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4 Experts, 1 Big Question: Why Private Marketplaces?

Sell More with the Power of B2B Connected Commerce

B2B buyers want a fast, easy purchasing experience that works with their existing procurement systems. TradeCentric powers the largest marketplaces like ABB, Quartzy, Walmart Business, Wayfair, and more to connect with customers’ eProcurement and ERP platforms.

We help you eliminate complexity, sell more efficiently, and grow faster with B2B Connected Commerce.

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Quartzy
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How we’re unlocking new opportunities for marketplaces

For marketplaces, it’s all about working smarter and faster. By enabling solutions such as PunchOut, Purchase Order Automation and Invoice Automation, marketplaces can:

Boost Gross Merchandise Value (GMV) with an integrated shopping experience

Attract and retain enterprise customers who require procurement compliance

Accelerate order-to-cash cycles with automated purchasing and invoicing processes

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Ideal marketplace model for eProcurement

Is your marketplace ready for eProcurement integration? Here are a few prerequisites before starting your Connected Commerce journey:

  • Purchase orders are placed directly within the marketplace
  • Marketplace must support Net Payment Terms vs credit card only
  • The Marketplace Operator is the Seller of Record on all transactions

Quartzy leverages B2B Connected Commerce to maximize marketplace adoption

After establishing a strong eCommerce program, Quartzy, a leading life sciences marketplace, identified the need to offer eProcurement integration capabilities. Following a thorough build-versus-buy analysis, they partnered with TradeCentric to achieve scalable integrations with their customers.

  • Up to 3X sales growth per customer
  • Reduction in engineer time spent on integrations, from almost 100% to 10-20%
  • Faster time to market
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