Published: 14:48, 29 August 2018
| Updated: 15:29, 29 August 2018
Is buying supplies a painstaking process for your business? Are you frustrated by the hours spent on fishing out the best possible prices?
Then help is on hand at a place you are probably better familiar with when buying things like presents or for seeking out deals.
Amazon is offering businesses - from big to small - a free platform that can streamline supply purchases, manage spending and offer cut-price discounts.
Signing up for a free Amazon Business account will open up an array of solutions and benefits to the user including discounts, fast delivery options, and analytics reports. Once registered, those with accounts can search millions of products in the Amazon Business inventory.
Amazon Business essentially simplifies the entire procurement process for businesses and office administrators by helping them find, compare and order their supplies with what the online retailer describes as “fast, reliable shipping and flexible payment options”.
Multiple sellers can compete for purchases on common stock keeping units (SKUs) on the most favourable terms for customers.
This business-to-business marketplace solution aims to do away with the frustrating process experienced by many companies when it comes to things like bulk purchases.
Resembling a ‘reverse auction’, customers - already familiar with the know-how of how Amazon works - can thus save time and money in the process by using this platform.
Amazon Business also has additional business-specific features including bulk pricing, Pay by Invoice (subject to satisfactory credit checks and credit limit), downloadable VAT invoices and spend management tools.
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More by this authorJohn Leonidou