Simply put, a B2B e-commerce provides a way for companies to allow
their customers to purchase their products online and increase
revenues , but also provides a host of other indirect benefits.
If you are a company executive immagine your customers, dealers, or
distributors seeing their proposals, managing their orders, paying their
invoices, signing shipping slips all in one place.
There are 8 main advantages B2B e-commerce provides:
1. Reduce Costs and Errors
The whole order process is error prone, thousands of written paper slips are miswritten misread and misinterpreted
2. Speed up Payments
By providing a clear sharing of all accounts receivable items and
a way to settle outstanding payments by credit card
3.Reduce delivery time
If a digital order is taken a company can deliver possibly the
same day since no manual input is needed.
4. Eliminate data entry
When everything is exchanged digitally all manual entry is
simply not longer necessary reducing a lot of time and costs
5. Reducing inventory stocks
By Providing real time availability of an item a customer might
decide to order an alternative one rather than backlogging it.
6. Eliminate Double Checking
When things are done in paper there’s a lot of double checking
overheard since the possibility of having errors is very high
7. Reduce litigation
When all documents are digitally signed little can be lef to
interpretation and therefore the chance of litigation is lower
8. Improving traceability
If everything is done digitally, all transactions are accounted for
and any error can be back-traced to its point of origin.