Transactions, technologies and trends

The United Nations Standard Products and Services Code (UNSPSC) is a globally recognized classification system for products and services. It provides a standardized way of categorizing various goods and services across different industries.

Our latest release introduces Workspaces in Analytics for simplified organization of financial reports and sharing insights between team members.

In today’s data-driven world, businesses constantly seek innovative ways to extract value from their vast amounts of information. One valuable asset that often goes untapped is structured business data.

One particularly compelling feature within the Peppol framework is punchout, a combination of process and business messages. It simplifies B2B procurement and B2B e-commerce by allowing buyers to access suppliers’ websites directly from their procurement system, creating a seamless shopping experience.

It is now possible in Sweden to call off electronic business message services using the framework agreement for operator services electronic messages in the Peppol network through the State Procurement Services at Kammarkollegiet.

Punchout technology has the potential to radically increase efficiencies in sales, purchase, and procurement processes for business-to-business transactions. Here’s how to use punchout technologies in B2B procurement.