Things to Know about PunchOut Catalog

If your B2B customers are complaining about the complexity involved in accessing your supplier catalog through their procurement system, it is time to make your website PunchOut enabled. As a supplier, your top priority should be to address concerns of your customers, which if ignored will drive your customers to your competitors. Oracle iprocurement is a popular PunchOut service provider that is primarily aimed at simplifying the purchasing process of large customers. Oracle iprocurement PunchOut solution provides an easy way to search and order products from the supplier’s site.

A PunchOut catalog provides a user-friendly Amazon.com-like shopping experience. It simplifies transactions between the supplier and PunchOut user. Your B2B customer has direct access to the supplier’s site; With a single click, the customer can reach the supplier catalog. The process of logging to the site by username and password is no longer required.

With PunchOut catalog management software, the customer has access to visually appealing, content-rich, pre-approved catalog. The catalog content is customer-specific and will have products and services that are compliant with the contract. Non-contractual items will not be present in the catalog.

The customer doesn’t have to go through thousands of non-approved products in order to access his specific content. So the question of maverick spending with non-approved suppliers does not arise. The customer gets clear visibility into his contract spend and accordingly steps can be taken for better control and compliance. However, usually, contract compliance and order accuracy is guaranteed when using this functionality.

PunchOut catalog solution offers a hassle-free way of shopping products through procurement system. When the customer checks out from the supplier’s site, the shopping cart containing the products is automatically transferred back to the customer’s procurement system. Upon approving the order, a confirmation message is sent to the supplier for further processing.