A Punch-out catalog is a specific type of a web-based supplier catalog that connects an organizations e-procurement system.
For this demo, we shall be using Oracle’s e-procurement system. Procurement systems are very complex and require expensive software. They are used by large companies to ensure buyers make all purchases in a controlled framework.
There are 2 benefits of using the system
- Saves buyers time and effort
- Allows executives to keep track of purchasing pattern
Since the procurement system is internal to the organization suppliers and buyers can access the system to make purchases. Thus having a punch-out catalog can be advantages.
For a quick demo, click on the link below –