The eProcurement industry spends billions of dollars a year on office products, furniture, school supplies, etc., which are then sold to large corporations and government organizations through PunchOut connections. The possibilities are endless.
But, most suppliers don’t get a piece of this multi-billion-dollar pie. Why? Because they don’t have the in-house technical expertise and resources to connect. After all, there are very complex protocols and technical specifications. This has made Punchout out of reach for most vendors and suppliers.
But things are different now. New PunchOut technologies are changing the way the industry operates. Suppliers can now build transparent, secure, and reliable communication channels to connect purchasing organizations using eProcurement systems.
- Getting Started With VARStreet Vinimaya PunchOut Catalog Integration
- How Do Vinimaya PunchOut Catalogs Transactions Work?
- How Vinimaya PunchOut Catalogs Improve Buyers and Sellers Communication?
- Benefits of Vinimaya PunchOut Catalog Integration For The Sellers
- Scalable Storefronts
- One-Time Data Input
- Respond Faster Than Your Competitors
- Built-in Sales Tool And Reporting
- Increased Customer Retention and Repeat Clients
- Pre-Publish Monitoring and Validation
- Single Sign-On Functionality
- Potent eCommerce Benefits
- Incentive Programs, Discounts, and Coupons
- Hassle-Free Purchase Order Requisition and Approval Process
- Marry Your eCommerce With VARStreet Vinimaya PunchOut Catalogs To Success!
Getting Started With VARStreet Vinimaya PunchOut Catalog Integration
VARStreet is your one-stop Punchout Catalog Integration solution.
In the heart of VARStreet is a robust platform with an agile eCommerce engine. You can connect this engine to any eProcurement system anywhere, as well as to any other buying environment your prospects and customers are used to.
The result – unprecedented flexibility and adaptability.
The powerful VARStreet eCommerce engine, when integrated with the industry-leading eProcurement systems like Vinimaya, gives you the edge over your biggest competitors and prospects by enabling procurement and PunchOut capabilities.
This fast, affordable and advanced Vinimaya PunchOut Catalog integration helps you create and manage catalogs for multiple clients without any dedicated requirement of IT resources to do it.
The powerful Vinimaya PunchOut Catalog Storefront allows you to create your own customized, fully functional site. All it takes are a few simple steps with push-button ease.
Once you load the data, you are ready to scale and grow your online sales across marketplaces worldwide. You can create dozens, even hundreds more of these sites in minutes using the powerful Vinimaya PunchOut Catalog Software Console, making you more nimble and ready to respond to any prospect or customer at a moment’s notice.
How Do Vinimaya PunchOut Catalogs Transactions Work?
When compared to traditional eCommerce experiences, PunchOut’s main differentiation is that the end-user won’t have to navigate through a normal checkout process. PunchOut Catalogs allow users from within the Vinimaya eProcurement system to PunchOut and be authenticated into the reseller’s / supplier’s eCommerce application.
So, how do PunchOut transactions happen? These five steps illustrate the entire process:
1. User Logs In To The Vinimaya eProcurement Storefront
The first step is to log into the Vinimaya eProcurement storefront. Once you’ve logged in, proceed to select the icon or link to your Vinimaya PunchOut catalog. This will lead you straight into your Vinimaya homepage, which is housed in a friendly user interface tool app for easy and efficient browsing and selecting a product.
2. Search For Products
On the Vinimaya Homepage, you can search for products under different categories listed within the catalog. One way is to search for products by using the search bar and entering your component number or product description. As you type, the catalog will help you by recommending products based on your search.
3. Add Your Products
The “Quick Order” feature allows you to quickly add a product straight to your cart. Simply type in the component number followed by a comma and the quantity and click the “Add to Cart” icon. You will then have your product added directly to your cart. From here, either move through the cart or go back to continue shopping for products.
4. Transfer Cart Back To User’s eProcurement System
Once you are directed to your cart page, you will see an overview of the products that you’ve added, along with their quantity, availability and price information. You can change the quantity by clicking the plus or minus icon or simply typing in a new quantity. Don’t forget to click the “Refresh icon” to set the quantity you’ve changed. After ensuring your cart is correct, you are ready to move on and check out. On clicking “Check Out”, your cart is punched out back to your Vinimaya eProcurement storefront where you can validate the details of your order.
5. Approval and Order Fulfillment
Ultimately, a Purchase Order Requisition will be created in the Vinimaya eProcurement system. Once approved, that PO would get sent to the vendor to fulfill and automate the process. So, this is how Vinimaya PunchOut Catalog provides a simple and reliable procure to pay transaction process. But there’s more to the benefits of PunchOuts.
How Vinimaya PunchOut Catalogs Improve Buyers and Sellers Communication?
Earlier, eProcurement vendor catalogs were limited to the basic spreadsheet style of product listings. These cumbersome line-item lists of product data forced buyers to search through millions of products in thousands of look-alike catalogs to find what they needed.
The advent of PunchOut catalogs simplified the procurement process allowing suppliers to differentiate themselves while giving greater convenience to the buyer and the administrators.
Benefits of Vinimaya PunchOut Catalog Integration For The Sellers
Vinimaya PunchOut Catalog integration is more than just a sales solution for sellers with e-procurement systems:
Part of Vinimaya PunchOut Catalog’s multi-purpose capabilities is the ability to grow your business through massively scalable repeatable sites.
One-Time Data Input
You only have to input your catalog data the first time and never do it again. This means you can quickly create new PunchOut sites via your master admin control panel, tweaking any products or prices your new customer needs.
Respond Faster Than Your Competitors
Compared to your competitors, you can respond faster and more effectively. This major competitive advantage gives you an edge in landing contracts with bigger eProcurement prospects and retaining your most important eProcurement clients.
Built-in Sales Tool And Reporting
VARStreet Vinimaya PunchOut catalog integration lets you track and report all sales transactions and helps you make more informed business decisions. For example, you can follow trends, forecast sales, or make historical comparisons to identify the important areas to focus your marketing on.
Increased Customer Retention and Repeat Clients
The powerful Vinimaya PunchOut Catalog software integration comes with tools and technologies that can help the sellers create deeper levels of trust with their customers, leading to increased customer retention and long-term repeat sales.
Benefits of Vinimaya PunchOut Catalog Integration for The Buyers
Along with the tools that help you as a seller, VARStreet Vinimaya PunchOut integration also provides the customers and prospects unprecedented buyer solutions:
Pre-Publish Monitoring and Validation
This groundbreaking Vinimaya PunchOut Catalog solution gives your customers the ability to monitor and validate your PunchOut catalog changes before they are published to your site.
By offering your customers an out-of-contract buying solution, you’re also giving them a level of visibility, security, and convenience that is incomparable to your competitors.
Single Sign-On Functionality
With single sign-on (SSO), customers have access to both your supply chain and eCommerce platforms without having to manage multiple logins. Simplifying the log-in process to only one set of credentials enhances enterprise security. Because employees don’t use different passwords for each app. It’s only natural that they keep a common password.
Potent eCommerce Benefits
VARStreet Vinimaya Punchout Catalog integration offers the customers a potent variety of advanced functionality to meet virtually any business need.
For example, they get product customization and configuration on the fly, management and proof on demand of digital marketing materials, real-time requests for quote tools with automatic order conversion, a flexible shopping cart that accepts a wide variety and combinations of payment methods, and much more.
Incentive Programs, Discounts, and Coupons
It’s not cost-effective to create integrations tailored for every buyer. But with a managed gateway like VARStreet, you can offer your buyers incentives, shopping discounts, coupons, gift certificates optimizing the purchasing experience. This leads to accelerated buying cycles and increased customer satisfaction.
Hassle-Free Purchase Order Requisition and Approval Process
The multi-purpose capabilities of Vinimaya PunchOut Catalog Software set you further apart from your competition with an automated purchase order requisition and approval process.
This buying environment adaptability coupled with advanced functionality helps you stimulate sales with warm, inviting eProcurement experience tailored to the specific business needs of your customers.
Marry Your eCommerce With VARStreet Vinimaya PunchOut Catalogs To Success!
So, what does all this mean to you and your business?
VARStreet Vinimaya PunchOut Catalog Software integration will help you deliver what today’s eProcurement managers and buyers want, and your competitors don’t have —
functionality, convenience, flexibility, accountability, adaptability, protection and control.
And all these let you build a rock-solid business on four proven pillars of success. By delivering and implementing these advanced PunchOut and eCommerce strategies, you will empower your business to:
- Captivate buyers’ and sellers’ attention
- Differentiate yourself from the competitors
- Position you as an industry leader
- Make deeper connections with your customers
But the full scope of such powerful technology cannot be conveyed in a simple report. Contact us today, and we’ll be happy to give you a full demonstration.