Blog: September 2015
What the heck is a punchout company store?
September 30, 2015If you haven’t yet, you’re probably going to get an RFP or RFQ from a big customer that requires a company store with punch out (or “PunchOut”) capability. What exactly is a punch out store anyway? And why should you care?
A lot of large corporations use procurement software to control how goods are purchased. If you’re in the marketing department at one of these companies and you need to buy some pens, you log in to these systems —Ariba, Coupa, SAP, Oracle or one of many others—and place your order in there.
The primary advantage of these systems is controlling cost. They manage budgets, limit spending and try to make the purchasing process as efficient as possible. However, they don’t do things that some e-commerce stores can do, and that’s where the “punchout” comes in.
If it sounds complex, it is! There are a lot of moving parts, but the good news is that storeBlox CS supports punchouts with nearly every major system using the cXML standard.
At eBlox, we’re pros with punchouts, so if you’ve got an opportunity and need some help answering questions, digging into technical details or building a punchout strategy for your customer or prospect, give us a shout!
Categories: General
Tags: ariba company store coupa e-commerce oracle procurement punch out punchout SAP