Ah, the Item Catalog. Is there anything more universally loved and reviled at the same time? Likely not. Let’s face it, maintaining an Item Catalog can be a boon for your purchasing department, but it’s also a pain. Fortunately, there’s a solution.
A better way to catalog
Introducing Punchout – a growing realm of eProcurement software that effortlessly blends the need for an up-to-date Item Catalog with the ease of shopping online. Here’s how it works:
When users start an order, they’re taken directly to the vendor’s website where they can shop to their heart’s content. They can quickly peruse the vendor’s item catalog, all with up to date pricing, right then and there. Once they’re done, their cart is transferred automatically back into your eProcurement software to handle approvals. Once approved, the order is sent to the vendor electronically to finish out the order.
That’s it! No more maintaining and uploading big, complicated spreadsheets of items. Punchout does it better.
Don’t lose control
I know what you’re thinking – that sounds pretty great, but how do I keep users from buying unauthorized items? Easy! You can still setup and maintain a curated catalog of items for each vendor, even with Punchout.
Punchout vendors can supply your team with a unique catalog code that contains only the items that have been pre-approved for purchase. No need to worry about wandering eyes or maverick purchases when they can’t see those items to begin with.
Save money with every purchase
And did I mention you can save money while doing it? With Fraxion Punchout, you can save up to 30% on your everyday purchases at several top vendors like CDW, Staples, and Grainger without lifting a finger! eRequester’s group purchasing organization does all the price negotiating for you so you can sit back and enjoy the benefits without all the hassles like contracts, minimum purchase amounts, or membership fees.
Can you really have less work and more savings without giving up control? With Fraxion and Punchout, yes you can! Want to see how Punchout can save you time and money? Contact Fraxion today.