As you know, large customers commonly use a procurement system to conduct transactions with their suppliers. So they are often on the lookout of some sort of mechanism or functionality that integrates well with their procurement system and makes their purchasing process more streamlined. Large buyers don’t want the typical B2C checkout process since their approval process is different. This is where a PunchOut catalog comes into picture.

It is essentially a protocol that seamlessly connects a buyer’s purchasing system to a supplier’s ecommerce site. As a result, the buyer gets easy accessibility to the supplier’s ecommerce site within the procurement system. So one can say that the buyer can do the shopping without leaving his ‘home’.
PunchOut catalog solution provides the easiest way for large buyers to do their shopping. The customer doesn’t have to fill any username (email ID) and password field to view the supplier catalog. A single click transfers the buyer to the desired site where he can view his negotiated vendor contract catalog. The catalog will showcase buyer specific products and prices. Therefore, it won’t be wrong to conclude that the catalog is customized to meet the buying organization’s requirements.

So even if the buyer is not aware of his contract, there is absolutely no need to worry. This is because through PunchOut, he get access to his own catalog only that contain pre-approved products at agreed upon prices. So PunchOut streamlines and brings greater accuracy in purchasing process by eliminating off-contract spending and unnecessary expenditures.

So when it comes to reigning maverick spending and ensuring contract compliance while purchasing products, large buyers can completely rely and depend on PunchOut. SAP, technology provider is often preferred for PunchOut services. SAP PunchOut can certainly help to increase efficiency and accuracy throughout the purchasing process.