WebContractor is an innovative online solution for the end-to-end management of subcontractor applications for payment. Providing contractors with full visibility, WebContractor helps Commercial and Finance Directors to manage the entire subcontractor application process.
eInvoicing allows automation of the Accounts Payable function. Hosted in the cloud, the solution offers a faultless, end-to-end, paperless system, eliminating the need for costly manual processes and allowing you to maximise the benefits of automation.
eOrdering is a cloud-based technology that sits between the buyer and the supplier. It processes orders from your customers and sends the data to your sales and finance system.
Through WebContractor we’ve been able to significantly streamline the application for payment process, free ourselves from the paper mountains and take control of our cashflow requirements.
We have been working with Open ECX since 2016 to deliver eOrdering solutions to our customers. Transaction volumes are now averaging 12,000 per month with negligible defects or failures across 15 different customers.
WebContractor provides realtime payment information to help cash flow forecasting, allows us to reduce the administration time and cost associated with payments, and ensures industry best practice and compliance.
eOrdering has no limit. Some orders that we receive have a few order lines, and then there are some that have 132 order lines. Both take 5 minutes to be processed into the SAP system. It truly is remarkable.
A web-based tool that drives transaction efficiencies, by integrating into existing procurement applications through a standard routine that drops the details into your orders, which can then be sent to suppliers at the click of a button. Saving time and cost by reducing errors and price mismatches, benefits can be measured through operational performance, supplier cost-to-serve and and strengthen supplier-buyer relationships.
Why Open ECX?
Open ECX was established in 2012 and operates on a global scale, with a large international client base spanning across 21 countries.
With over 300 years of employee construction and supply chain experience, we are experts in providing cloud-based, e-Trading solutions. Trusted by some of the biggest names in the industry, we offer a completely managed service.