Some suppliers lack the ability to receive electronic orders, or are simply not connected to GHX. This results in the provider relying on phone, e-mail and fax orders, an inefficient solution that reduces the ability to maximize the benefits of electronic trading.
MetaTrade enables your organization to transmit electronic orders to suppliers who are otherwise unable to process EDI transactions. With MetaTrade, you'll have the ability to generate electronic orders in your MMIS or ERP system and send them to GHX as EDI documents. GHX converts the EDI documents and sends them to the supplier via fax or e-mail, depending on the supplier’s requirements. With MetaTrade, your organization can eliminate fax server costs, license fees, long distance fees, uptime issues and maintenance costs.
MetaTrade also provides a Web site where suppliers can create electronic purchase order acknowledgements against your MetaTrade purchase orders. The Purchase order acknowledgement data is reflected on My Exchange and can be routed to your MMIS. When paired with Contract Center, your organization can validate contract pricing even on orders that are converted to fax and e-mail.
MetaTrade is part of our Exchange Services solution.