PUNCHOUT

Optimize eProcurement
with PunchOut catalog software

Shop millions of products within Fraxion's eProcurement software with PunchOut catalog integration.

Centralize and streamline purchasing

The process of manually purchasing goods from a vendor's catalog can be time-consuming. You probably find yourself logging in to an online catalog several times, obtaining quotes, and gaining approval before a purchase order can be generated and manually sent to a supplier. Even with an in-house catalog connected to your procurement system, the catalog may not reflect accurate pricing or stock availability, leading to additional emails and phone call inquiries.

Wouldn't it be great if you could navigate from your purchase request directly to a vendor's online catalog in real-time, add items to your cart, and have those items reflected in your purchase request as soon as you check out? With PunchOut catalog software integration, you can do exactly that!

 

PunchOut benefits

 

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No maintenance

Vendors maintain catalogs and real-time updates on item availability, pricing, discounts, and shipping costs.

 

 

 

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Precise product info

Catalogs are maintained by PunchOut vendors, so buyers can take advantage of more accurate item details and real-time inventory.

 

 

 

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eCommerce experience

Access vendor websites directly from Fraxion's eProcurement interface via PunchOut catalog integration.

 

 

 

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Increased productivity

PunchOut enables more efficient order processing, through online automation that saves time and streamlines the purchasing cycle.

 

 

 

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Supply chain efficiency

Gain integrated access to millions of products. Simplify sourcing and eliminate the time spent browsing numerous vendor sites.

 

 

 

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Spend control

Streamline purchasing without sacrificing financial control. Automate purchasing workflows with complete visibility and internal spend controls.

 

 

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Convenience

Browse catalogs, shop, checkout, and take advantage of fast, convenient fulfillment and shipping processes.

 

 

 

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Policy control

Ensure that all PunchOut purchases are tracked, approved, in budget, and procurement policy compliant.

 

 

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PunchOut

PunchOut online in 10 easy steps:

  1. Create a purchase request, then click the PunchOut button.
  2. Select a PunchOut vendor to buy from.
  3. Add items to your cart, then checkout.
  4. Items are automatically added to your purchase request.
  5. Update the required fields in your purchase request, such as delivery address and approval flow.
  6. Submit for approval.
  7. Once approved, a purchase order is created in Fraxion.
  8. The buyer submits the purchase order electronically to the vendor.
  9. Once the purchase order is accepted by the PunchOut vendor, the order is considered as placed, and the invoice can be captured in Fraxion.
  10. The order can be viewed in open purchase orders and receipts can be created against it, once the items have been delivered.

 

Don't see your vendor?

We have connected with over 45 vendors across different industries and the list continues to grow. We can easily integrate with your preferred vendor if they are cXML-enabled.

If your vendor is not cXML-enabled, we work with third-party consultants who can assist in getting your vendor PunchOut-ready!

  • “

    Great tool for everyday spend management

    Our greatest feature has to be PunchOut. When we went live with it, everyone really started to enjoy it. Less paperwork in filing cabinets and paperless purchasing has been a wonderful change.

     

    Purchasing Agent
    Robert S, Education Management

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  • “

    Accountability and process efficiency

    “Fraxion has streamlined our purchasing and procurement process tremendously. And it definitely has alleviated the need for our buyer to do so much manual work. We have better accountability in tracking approvals.”

     

    Controller
    Anthony P, Mesa Water District

     
  • “

    Faster purchasing processes and complete visibility


    “Fraxion allows companies to accurately and efficiently expedite any and all purchases. Companies automate routing and approvals, establish dollar limits, and more. All with a complete visibility and a complete audit trail to record accountability. With Fraxion, we just enter the info in the system, even from remote locations. Everything goes through the whole approval process automatically. Most orders only take one to two minutes to complete.”

    Associate Director, Operations
    Jason S, aTyr Pharma

     

Simplify eProcurement and compliance with PunchOut catalog software

Get in touch to see a demo of Fraxion PunchOut.