eCommerce: eProcurement and Punchout

Video: Requiring eCommerce To Do Business

eProcurement and Punchout

Governments, universities, and large institutions are beginning to mandate that eCommerce be a part of contracts. So in order to even receive the work, you have to have those capabilities.

In this video, Justin King explains how and why companies are requiring eCommerce to do business.

Highlights:

  • Large companies are starting to mandate that these capabilities be a part of their contracts
  • So it’s no longer about convincing people that a digital branch is necessary. It is necessary if you want to continue to secure business.

Takeaway:

Governments, universities, and large institutions have started to mandate online purchasing options. How long until other organizations do this as well?

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