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What Is a Punch Out Catalog?

What is a Punchout Catalog? So, what exactly is a punch out catalog?   A punch out catalog (more commonly spelled as punchout catalog) is ecommerce technology that provides a way for buyers to access a specific vendor’s catalog of products from within the buyer’s eProcurement system.  Punchout catalogs are convenient

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What is cXML

cXML:  What you need to know What is cXML? cXML (sometimes referred to as commerce XML or c xml) is an open-source XML-based standard developed by Ariba and other eProcurement companies in the late 1990s. cXML allows organizations to send and receive transactions between a buyer’s eProcurement system and a

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Using a Punchout Catalog as a Strategy to Increase Sales

Using a Punchout Catalog As A Strategy to Increase Sales Back in the day, all B2B sales were managed by salespeople. They developed relationships with their customers, collaborating to create a relationship that benefited both the buying organization and the seller.  Strong relationships are a good thing, but even the

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University Internal Royalty Program: Analysis of a Successful Launch

Behind Towson University’s Successful Internal Royalty Program Launch Priya Exantus, trademark licensing coordinator at Towson University, shared with us how she was able to launch a successful university internal royalty program, something other schools have struggled with.  Here are some key takeaways from that conversation. Use a tool that gives

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8 Tips on Selecting Punchout Software Vendor

8 Tips on Selecting Punchout Software Vendors Selecting a punchout software provider is a critical decision with long-term consequences for your relationships with your buyers. Each buying organization has multiple unique needs and specifications, and you need the flexibility to adapt to your client’s exact requirements. As a supplier, you

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Hosted Catalog Versus Punchout Catalog: Which Is Best for Me?

Hosted Catalog Versus Punchout Catalog: Which Is Best for Me? You’ve just learned from your customer that you have a choice between a hosted or punchout catalog. A hosted versus punchout catalog: how do you know what will be best for your business? From the supplier’s perspective, there are very few

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Getting a Punchout Catalog: A Supplier’s Journey

Getting a Punchout Catalog: A Supplier’s Journey The supplier’s journey to getting a punchout catalog often it comes as a “good news/bad news” call from a customer or potential customer. Customer:  “Yeah, hey, we’d love to do business with you, but our vendors are required to set up a punchout

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What is Level 2 Punchout Catalog and Why Does It Matter?

What is Level 2 Punchout Catalog and Why Does It Matter? To understand Level 2 Punchout catalog (sometimes called a Level II punchout catalog), it may be helpful to take a step back and review the different types of punchouts.  For a general overview on punchouts, see our recent post on

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Punchout Catalog Basics

Punchout Catalog Basics This Punchout Catalog Basics will tell you what suppliers need to know about using punchout catalogs to do business with large organizations. If you are a supplier doing business with large organizations, chances are your buyers have an e-procurement system in place to control their procurement processes.  To be

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Understanding what is UNSPSC code for punchout and hosted catalogs

Understanding what is UNSPSC code for punchout and hosted catalogs The UNSPSC code is the – “wait there’s one more thing” of the eProcurement world. But what is UNSPSC code? The United Nations Standard Products and Services Code-or UNSPSC for short-is a coding system used to describe products and services in a

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After Integrating Punchout Catalogs: Marketing to Users

After Integrating Punchout Catalogs: Marketing to Users The business benefits gained by vendors when integrating punchout catalogs into their customer’s e-procurement systems are hard to ignore. Punchout catalogs can be one of the best ways to increase revenues from—and grow deep roots into—your largest customers. However, it is important to realize that

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COVID-19: e-Commerce and e-Procurement

COVID-19: e-Commerce and e-Procurement We are living in unprecedented times, as COVID-19 has not only disrupted our supply chains but our very way of life. Businesses around the world are struggling to find ways to adapt. Organizations that were already using B2B e-commerce already recognized the importance of connecting their

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