E-Procurement Systems – How to choose the best solution for your business

Electronic catalogues represent an effective e-procurement solution for reducing costs in a business, they offer improved spend visibility and control of purchasing.

Two major types of catalogue are present in the e-procurement world: hosted catalogues (e-cat) and PunchOut. How do you know which solution is best suited to your company? And how does each solution work?

• Hosted catalogues are archived in the P2P system of the customer or the service provider (marketplaces).
• PunchOut is available by means of an interface between the customer’s e-procurement solution and the supplier’s website.

Check out the infographic which explains more…