B2B Payments

PunchOut2Go Launches New Extensions For Magento Marketplace

PunchOut2Go has announced the launch of its new PunchOut for Magento Marketplace extensions for Magento 1 and Magento 2. The company specializes in technology solutions that connect B2B Commerce and spend management procurement applications, including SAP Ariba, Coupa, Jaggaer, Oracle and more.

The cloud-based, adaptable gateway solution allows suppliers to integrate PunchOut catalog functionality into their existing eCommerce platforms, while also providing 100 percent PunchOut compatibility with any procurement system. The new extensions were released to reduce the cost and complexity of offering PunchOut catalogs from a Magento store.

“We have worked with Magento and supported Magento B2B sellers for over a decade, providing connections to more than 100 eProcurement platforms in over 40 countries,” said Brady Behrman, PunchOut2Go CEO and co-founder, in a press release. “Our latest Magento Marketplace extensions are our most significant releases yet, offering robust Magento PunchOut catalog and order automation integrations to any eProcurement, spend management or ERP platform.”

The new PunchOut2Go solution also enhances the company’s partnership with Magento, offering a proven PunchOut solution to its marketplace. With PunchOut2Go for Magento, sellers can meet the needs of its users without expensive custom development, while also increasing buyer retention.

It was also recently revealed that PunchOut2Go is working with online commerce solutions provider BigCommerce, which has added B2B eCommerce to its suite of services. The firm is working with several partners that offer their own B2B solutions, which integrate their tools into the BigCommerce B2B platform.

In addition to PunchOut2Go, other collaborators include trade credit solutions provider Apruve, which will integrate its payment term management and payment receipt tools, as well as Bundle B2B, leveraging BigCommerce’s API to provide eCommerce tools for corporate buyers and sellers. BigCommerce is also working with retail operations platform Brightpearl, machine learning shopping experience company Nextopia and storefront shipping management system ShipperHQ.

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