From the Wires
GXS Selects MetraTech Monetization Platform
MetraNet Provides Sophisticated Pricing and Bundling, Multi-Currency, Multi-Language Capabilities
By: Marketwire .
Feb. 7, 2013 09:00 AM
WALTHAM, MA -- (Marketwire) -- 02/07/13 -- MetraTech Corp., the leading provider of agreements-based billing commerce and compensation solutions, today announced that GXS, a leading provider of B2B integration services, selected the MetraNet billing platform to support GXS's global billing process.
GXS operates the world's largest integration cloud platform, GXS Trading Grid®, allowing companies to deploy scalable trading platforms globally. Its software and services help more than 550,000 businesses, including 22 of the top 25 supply chains, extend their partner networks, automate receiving processes, manage electronic payments and improve supply chain visibility.
Powered by the industry's only metadata-driven billing and compensation architecture, MetraNet empowers customer business teams to quickly configure new pricing and settlement models and respond quickly to changing demands in business conditions. MetraNet supports sophisticated bundling as well as the ability to manage both the billed revenue stream and the settlement due to suppliers, channels, and partners.
"We plan to use MetraTech's monetization platform to enable a global billing system to meet our needs as a worldwide B2B integration services provider," said Joe Rodgers, senior director, Information Technology at GXS.
"GXS's innovation in B2B integration to increase visibility for global supply chains aligns with MetraTech's own focus to help our customers quickly and accurately monetize business models," said Scott Swartz, founder and CEO MetraTech Corp. "We are excited to be working with GXS to enable their growth in key customer segments."
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