Award-winning P2P and O2C Automation Solutions
Invoicing | Ordering | Statement Reconciliation
Open ECX is a multi-award-winning pioneer in financial process automation software, empowering industry leading organisations to transform their Procure-to-Pay (P2P) and Order-to-Cash (O2C) operations. We drive efficiency, accuracy, and financial health through seamless automation of critical business transactions.
Trusted By Industry Leading Organisations
Our commitment to excellence and innovation has earned us the trust of a global community, making Open ECX the preferred solution provider for automating financial transactions. From construction and manufacturing to retail, pharmaceuticals, food & beverage, and beyond, our solutions are fully adaptable to the diverse needs of businesses looking to embrace the future of financial process automation.
Our Valued Partners
Community and collaboration are key to our success. Open ECX is fully invested in the development of strategic partner relationships to drive automation, efficiency and accuracy in transactional processing, through a powerful ecosystem of interconnected technologies.
Why Choose Open ECX?
Fully Accessible Solutions
Open to all businesses, our solutions have no commercial or technical barriers to entry for your suppliers and customers.
Rapid Roll-Out
Our award-winning onboarding service ensures suppliers are up and running in a matter of weeks, so your business can quickly realise the benefits.
Trusted Global Provider
Join an extensive network of global connections across a multitude of industries and supply chains as part of our eTrading community.
100% Data Accuracy
Our technology extracts data with 100% accuracy, freeing your teams of manual error correction tasks to focus on strategic analysis.
Customer Case Studies
Our customer case studies provide a window into the real-world successes achieved through partnerships with Open ECX. From significant cost savings and efficiency improvements to strategic supplier relationships and streamlined operations, these case studies showcase the transformative effect our solutions have on businesses just like yours.
Seamless Integration With Leading ERP Systems
Through seamless integration to core systems, Open ECX enables organisations to automate critical business transactions with complete accuracy, and real-time visibility of data. A powerful and fully configurable Business Rules engine can supplement, enrich and validate key transactional data to the users’ specific requirements. With a growing industry presence, we have proven integration into the technologies of leading providers such as Microsoft, Oracle, SAP and Kerridge Commercial Systems (K8).
Transform your Invoice Processing
Open ECX Invoicing eliminates the challenges associated with the manual processing of incoming invoices and the use of legacy technologies. Our leading-edge solution is designed to optimise the entire invoicing process, rapidly facilitating electronic trading and enhancing relationships across the supply chain network. Significant operational gains allow finance teams to focus on greater-value tasks, with complete confidence in the efficient and accurate processing of invoices.
Reconcile Statements Effortlessly
Open ECX Statement Reconciliation revolutionises the entire process of reconciling incoming invoices to supplier statements. Through automating the receipt and reconciliation process, finance teams are left to focus solely on the exceptions, freeing up valuable time and resources. Any discrepancies and missing documents can be automatically raised with the supplier through a comprehensive and integrated query management function.
Revolutionary Sales Order Automation
Open ECX Ordering automates the receipt and processing of electronic customer orders, removing manual order fulfilment processes to reduce cost per order and error rates, while optimising cash recovery and revenue recognition. Process orders within seconds to achieve faster order fulfilment and ensure SLAs are upheld to strengthen customer relationships, and gain control and transparency throughout your procurement process.
Discover The Open ECX Difference
At Open ECX, we don’t just offer solutions; we create partnerships that enable your business to achieve greater efficiency and connectivity. By simplifying complex processes and integrating effortlessly into existing systems, we help you save time, reduce costs, and scale your business operations.
Our solutions are designed to be easily adopted by your teams and, crucially, are offered to your suppliers and customers at no charge. This approach not only fosters a cooperative environment but also enhances mutual efficiency gains.
What Our Customers Say
Richard McDermott
Lee Carmichael
Charles Pearce
Rhiannon Lucas
Leo Lui
Paul Burton
Richard McDermott
Lee Carmichael
Charles Pearce
Rhiannon Lucas
Leo Lui
Paul Burton
Richard McDermott
Lee Carmichael
Charles Pearce
Automate Your P2P and O2C Processes Today
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Tell us about your business needs and one of our experts will be in touch to arrange a personalised demonstration of how our award-winning P2P and O2C automation solutions can revolutionise your processes.
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Our Awards and Accreditations
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Frequently Asked Questions
What is Accounts Payable (AP) Automation?
AP automation is the ability to handle tasks related to managing creditor invoices without significant human intervention. By using AP automation, companies can streamline their financial workflows, improve accuracy, and enhance efficiency. Open ECX offers a robust AP automation platform that integrates seamlessly with your finance and ERP systems, transforming your payables management into a paperless, precise, and swift operation.
What is (O2C) Order-to-Cash?
Order to Cash (O2C) refers to the entire cycle of processes that start with receiving a customer’s order and end with recording the payment in the company’s financial records. . This cycle includes all finance-related activities tied to customer sales, encompassing each step involved in processing a customer order, from the initial order placement through to payment and final accounting entry. It represents the full journey from the order’s receipt to completion in the company’s books.
What challenges does AP and O2C automation solve?
AP and O2C automation addresses a variety of challenges such as manual data entry errors, inefficient processing times, and delayed payments and delivery times that can strain supplier and customer relationships. By automating these processes, Open ECX helps reduce errors and delays, cuts down on processing costs, and allows your team to focus on strategic tasks rather than repetitive administrative work, thereby improving operational control as well as job satisfaction.
How does AP automation help with Electronic Invoicing?
AP automation is a key enabler of electronic invoicing, providing the infrastructure to receive, process, and manage invoices electronically. Open ECX’s solution facilitates real-time invoice processing, integrates three-way matching, and ensures high levels of data accuracy, which streamlines the entire invoicing cycle from receipt to payment. In turn, this reduces the invoice processing burden on your staff.
Why should I implement AP and O2C automation?
Implementing AP and O2C automation with Open ECX can significantly enhance your business operations, offering cost savings, improved staff utilisation, and increased overall job satisfaction by reducing time-consuming tasks. It also improves control, visibility, and accuracy across your financial transactions and incoming customer orders, ensuring that your resources can focus on your company’s growth and strategy.
Can I integrate AP and O2C automation with my other systems?
Yes, Open ECX’s AP and O2C automation can be fully integrated with a wide range of finance and SOP/ERP/ back-office systems. Our platform is designed to work in tandem with your existing infrastructure, providing a cohesive, automated, and paperless solution that supports your ESG goals. Additionally, Open ECX ensures a smooth roll-out at no cost to suppliers or customers, improving and strengthening supplier relationships through our fully managed onboarding service and comprehensive support.
How long would it take to implement an Open ECX solution?
Our award-winning onboarding team is dedicated to getting your suppliers set up in just a matter of weeks, rapidly rolling-out solutions to maximise your ROI.
Why Open ECX?
Open ECX stands apart by offering a cloud-based, no-cost-to-suppliers or customers model, making it exceptionally accessible for maximum adoption rates. Our comprehensive suite of P2P and O2C automation solutions streamlines financial and operational processes, all with extremely high levels of accuracy and customer advocacy. This holistic approach is our commitment to improving your operational efficiency and financial processes from end to end.
Who would use Open ECX?
Open ECX is the ideal partner for organisations of all sizes and across various sectors, who are looking to digitise and optimise their financial operations. We remove barriers, facilitating high supplier adoption and allowing the receipt of a vast array of e-documents, maximising efficiency and strategic financial management.
What if a text PDF can’t be sent?
If you cannot send a text PDF, Open ECX is equipped to handle electronic documents directly from your system in multiple formats. Our platform ensures the validation, conversion, and seamless delivery of transaction data in a format required by the receiver.