by Lake Furney on October 3, 2011
If you manage an e-procurement system like Ariba, PeopleSoft, SciQuest, Oracle, etc., then your life just got a whole lot easier.
CoreXpand has released functionality that takes care of two major problems faced by e-procurement and purchasing managers everyday.
You can read all about it in this recent press release.
But if you don’t work in purchasing but know someone who does, send them this blog post, or the link below.
Why? Because this breakthrough eliminates so much stress from the lives of purchasing professionals, you’ll be helping them more than you know. In fact, you might be their hero.
http://www.prweb.com/releases/purchasing/innovation/prweb8834905.htm
by Colette Marshall on September 16, 2011
Ariba is the maker of an eprocurement system that many large companies, organizations, governments, and universities use to manage their spend management and purchasing processes.
Some organizations, such as Fortune 500 companies or large government entities, purchases their goods and services exclusively through these systems. That means that if you want to do business with them as a vendor or supplier, you must have the ability to connect to their system through either a “hosted” or “PunchOut catalog”.
Because most buyers prefer PunchOut catalogs due to the more user-friendly buying experience, it makes sense to make your offerings PunchOut ready (PunchOut enabled). That is, if doing business with multiple large clients makes good business sense for you.
What is a PunchOut catalog?
A PunchOut Catalog is an ecommerce solution for presenting and managing your products within a buyer’s eprocurement system. The term, “punchout” is derived from the action the system takes to access your online catalog.
Using protocols defined by eprocurement systems like Ariba, Oracle, SAP, PeopleSoft, SciQuest (and others), you create an online catalog specific to each organization. The buyer can then browse their eprocurement system and find a link to your punchout catalog. When they select it , they “punch out” to your PunchOut catalog site that has products and prices unique to them.
Punchout catalogs are also referred to as CXML PunchOuts, punchout websites, punchout sites, and punchout enabled online catalogs.
How does PunchOut eCommerce work? [Read the Full Article…]
by Colette Marshall on July 25, 2011
Punch-out is mistakenly viewed by some suppliers as a “hassle”. However, suppliers, vendors and distributors who can see the big picture recognize the ability to connect to large customers as a golden opportunity.
If you have punch out capabilities, you can and should be completely proactive about letting your largest customers know you’re PunchOut ready… especially if you offer the unique functions and features of the CoreXpand PunchOut CX system, which gives you an immediate edge over your competitors. [check out our advanced punchout report to see some of these unique functions]
Here’s a short list of prospective buyers that are often requesting or requiring vendors to have PunchOut catalog capabilities:
[Read the Full Article…]
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