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Friday, May 16, 2014

NetSuite Unveils New B2B Customer Center for SuiteCommerce

At SuiteWorld 2014, NetSuite CEO Zach Nelson, in the opening keynote, announced the latest release of B2B Customer Center, built on the SuiteCommerce platform. Given that business models are increasingly converging and lines blurring (retail vs. distribution vs. manufacturing, products vs. services, B2B vs. B2C vs. B2B2C, etc.), the idea is to enable business to business (B2B) merchants (distributors, manufacturers, and B2B buyers) to deliver a business to consumer (B2C)-like online shopping experience (see image below).

Business must be commerce ready, and integration of front-office customer relationship management (CRM) data with back-office enterprise resource planning (ERP) data is an imperative—with astute omnichannel order management capabilities at the core. To that end, NetSuite’s new B2B Customer Center allows B2B buyers to view order status, details, and history, track shipments, reorder goods, approve quotes, make payments, manage account information, request refunds and returns, and more, in a secure password-protected environment.


 


The major features of the B2B Customer Center include a self-service customer portal, new customization, billing and payments, account, and product management capabilities that promote business efficiency by offering tools such as lists for seasonal purchasing and frequent buyers (to create custom shopping lists, or wish lists, to expedite recurring purchases). NetSuite SuiteCommerce's extensible platform supports role-based permissions, allowing customers to extend the solution to business-specific use cases, such as branded design, streamlined ordering, and payments. Responsive web design capabilities optimize the site for multiple devices, meeting the growing need of both buyers and sellers to access information and complete transactions anywhere and anytime.

As demonstrated to the conference attendees (see photo below), B2B buyers now have flexible payment options, including paying single invoices or multiple invoices, or making partial payments. Buyers can take advantage of discounts for paying early, whereas overdue invoices are highlighted to ensure proper payment. Customizable dashboards give buyers a snapshot overview of outstanding and available balances, deposits, credit limits and memos, current terms, and more. NetSuite distribution and manufacturing customers such as VHA Corp, EndoChoice, CMP Corp., Liberty Bottleworks, Tacoma Screw Products, Cleaner's Supply, and PAG Leisurewear are using NetSuite SuiteCommerce to reach new markets, drive site traffic, and improve operational efficiency by eliminating manual steps in phone, e-mail, and fax orders.




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