Contact us

Understanding the Traits of Punchout Process

Understanding-the-traits-of-Punchout-Process-eCommfy
In the current scenario wherein enterprises are strategizing hard to achieve targets for business growth, the need for managing their spend becomes crucial. Even in the corporate world, the general saying stands true that “A Penny Saved is A Penny Earned”. The e-procurement systems play a vital role in achieving the target to minimize the expense for large organizations by capitalizing the aptitude of eCommerce demesne. Supplier exchange or e-procurement through EDI (Electronic Data Interchange) handles the value chain of the process with the transparency and the optimization of the resources and managing the complete requirement to pay cycle. Many key players are there in the market for providing such advanced multifunctional application for the purpose. The buyer-supplier correlation is crucial for the success of any such application. Punchout acts as a hub for an e-procurement system of the buyer and the eCommerce store of the suppliers. Understanding the Punchout Punchout helps a buyer to make purchases from a vendor within buyer’s own procurement application or hosted e-procurement system. It basically takes the seller’s product catalog and puts it inside the buyer’s e-procurement system. Punchout works within Spend Management Systems. Rather than directly viewing the seller’s eCommerce catalog, the buyer agent enters the catalog through an e-procurement system. (such as Ariba, Oracle, SAP OCI and some of the better-known e-procurement platforms). Due to the Punchout integration, the seller’s eCommerce website is visible and navigable from within the e-procurement system. Just like a traditional eCommerce transaction, the buyer browses and selects items from the website. Simplifying-the-Punchout-Process-Flow-Diagram-eCommfy Integration with eCommerce Stores The enterprise eCommerce solution which intent to simplify the eCommerce, comes with the feature to easily enable the stores as Punchout capable. Punchout Integration can be done using CXML or OCI protocols. But the better option is to get a Punchout catalog enabled online store rather than having a Punchout catalog. Why Punchout? Punchout feature provides an easy-to-adapt gateway solution for suppliers to integrate Punchout Catalog capabilities within their existing build, plus plug-n-play solutions for popular eCommerce platforms. It offers the most innovative, robust and affordable solutions with complete flexibility for suppliers and customizable buyer experiences. Simplify the Purchasing With direct access to the vendor catalogs in their own e-procurement system, the procurement admins and their users can adore their settled prices with pre-registered vendors of their choice. The purchase orders can directly be generated through the system itself with no need for the buyer to make the payment on the merchant’s store. Centralization of the Process Improved spend management and purchase unification can be achieved as all the catalogs are centralized within a single application. Punchout benefits both buyer and supplier with hassle-free purchasing by making the whole procurement process automated. It helps to explore new markets and allows to sell to a large number of buyers which is the need of the hour in eCommerce. It also helps in improving the buying decision of any organization by providing better control over the buying of products and services for an organization.

Related Post

5 minutes Read

Steps to Redesign Your Website Without Affecting SEO

In the ever-evolving digital landscape, the need to refresh and revitalize your website is inevitable. However, the prospect of a redesign can be daunting, especially when considering the potential impact on your hard-earned SEO rankings. Fortunately, with strategic planning and meticulous execution, it’s possible to breathe new life into your website without adversely affecting your […]

4 minutes Read

6 Inbound Marketing Aspects Every Business Must Embrace

In the dynamic landscape of e-commerce, mastering inbound marketing is paramount for businesses looking to attract, engage, and convert customers in a meaningful and sustainable way. As the digital realm continues to evolve, understanding and implementing effective inbound marketing strategies becomes a key differentiator. In this blog, we will delve into six essential inbound marketing […]

5 minutes Read

7 Customer Acquisition Strategies Every eCommerce Business Must Explore

In the bustling realm of e-commerce, customer acquisition stands as a pivotal challenge for businesses aiming to thrive and expand their online presence. Crafting an effective strategy to attract and convert potential customers requires a dynamic approach that aligns with the ever-evolving digital landscape. In this blog, we’ll delve into seven essential customer acquisition strategies […]

WhatsApp WhatsApp Us