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News

The eProcurement Market Surge is Changing B2B Selling

The eProcurement market is surging. Companies large and small are implementing eProcurement systems at a record pace, and hundreds of vendors worldwide, led by market leaders Coupa, Ariba, SAP, Workday, Jagger, Oracle, iValua and Tradeshift are benefitting.

e-Procurement

The Difference Between Sourcing, Purchasing, and Procuring-to-Pay

One of the three common processing scenarios may feel more relevant to your organization than the others. But truth be told, your organization is involved with all of them. How? In essence, we are buyers that procure resources, whether they are physical or virtual. We then go ahead and process them into products or services.

PunchOut

Magento Users: Increase Sales by Supporting PunchOut Catalogs from Magento

If selling to Global 2000 companies is something you do today or plan to do in the future, just having a B2B eCommerce store is no longer enough to meet the buying needs of these large corporations. But, if your B2B e-commerce store also supports PunchOut Catalogs (aka PunchOut, cXML PunchOut, Procurement PunchOut, Roundtrip), then online sales from Global 2000 companies could be yours for the taking.

PunchOut

Three Ways To Get PunchOut-Ready – and why you should skip #1

To access the lucrative e-procurement channel, just having an e-commerce web store wasn’t enough; it has to be PunchOut-ready to support the e-procurement ordering process. That said, B2B sellers have three options for getting Punchout-ready.