Amazon Business launches ‘Punch-in’ procurement tool

For the billions of dollars in annual transactions on Amazon Business, many of them are processed when buyers use punch-out software to connect to the marketplace from their company’s procurement and spend management software.

Now, businesses can give their buyers the option to go straight to Amazon Business to make a purchase and “punch in” to their company’s procure-to-pay (P2P) spend management software to maintain records of their purchasing activity.

Amazon launched yesterday Amazon Business Punch-in, an online tool designed to let companies manage their buyers’ spending even when they don’t start a purchase through their e-procurement software system. Amazon introduced the Punch-in product yesterday with procurement technology vendor Compleat Software. Amazon says it is already adding “new partners” yet to be named.

“This new feature will simplify the buying process for many of our customers,” says Todd Heimes, global director of Amazon Business. “For those companies

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