What is punchout and its benefits?

Punchout is a procurement technology that allows users to access supplier catalogs directly from their own procurement systems. Through a punchout integration, users can browse, select, and purchase items from a supplier’s online catalog, such as Amazon Business, without leaving their enterprise resource planning (ERP) system.

Benefits include:

• Streamlined procurement: Simplify the purchasing process by accessing supplier catalogs directly from your ERP system.
• Increased efficiency: Reduce manual entry errors and save time by automating the procurement workflow.
• Enhanced control: Maintain better oversight and control over spending with integrated approval workflows and budget tracking.
• Cost savings: Leverage negotiated supplier discounts and reduce procurement costs through improved efficiency.