When Should Suppliers Incorporate PunchOut Catalog into their Business
As a
supplier, you will need PunchOut catalog,
when your B2B customer is changing catalog frequently (say every one or two
months), it doesn’t make use CIF format for electronic transfer of data. It is
a nightmare for suppliers when the customer wants to change the catalog every
now and then.
The update
process of CIF catalog is a time-taking task. So even if you want to update
just one product, say it’s pricing or description, it is a labor-intensive
activity. Also, the changes made in the CIF catalog are not immediately
available to the customer. This is because the updated customer file has to be
then downloaded by the customer on his procurement system which is equally time
consuming.
So instead of
spending time endlessly with CIF catalog, why not use PunchOut, a protocol that
makes it ridiculously easy to make changes in customer catalog. Discontinuing
or adding a new product can be done without modifying the entire catalog.
Moreover, the updated catalog can be viewed immediately in real time by the
customer.
Another
reason to choose PunchOut is when the customer’s catalog size is large, say
anywhere between 8 to 10 MB. Larger the file size, more the time spent in
updating the CIF catalog. Such large files contain thousands of products, hence
replacing the entire catalog for a small change is not advisable.
When customer’s
catalog is complex containing customizable or configurable products using a CIF
catalog is a strict no-no. This is because it is a line item catalog and does
not support configurability and moreover visual display is also absent. You
need to follow a specific format while entering product information in CIF
catalog, which makes it to impossible to add configurations.
SAP, Oracle
and Coupa are some of the popular PunchOut providers that you can trust.
Whether you use SAP PunchOut or any
other provider, you are sure to benefit from it. From streamlining purchasing
process to reducing order errors, it can do wonders for your business.
On the whole,
it really doesn’t matter from which company you take service. Choose Coupa PunchOut or any
other company but get rid of CIF catalog as PunchOut is a far better option to
electronically communicate a product or service to the buyer.
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