You went through the hassle of inquiring about the item, whether it’s available, how much it costs, do you have any discount and what is the final total cost. The Purchase Order is finally complete, but now you have to wait for an approval before sending it to the Supplier. The approval could take a few days delaying the shipment of the items you need. But what if you need the items before a certain time? Could there be a possible way to get real time information about an item without the phone calls and receive a quicker approval?
With the help of PebbleJet’s PunchOut Solution, you will allow your customers overcome the hurdles to create an accurate Purchase Order providing a better and smooth Procurement process. You will have the capabilities to inform your customers regarding any changes in pricing, availability of items, discounts to specific customers, or freight charges. Your customers will have access to the most recent and accurate information, making it easier for them to purchase any item, at any time, without the drama. PunchOut will give you the capacity to increase your revenue and customer satisfaction.
How does it work?
PebbleJet’s PunchOut Solution enables your customer to purchase and obtain information regarding an item from within its own procurement application directly from your Website or WebStore. Your customer can access your e-catalog to view certain items and still be able to maintain connection with its own Procurement system allowing the customer to deliver back an internal Purchase Requisition with the transaction information. This gives you the capability to provide real time information regarding your items as well as allows your customers to quickly process their purchase orders.
With PebbleJet, you will be able to easily integrate the PunchOut capability within your existing market place, increasing your competitive presence in the market compared to re-establishing yourself in a new market. You will not only be able to improve the efficiency of your Business process by providing a simple way for your customers to conduct business with you, but increase customer loyalty as well as grow more business.
The advantages of PunchOut from a buyer’s perspective are:
- Real time access to suppliers catalog
- Easier way of comparing the prices offered across different suppliers
- Simplification of the procurement process
- Faster lead time for purchase
- Lower probability of returns
The advantages of PunchOut from a supplier’s perspective are:
- Potential sales leads for customers
- Better user experience
- Complete automation for purchasing
- Faster turnaround time from quotes to Purchase orders
- Increased competitiveness in product offering