eTrading

xchangewales - eTrading consists of three key components:

1. The Hub, which enables end users to search and view online catalogues and transact electronically with suppliers, including sending ePurchase Orders and receiving eInvoices

2. An optional Purchase-to-Pay (P2P) tool which enables users to raise and approve Purchase Orders, receipt goods/ services and process invoices electronically; and

3. A Management Information tool through which an organisation can review and analyse their Hub transactions

Features

Hub – for Buyers

• View & search online catalogues of products and services
• View & search supplier’s external eCommerce websites
• Send Purchase orders & receive Invoices electronically (plus other types of documents)
• Manage users and control which catalogues they can access; and
• Review / approve catalogue amendments made by suppliers

Hub – for Suppliers

• Upload & maintain online Catalogues
• Establish ‘punch-out’ links to existing eCommerce websites
• Receive orders and create / send invoices electronically (plus other types of documents); and
• Integrate with back-office systems (if required)

Purchase-To-Pay (for Buyers only)

• Creation and approval of requisitions and purchase orders via a configurable workflow
• Goods receipting & matching
• Processing & payment of invoices

To access the Hub you must use a Purchase-to-Pay (P2P) tool. This can either be through integrating the Hub with your existing eProcurement system or, by implementing the P2P tool offered through xchangewales.