Centralize and streamline purchasing

The process of manually purchasing goods from a supplier's catalog can be time-consuming. If your eProcurement software doesn't support internal catalogs, you might 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 the procurement system, the catalog may not necessarily reflect accurate pricing or stock availability, leading to additional emails and phone call enquiries.

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

What is PunchOut? A method of purchasing from a supplier's website from within a buyer's eProcurement software application.

Benefits to your business:

 No maintenance

All catalogs are maintained by Amazon, with any changes to item availability, current discounts, related shipping costs and pricing made visible to users in real time. 

  Precise product information

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

 e-Commerce shopping experience

Users can access PunchOut catalogs directly from Fraxion. Enjoy an easy and familiar online shopping experience from Amazon's marketplace within Fraxion's eProcurement interface.

  Increased productivity

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

  Supply chain efficiency

Gain integrated access to millions of products from Amazon's extensive product catalog. Simplify the sourcing process and eliminate the time and effort that would be spent browsing numerous supplier sites for a wide range of items and stock availability.

   Spend control

Simplify purchasing processes without losing financial control. Eliminate rogue spending by leveraging established approval workflows in Fraxion. 

  Convenience

Shop, checkout and take advantage of Amazon's convenient fulfillment and shipping process.

Fraxion is proud member of the Amazon Business Partner Network | eProcurement Program

For companies that want to improve accuracy and simplicity in their purchasing workflow, PunchOut delivers—without having to leave the Fraxion user interface. Gain access to one of the world's largest marketplaces within Fraxion.

*More PunchOut suppliers available on request.

PunchOut workflow

PunchOut online in 10 easy steps:

1. Create a purchase request, then click the PunchOut button.
2. Select a PunchOut supplier 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 supplier.
9. Once the purchase order is accepted by the PunchOut supplier, 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.
    
         

    Amazon PunchOut powered by Fraxion  

                                Accountability

“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.”

                                                                               Jason Schneider, Operations Manager at aTyr Pharma