B2B COMMERCE IS COMPLICATED
B2B commerce involves large orders that often result in mistakes, research reveals that more than 8% of entire revenue is lost due to human mistakes in order entry.
In addition payments are very flexible. Each buyer receives and negotiates special pricing and payment terms which are sometimes unique per order. This creates a time consuming and error prone monitoring process which often results in bad debts. This major issue causes a loss of more than $300 billion in the US alone every year.
The wide majority of B2B commerce is still done by low tech means such as phones, emails and etc. Only 12% of B2B sales currently being done online, while 93% of B2B shoppers prefer to buy online when they’ve decided what to buy (as of 2015). This fact causes a major loss of clientele for companies who are left behind.
B2B ECOMMERCE SYSTEM BUILT FROM THE GROUND UP FOCUSING ON WHAT MATTERS
Our system is an order management tool, not a “storefront” like other solutions. We focus on creating a faster, more reliable order experience that fits the B2B clientele.
In addition we also provide a realtime way to update and notify you about changes needed in a specific order at any stage which help eliminate human errors in the original order.
Returns are managed the same way as orders do since they are an integral part of the B2B commerce and not an abnormal issue that needs to be resolved.
With our revolutionary “patent pending” debt tracking system orders are approved automatically according to the buyer’s specific contract and standing. In case of an issue you are notified immediately and can act accordingly. Every decision taken by the system can be simply overruled so you do not need to “trick” the system if you wish to approve an order in spite of the buyer’s standing.