Why b2b customers should use coupa punchout catalog

Why B2B Customers should Use Coupa PunchOut Catalog

If B2B customers want to resolve their business transaction woes, it is time they use PunchOut catalog. PunchOut as we know, is a connection that gives one-click access to the supplier’s website. No longer will B2B customers have to bear CIF catalog woes that make it extremely inconvenient to communicate with suppliers.

Just a single click will take you to the supplier’s site. It eliminates the hassle of remembering username and password for accessing the supplier’s site.

Also, in a B2B environment, every supplier catalog is specific to that customer.

The catalog content differs from one B2B customer to another. The products and their pricing on the catalog are pre-negotiated for every B2B customer. Keeping this in mind, the Coupa PunchOut functionality is such that every customer gets access to his own customized Contract catalog. This eliminates the need to go through the entire site. What the customer is looking for (contract products) is available via a single click. No wonder, it is also referred to as custom PunchOut catalog solution that can simplify the ordering process of the customers.

Ability to communicate in real time is another advantage of using PunchOut. Unlike CIF catalog where the content and pricing is static, in case of PunchOut, it is dynamic and real-time. This means whatever changes the supplier makes to his catalog (product quantity, product pricing, product availability etc.,) are available instantly in real time to the customer.

Also for big buyers, spend management is an important process for saving the money. Coupa PunchOut solution helps in bringing corporate spending under control. It ensures accessibility to contract products only; moreover it incorporates order requisition approval process into the transaction. This helps in achieving objectives associated with spend management.

On the whole, PunchOut streamlines workflow and provides a faster and more efficient way to shop via the procurement system.