Punchout
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More and more purchasing organisations are requesting their key suppliers support Punchout or XML compliance to give them private web access to the suppliers products or services so they can be ordered online.
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| Don’t have a punchout ready website? |
Netalogue develop complex punchout solutions and also provide rapid deployment punchout solutions which are ideal for organisations under pressure to integrate with a key supplier(s) eprocurement system or marketplace quickly.
Delivering compatible functionality to manage custom catalogues, pricing, branding, contract terms, stock levels, order pads, purchase orders and invoicing these solutions has been tried and tested over many years in blue chip and mid market environments.
For organisations who do not have their own data centres Netalogue will host the service (SaaS) providing your team with a single sourced solution and your buyers with assurances your punchout solution is being managed professionally.
We are experienced in providing integration solutions for most e-procurement systems including SAP™, Oracle™, Ariba™, Netalogue™ and most leading Marketplaces.
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| Punching out to "purchasing systems" (e.g. Ariba, Oracle, SAP) your key customers are using. |
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More and more purchasing companies are implementing electronic purchasing (e-procurement) solutions to control and cut the costs associated with their indirect spend. Consequently these (usually larger companies) will deamnd that their suppliers support certain data exchange standards so that they can access the catalogues of their preferred suppliers through their own solutions to place orders. When these orders are completed the details are automatically sent back to the purchaser’s ordering system (e.g. Ariba, SAP, Oracle) allowing them to automatically generate a requisition, purchase order and facilitate payment. Opportunities for companies able to support a punchout standard include being able to gain a more permanent presence and foothold on their customers purchasing screen. It can also generate opportunities for the supplier to win contracts with new customers who use the same punchout standard.
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| Punching out to "marketplaces" your key customers are using. |
In addition to supporting punchout standards of individual clients purchasing systems (see above), supporting the punchout standards of marketplace portals can also be a shrewd move for ebusiness operators.
Marketplace Portals are online trading platforms whose objective is to connect relevant buyers to relevant suppliers thereby increasing choice and reducing the costs of trading. Government bodies including health and education in the UK all have stretching targets to purchase online and marketplaces can offer them low risk opportunities to meet their obligations. Most suppliers to big businesses and in particular the public sector will already know the importance of being able to collaborate with industry and government backed procurement portals (e.g. @UK, UNITY, PECOS, IDeA, Zanzibar).
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| What is Punchout? |
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From their e-procurement application the buyer will typically click on a link to access a supplier's electronic catalogue where they can then build their electronic order. When complete the order details are sent back to their e-procurement application. The supplier will then receive a purchase order that is generated by the e-procurement application.
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| What are the benefits of Punchout? |
If you are reading from the perspective of a supplier, the benefits are :
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Huge opportunities to gain a more permanent presence and foothold on the buyer's purchasing screen and there is less likelihood the buyer will drop a supplier who has achieved full punchout integration.
Opportunity to win contracts with new customers who use the same punchout standard.
In addition, all the well documented advantages of e-business such as being able to automate routine and repeat orders.
If you are reading from the perspective of a buyer, the benefits are :
Your supplier (and not you) takes on the responsibility of maintaining the catalogue product data.
This can mean a quicker roll out of your e-procurement solution.
Punchout rules can standardise the product information provided by different suppliers
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| A competitive edge |
From the perspective of a supplier, ensuring websites are compatible with both leading purchasing systems and popular marketplaces can be critical, especially if key customers are using them. It can also offer a direct route to new and relevant customers and act as a great differentiator between competing suppliers.
It is important to realise that many large enterprises have invested huge sums in e-procurement technology, to justify this investment they first need to forge links with those suppliers who are technically capable of trading in this way. Being able to say “we can support punchout” has been a huge advantage for many Netalogue clients who have gone on to use this capability to leverage their position to win new or retain contracts with major customers. The converse to suppliers grasping this opportunity is to see a competitor move in using their own compliance as a key differentiating factor.
If you believe your company may have a requirement for our services or technologies please call 0845 222 0350 for an informal pre-sale discussion. In most cases you will instantly be able to speak to one of our mature consultants who will be able to provide you with valuable and practical experience based on years of experience to aid your decision making process.
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© 2010 Netalogue Technologies plc | Netalogue™ is a registered trademark of Netalogue Technologies plc | www.netalogue.com | 0845-2220350 | International +44 1639 816131. Founded in 2001 Netalogue is a publicly quoted market leading ecommerce punchout solution provider specialising in b2b punchout, roundtrip and tapout solutions for suppliers linking to buyers. Specialists in eprocurement punchout solutions integrating with SAP, Ariba, Oracle, cXML, OCI. Ecommerce supplier marketplace integration solutions. The punchout platform is a Microsoft .NET and SQL development. Netalogue Technologies plc is registered in the United Kingdom No.4137677. Head Office: Netalogue Technologies plc, Technium Building, Central Avenue, Baglan Bay , West Glamorgan, United Kingdom, SA12 7AX. Corporate Address: Netalogue Technologies plc, Russell House, Russell Street, Swansea, West Glamorgan, United Kingdom, SA1 4HR.
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CALL 0845 222 0350 For an indication on project price & duration today.
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