FAQ's
PunchOut
What is PunchOut, anyway?
Punchout is a term that typically defines three steps:
˙ Step 1 - The action of a buying entity accessing a su… Read More
Punchout is a term that typically defines three steps:
˙ Step 1 - The action of a buying entity accessing a supplier’s storefront from within their ERP/Requisitioning tool.
˙ Step 2 – The buyer finds products/services (line items) and returns those line items to the ERP; not actually creating an order at that time.
˙ Step 3 – Upon approval a separate, asynchronous electronic ePO is generated by the buyer and sent electronically to the supplier. Read Less
What is an ePO?
An ePO or electronic purchase order is an electronic document generated by a buyer’s ERP platform. Read More
An ePO or electronic purchase order is an electronic document generated by a buyer’s ERP platform. Read Less
What is an eInvoice?
An eInvoice or electronic invoice is an electronic document that some buyers require to be sent electronically to their … Read More
An eInvoice or electronic invoice is an electronic document that some buyers require to be sent electronically to their ERP. Read Less
Can we integrate with a supplier's back office?
Yes. We do it all the time. We'll work with you to understand which documents and what transport methods make sense for … Read More
Yes. We do it all the time. We'll work with you to understand which documents and what transport methods make sense for you. Read Less
Buyers using ERP platforms
Why do buyers use ERP platforms?
They save money. They save due to increased visibility into spend, increased controls on how they spend, lower document … Read More
They save money. They save due to increased visibility into spend, increased controls on how they spend, lower document costs and better integration between buying, accounting, budgeting, contracts and back office. Read Less
Will having a Supplier Solutions integration with that platform help my business?
Yes. Clarity & confidence; both will be restored as our team not only stands up your SaaS, but works side-by-side with y… Read More
Yes. Clarity & confidence; both will be restored as our team not only stands up your SaaS, but works side-by-side with you through each email chain, each conference call, each impromptu WebEx. At each juncture we stand-in lending our expertise, our perspective and our unwavering support to the entire process. We get it, our only success is a mutual one. Read Less
Is this common for Buyers to use ERP Platforms?
Yes, increasingly so.
ERP tools are no longer the just for the Fortune 500. As new ERP/Requisitioning platforms… Read More
Yes, increasingly so.
ERP tools are no longer the just for the Fortune 500. As new ERP/Requisitioning platforms deploy each year; each with a newer, cheaper SaaS model; mid-size businesses are scrambling to begin using these tools and enjoying their benefits. Read Less
Which buyers use ERP platforms?
Large and mid-size companies from all over the planet. Companies in ALL fields of service and product; everything from m… Read More
Large and mid-size companies from all over the planet. Companies in ALL fields of service and product; everything from mining, to textiles, to technology, to sports, to space travel. Read Less
