iCiX is a web-based compliance tool that has been used or some industries around the world, but is becoming very common u the US since some of the major retailers such as Wal-Mart starting using it. I do have myself about 25 sites registered in iCiX and I can tell you this:
If you are the retailer, or distributor that have numerous suppliers, this has tremendous value, since all your vendors will have to load themselves any documents required by your company (instead of e-mailing/faxing) and there are also reports that will let you know who is in compliance or not, and even send will automatic notifications. Besides, this is insanely cheap for a big (should I say Huge) retailer like Wal-Mart, which is why most of the major retailers are starting to use it. That is precisely the trick. iCiX make it irresistible for huge retailer, and once they are in, they demand all their suppliers (small or big) to register. The pricing is based by location, not by the size of the supplier, so this may come costly for some small supplier.
On the other hand, if you are the supplier, this most likely will not have any value, especially if you are using it for just one customer, since you could have simple e-mail or fax the documents right? So far, for small supplier, this is just another cost of doing business. They try to sell you other packages that will add value to the suppliers, such as recall module and CAR module, but the problem is that for this to work, all your distribution network has to be registered in iCiX, which is not our case.
Have fun with iCiX!