CXML (Common XML) is a standard XML language used for exchanging and processing business documents such as purchase orders, invoices, and shipping notifications. It is designed to facilitate the secure exchange of data between buyers and suppliers, and to automate the procurement process. CXML is used in e-procurement systems to enable buyers and suppliers to exchange data in a secure, standardized format.
How does CXML work?
CXML works by allowing buyers and suppliers to exchange data in a standardized format. This data is then processed by the e-procurement system and used to create, approve, and manage purchase orders and contracts, and track the receipt of goods and services. CXML also allows buyers and suppliers to securely exchange financial data, such as invoices and payment information.
The comparison between cXML and EDI:
CXML and EDI (Electronic Data Interchange) are both used for exchanging data between buyers and suppliers. However, there are some key differences between the two.
CXML is a standardized XML language used for exchanging business documents such as purchase orders, invoices, and shipping notifications. It is used to facilitate the secure exchange of data between buyers and suppliers, and to automate the procurement process.
EDI is an electronic data transfer standard used to exchange business documents between two computers. It is used to facilitate the secure exchange of data, but does not support automation of the procurement process.
CXML is designed specifically for e-procurement systems and is more secure than EDI. It also allows for the automation of the procurement process, which is not possible with EDI.
What are the advantages of cXML?
The advantages of cXML include: