As we all
know, PunchOut functionality enables B2B customers access their own customized ecommerce
site. Often referred to as a procurement solution, it integrates customer’s
procurement system with supplier’s catalog. With a single click, without
entering any login credentials, the customer gets direct access to his contract
catalog. PunchOut ensures tailored procurement meaning pre-negotiated or
pre-approved products are accessible directly to every B2B customer. Customized
content and timely content updates are the hallmarks of PunchOut.
Negotiated
pricing that includes special offers or discounts are accessible only to that
particular B2B customer. It gives an Amazon-like shopping experience and
simplifies ordering process for both the customer and the supplier. Customers
no longer have to hunt through the entire supplier catalog in order to access
their contract product. The PunchOut catalog is also completely maintained by
the supplier.
cXML is one
of the most preferred formats to enable use of PunchOut. One of the most widely
adopted B2B protocol, it is a flexible format, easy to implement and promotes
interoperability. cXML PunchOut involves
transfer of data between customer and supplier in cXML messages. Typically, the
catalog content that includes product description, images are in cXML format.
cXML acronym
for commerce XML is a language designed for B2B ecommerce. It is used for
online exchange of business transactions between procurement applications and
suppliers. It defines the structure of business documents such as purchase
order.
cXML PunchOut solution provides an easy way to share data
between B2B ecommerce applications. Moreover, it allows access to product data
that is tailored to their requirements. cXML PunchOut creates a link from one
cXML transaction to another. Also due to cXML format, the shopping cart created
at supplier’s site can be sent back to the procurement system for approval. No
wonder, PunchOut catalogs using cXML connectivity make it easy to do B2B
business.
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