Here's how B2B buyers can benefit from PunchOut integration

1. What are the Benefits of
PunchOut Catalog
Integration for B2B Buyers?

2. Connecting to an external site through the procurement
system is a big headache for B2B buyers. PunchOut
protocol can resolve this issue by establishing a direct
connection between the supplier's site and the buyer's
procurement application.
PunchOut technology is becoming popular with each
passing day. Winning big contracts from B2B buyers is
next to impossible without offering PunchOut catalog
software. Providing PunchOut-enabled sites is the key to
get more buyers and expand your business.
PunchOut catalog does the job of marrying a B2B
ecommerce site with a procurement application. Both
systems are tightly integrated, thereby making it easy to
conduct business transactions.

3. Here's how B2B buyers can
benefit from PunchOut
integration

4. Direct Access to the Supplier's Site
As a B2B supplier do you want to make it easy for
your buyers to place orders through your site? If
yes, then implement PunchOut catalog integration
at the earliest.
PunchOut ensures user-friendly transactions
between the buyer and the supplier. It provides the
speed and flexibility to manage transactions in a
B2B environment. Buyers can start a PunchOut
session sans login credentials. They have to just
click a PunchOut link to reach the supplier's site in
a fraction of the time.
Customized Solution
A PunchOut catalog is often described by experts as
a special version of the supplier's site. The catalog is
custom-designed to fit the exact needs of the buyer.
The products and the pricing displayed in the catalog
are according to the mutually agreed contract.

5. PunchOut is a customized solution that eliminates the
time-consuming task of browsing through non-
contract products. They get direct access to contract
products, which simplifies their purchasing process.
The contract catalog is available at a single click of a
mouse.
No Ordering Errors
Without PunchOut there is a high probability that
the buyers might access non-contract products. This
results in the creation of incorrect orders. With
procurement PunchOut integration, buyers no
longer have to worry about ordering errors as they
can only add contract products while placing order.
No wonder order accuracy increases substantially
with PunchOut.
Procurement is Cost-Effective
Buyers experience a cost-efficient procurement
process, one of the noteworthy benefits of using
PunchOut-enabled sites.

6. Maverick spending also referred to as rogue spending
is a major problem in large buying organizations. It
can damage the financial health of your company and
push your business organization closer to the brink.
Despite using procurement applications, buyers fail to
get insights into their spending. As a result, purchases
are made outside the procurement policy, leading to
unnecessary expenses.
The issue of maverick spending can be easily resolved
using PunchOut. It ensures that spending never
occurs beyond the agreed contract. Buyers no longer
have to deal with contract compliance risk as
purchases are made strictly through the approved
supplier channel.
Approval Workflow
With PunchOut, B2B buyers can implement their
pre-established approval workflow designed to
make purchases. In other words, any order placed
on a PunchOut-enabled site is compliant with their
approval workflow.

7. When B2B buyers reach the supplier's site via
PunchOut, they add products in the shopping cart.
Buyers then close the PunchOut session and the
cart returns to the procurement system. Here the
cart goes through the approval process. If the cart is
approved, a purchased order is sent to the buyer.
No Access to Outdated Information
PunchOut catalog software provides real-time
integration between the seller-side (suppliers) and the
buyer-side. Any catalog changes at the seller-side are
reflected in real-time at the buyer side. Buyers don't
have to reload the updated catalog to view the
changes.
Accessibility to the updated catalog is available in real-
time. No creating orders with outdated information.
Buyers have access to accurate product information
at all times.
With PunchOut, B2B suppliers can not only retain
their large customers but also grow their customer
base easily.

8. As a B2B supplier, once you are connected with the
right PunchOut provider, you can get plenty of
business opportunities that will lead to success.