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A PunchOut catalog that establishes a direct connection between the supplier’s website and the customer’s procurement system helps to ease the purchasing process.
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VARStreet Inc. Is PunchOut a Customized Website? Contact Us:- VARStreet Inc. 66 Charles street (Beacon Hill), Boston, MA 02114 781-262-0610 Email Id- sales@varstreet.com Twitter:- @Tweet_VARStreet.
Often referred to as buyer specific catalog, a PunchOut website is a customized solution that is designed keeping the user’s requirements in mind. A PunchOut catalog that establishes a direct connection between the supplier’s website and the customer’s procurement system helps to ease the purchasing process.
Unlike the traditional way, the customer doesn’t have to login with his credentials to view the supplier’s website. A single click enables the customer to access the site. This feature automates the ordering process, with suppliers receiving purchase orders via email. Every PunchOut catalog solution is unique and setup differently. It is customized in the sense that customers get to view products that fall under their contract agreement. So the contract catalog will have products that the customer is entitled to purchase. It is a pre-approved contract, which will not contain products that the customer cannot order. The inventory as well as the pricing information in the catalog is as per the terms of contract agreement. So there is no question of purchasing products that violate contract policies.
A PeopleSoft PunchOut catalog offers a personalized shopping experience that is both seamless and memorable. With this website, the supplier can show relevant recommendations (upsell and cross-sell) as well as offer discounts that are targeted to that specific customer. The supplier can also do promotions that are also aimed at that particular shopper. So whatever offers and suggestions displayed on the site are unique, hence provide more customer engagement. On the whole, a SciQuestPunchOutprovides an easy way to access pre-negotiated contract catalog through procurement system. Moreover, it is personalized to each shopper, hence can help to boost brand loyalty and increase customer retention. So as a supplier if you want to woo large buyers, make sure that you sell products via PunchOut.