Like business-to-consumer (B2C) e-commerce, business-to-business (B2B) e-commerce allows customers to purchase parts and supplies via an online portal. The difference is that in B2B e-commerce, both the customers and suppliers are businesses, and the customers may or may not be the end users of the product being purchased. In addition, a B2B solution needs to let customers submit a request for quote (RFQ), negotiate, and do more of the back-and-forth that occurs in business transactions.
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Despite the fact that purchasing is done online—a digital solution for many B2B online platforms—a lot of the back-end processes are still done manually, not much differently than in a brick-and-mortar business. An online order might need to be copied and pasted into an Excel spreadsheet or even an enterprise resource planning (ERP) system, for instance. Ditto for getting customer information into a customer relationship management (CRM) system or generating quotes. This manual back-end work keeps both customer and supplier from operating efficiently, introducing errors into orders, or even delaying orders.
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