B2B businesses deal with large and complex ordering processes. To keep business going, they require robust front-end and back-end systems. Magento has a host of native B2B features included at the core of the application, such as multiple buyers per account, requests for quotes, and more.
Features
Company Accounts
Magento allows the creation of a company structure that reflects the B2B business.
Company accounts can be set up from the storefront and the Admin section.
Company Structure
Create a company account that is associated with the admin login.
Create users who are associated with a particular division or subdivision of the company
Quick Order
Magento’s quick order simplifies the order process.
Quick order reduces the order process for those who know the product name or SKU of the products they want to order.
Quick order can be used by customers who are logged in to their accounts, and guests as well.
Requisition Lists
A requisition list is used to create frequently ordered items.
Requisition lists save time during reordering because items are added to the shopping cart directly from the list.
Maintain multiple lists that focus on products from different vendors, buyers, teams, or campaigns.
Up to 999 requisition lists can be maintained for each customer account, depending on the configuration.
Quotes
Magento allows buyers to initiate a ‘Request to Negotiate’ the price from the shopping cart.
History of communication between the seller and the buyer is maintained.
The quote grid also displays the base quote as well as the negotiated quote.
Multi-Source Inventory
Using the multi-sourcing inventory option allows merchants to manage a particular product quantity from different sources or locations.
The multi-source inventory (MSI) allows users to manage sources for inventory location, stocks for each channel, catalog the product inventory, and orders.
Customizable Security
Set a custom path for the admin area, stop intruders, and use an SSL to secure web pages. Provide customers security when shopping.
Monitor security on the platform and release new security patches to plug vulnerabilities.
Merchants and developers get tools and documentation to keep their online store safe.
Access to a large community
Magento is an open-source platform and currently has more than 300,000 developers around the world.
Over 250,000 businesses use the platform.
Users can access a huge library of third-party extensions to add just about any functionality to their online store.
Magento also supports a wide variety of third-party integrations, making it possible to customize.
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