supply chain, thus ensuring that funding and payments are allocated appropriately and processed in a timely manner.
Eric Brewer of BB&T bank, the 14th largest financial holding company in the United States, will be speaking about this trend along with Tracy Bramlet of GXS. BB&T has recently launched a new integrated financial supply chain management solution powered by GXS Order Lifecycle Visibility. This new service from BB&T, called Supply Chain 360, connects buyers and suppliers around the world on an integrated supply chain finance platform that provides them with real-time visibility into invoice and payment processes. Moreover, the solution enables buyers and suppliers to mirror activities in their financial supply chains with those in their physical supply chains.
Details of the presentation are as follows:
- Who: Eric Brewer, senior vice president and manager, Product Management and Development, BB&T and Tracy Bramlet, financial services product marketing director, GXS
- What: The Financial Supply Chain: Improving Visibility and Access to Capital
- When: Thursday, September 18, 9:30 a.m.
- Where: Sibos 2008, Open Theatre B
In December 2007, GXS announced that it had been chosen by BB&T to power its integrated financial supply chain management solution. Supply Chain 360 is bringing business value to corporate clients through the seamless integration of three essential banking functions: international banking, commercial finance and payment services. Using GXS, BB&T can connect buyers and suppliers around the world on an integrated supply chain finance platform that will provide them with real-time visibility into invoice and payment processes and enable them to mirror activities in their physical supply chains.
About GXS
GXS is a leading global provider of B2B e-commerce solutions that simplify and enhance business process integration and collaboration among trading partners. Organizations worldwide, including more than 70 percent of the Fortune 500, leverage the on-demand services on GXS Trading Grid to extend supply chain networks, optimise product launches, automate
warehouse receiving, manage electronic payments and gain supply chain visibility. GXS Managed Services, GXS' B2B outsourcing solution, empowers customers with the expertise, technical infrastructure and program support
to conduct B2B e-commerce with trading partners globally.
Based in Gaithersburg, Md., GXS has an extensive global network and has local offices in the Americas, Europe and Asia-Pacific regions. GXS can be found on the Web at www.gxs.com
SOURCE: GXS