VBWebSites develops PunchOut Capabilities - First in Virginia - it's a K.O.
Released : January 1, 2010
After several years of planning and a year of Development, VBWebSites becomes the first web development company in the state of Virginia that has tackled the development of PunchOut capabilities with extended solutions.
Project: Harper Hardware and Tools
The Basic Plan:
Phase 1: To take their database of 70,000 + items and populate to website.
Learn More about Punchout Catalog Development
Basically how this system works is the State of VA has approved vendors, Roughly 45,000. Of the 45,000 Vendors, only about 1,000 have any type of catalog established and only 40 or so have PunchOut capabilities. The companies that have these PunchOut capabilities are Fortune 500 Companies. We are now going to be able to setup PunchOut catalogs for the small businesses that until now had no clear direction on where or what to do.
On to how it works.. In a nutshell: A Buyer from the state (may include Schools, Jails, Police Departments etc.) are able to login to their EVA buyer platform. From this platform they are able to navigate the states site to find approved vendors. From there, they would be able to for instance click on Harper Hardware which would take them to the Harper Hardware site. Our system recognizes that they came from eva.state.va.us. When they go to checkout, all of their cart contents are carried back to the states website where they can now make the purchase seamlessly without the need of purchase orders, credit cards etc.
There are a number of different e-procurement models. The earliest model relied on a point-to-point connection such as Electronic Data Interchange (EDI). In this model, each buyer or seller might have to adapt their transaction mechanisms separately for each trading partner. Two other models, developed to streamline these processes, are becoming increasingly common: the sell-side model, in which the vendor's information is hosted on their own (or a service provider's) server and accessed from within the buyer's procurement system; and the buy-side model, in which the information from multiple vendors is organized into an application that resides on the buyer's server. PunchOut, and similar products based on the sell-side model, allow buyers to access all the information on the vendor's Web site, rather than the selected information that is collected for the buy-side application.
Relevant Websites for for information are:
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