Greenwing Technology and commercebuild have partnered to allow eProcurement/ERP systems to virtually “visit” a vendor’s online webstore.
Greenwing Technology offers a digital shopping trip experience, akin to using a shopping app that consolidates multiple online stores in one place. They develop B2B punchout catalogs, hosted catalogs, and electronic purchase order/invoicing systems that seamlessly integrate with over 120+ eProcurement systems.
What Is Punchout Technology?
Punchout Technology is a game-changing technology that provides a seamless integration experience. It offers a digital shopping trip experience, akin to using a shopping app that consolidates multiple online stores in one place. This technology simplifies and streamlines the procurement process, benefiting both buyers and suppliers. Punchout catalog communication streamlines efficiency using cXML or Commerce Extensible Markup Language. cXML is a standardized protocol language that provides centralized communication between a buyer’s eProcurement platform and a supplier’s eCommerce store.
Punchout Technology: The Benefits
1. Punchout opens up new sales and revenue channels - Selling to eProcurement customers is a great way to build new sales and expand your eCommerce presence.
2. Contract driven - Buyers often require their popular suppliers to be punchout enables.
3. Personalization and Customization - Suppliers can tailor their punchout catalogs to meet the specific needs of each buyer. This allows buyers to view relevant products and pricing based on their preferences, making the procurement experience more efficient and user-friendly.
4. Enhanced customer relationship - Using a punchout catalog fosters closer relationships between buyers and suppliers. The integration of catalogs and procurement systems enables better communication and collaboration, leading to improved supplier performance and responsiveness.
5. Simplified Requisition Process - Punchout catalogs streamline the requisition process by automating the transfer of products from the supplier’s commercebuild store to the procurement system.
commercebuild and Greenwing Technology: Punchout Connector
