check out the PunchOut Integration Why Do You Need it.

1. PunchOut Integration: Why Do You
Need it?

2. Introduction

3. Large-scale business-to-business transactions and intricate sourcing procedures go into B2B
procurement. Long purchase cycles, inefficiency, and improper communication between buyers
and sellers are problems that traditional B2B procurement specialists must deal with. If your
company experiences similar difficulties, it's time to look beyond the conventional procurement
process and implement strategies that make internet purchases easier. PunchOut integration
acts as a channel of electronic communication between the B2B eCommerce platform run by a
supplier and the buyer's eProcurement system. Through their eProcurement systems, this
enables purchasing organizations to explore, pick, and compare supplier catalog goods with
ease.

4. EFFECTIVE FROM A FINANCIAL STANDPOINT
Because they don't have access to effective procurement solutions, mid-sized businesses
may have thousands of pending transactions. An eCommerce integration software that
incorporates PunchOut catalog provides better insight into their spending and consolidates
payments to favored merchants under negotiated terms. Additionally, the PunchOut
software provides the perfect blend, synchronizing the seller's online store and the buyer's
eProcurement system automatically, leaving vendors to concentrate on their business
actions that generate value.
INSTANT ACCESSIBILITY
The seller controls PunchOut, so customers don't need to manually insert product data like
they would in the CIF catalog. This paves the way for an in-the-moment buying experience
with the most recent information on prices, special offers, stock levels, promotions, and
more. The purchase process is strengthened by the fact that any modifications to the catalog
are immediately updated in the buyer's eProcurement system.
Similar to regular online shopping carts, the supplier's catalog allows customers to add as
many things as they like from as many different sellers as they like. The system will
automatically generate equivalent orders for suppliers when they accept electronic purchase
orders. Scalable options are available from PunchOut catalog to expedite the approval of
carts and order fulfillment.
SCALABILITY

5. ORDER ACCURACY
Contrary to hosted or CIF catalogs, the PunchOut catalog does not necessitate manual
product information upkeep from merchants or customers. In order to avoid duplications
throughout the purchase process, the buyer's eProcurement system will always be furnished
with accurate information. Any modifications to quantity, color, or size are reflected in the
procurement system, which is subsequently transformed, depending on the platform, into
cXML or OCI formats to speed up the cart approval workflow.
FRAUD DETECTION
Traditional procurement methods frequently experienced illegal purchases, in which staff
members used corporate funds and names to purchase items that weren't authorized and
weren't on the procurement list. Due to the fact that the transactions include an approval
workflow, PunchOut catalogs protect the brand's reputation from any harm. The cart
converts to a buy order once it has been approved, and then the standard eCommerce
transaction flow occurs.