Download PunchOut Partnership Press Release
Detroit, MI – November 14, 2016 – Paramount WorkPlace, a leading software developer and provider of web-based and mobile spend management software solutions, announced today a partnership with PunchOut2Go, provider of punchout catalogs and B2B order automation solutions that easily integrate with any commerce application.
This partnership will provide more PunchOut options for Paramount WorkPlace cloud-based and on-premise software users. With PunchOut, users can browse and shop a supplier’s catalog in real-time on the vendor’s website, populating their requisitions automatically, resulting in quick, error-free processing. After approval, purchase orders are created and sent automatically to the appropriate vendor. PunchOut also enables suppliers to sell online in an efficient, convenient, and standardized way, and gain the ability to respond rapidly to customers’ procurement initiatives.
“One of our main objectives is to provide Paramount WorkPlace users a fast, easy, and direct access to the online PunchOut Catalogs of their suppliers, to further automate and simplify their entire procurement process, and to gain a strong ROI on their investment,” said Khensa Bangert, VP of Marketing & Business Development for Paramount WorkPlace.
Brady Behrman, CEO of PunchOut2Go, said, “What’s unique about PunchOut2Go is the 100 percent focus on the enablement of suppliers’ applications, providing an adaptable gateway solution that is leveraged by organizations in over 30 counties to integrate Paramount Workplace PunchOut catalog capabilities within their existing e-commerce infrastructure. Suppliers that leverage the PunchOut2Go Gateway reduce their costs and complexity by integrating PunchOut and other e-procurement processes. Suppliers benefit from 100 percent PunchOut compatibility with any procurement system for end-to-end B2B automation.”
For suppliers that do not have an existing eCommerce system, PunchOut2Go provides packaged solutions for over 30 eCommerce platforms, including Shopify, Magento, IBM WebSphere, NetSuite, 3DCart, and CNET ChannelOnline. Buying organizations maximize their ROI by partnering with PunchOut2Go and Paramount Workplace to help streamline supplier integrations and simplify spend management.