SYS-CON MEDIA Authors: Michael Bushong, Eric Brown, Gilad Parann-Nissany, Kevin Benedict, PR.com Newswire

News Feed Item

Procserve Launches World's first B2B eCommerce Instance of Amazon

LONDON, March 20, 2014 /PRNewswire/ --



Procserve, the leading UK B2B Commerce Network, is delighted to announce the launch of the world's first B2B eCommerce instance of Amazon.  This ground breaking solution gives organisations all the benefits of buying from Amazon - while using existing and familiar corporate procurement systems and processes.

     (Logo: http://photos.prnewswire.com/prnh/20140320/675074-a )

     (Logo: http://photos.prnewswire.com/prnh/20140320/675074-b )

YouTube Video: http://www.youtube.com/watch?v=8xgOZ3Gq6QM

Working closely with Amazon, Procserve has developed and deployed a solution that enables any enterprise to access the Amazon marketplace to search for, and purchase items using their corporate procurement solution as they would do with any other eProcurement enabled supplier. The solution is combined with Procserve's ePayments, to completely remove the need for invoice processing, while still providing buyers with line item level VAT information and spend data.

The Procserve Amazon solution enables buyers to:

  • Access the largest catalogue of products from the world's biggest online retailer
  • Buy from Amazon using your existing corporate procurement  processes and eProcurement platform
  • Reduce the cost of working capital, with up to 58 days interest free credit on UK Sterling purchases
  • Ensure purchasing is compliant with your procurement policy
  • Get full visibility and control of the long tail of spend in your organisation
  • Create an end-to-end electronic paperless process; literally 'Requisition to Payment'
  • Achieve process integration efficiencies without costly back office integration
  • Enhance all ePayment transactions with Level 3 data for automatic consolidated VAT reclamation

Nigel Clifford, CEO of Procserve is delighted to be able to provide customers with access to Amazon's formidable online presence and fulfilment capabilities. "We have strong demand for appropriate corporate access to Amazon from our customers and, working closely with Amazon, we have been able to make this a reality. We believe combining  our easy to use B2B eMarketplace with Amazon's world leading content creates the biggest opportunity for change in corporate procurement behaviours in decades."

About  Amazon

Amazon.com, Inc. (NASDAQ: AMZN), a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com, Inc. seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavours to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as Books; Movies, Music & Games; Digital Downloads; Electronics & Computers; Home & Garden; Toys, Kids & Baby; Grocery; Apparel, Shoes & Jewelry; Health & Beauty; Sports & Outdoors; and Tools, Auto & Industrial.

Amazon and its affiliates operate websites, including http://www.amazon.com, http://www.amazon.co.uk, http://www.amazon.de, http://www.amazon.co.jp,

http://www.amazon.fr, http://www.amazon.ca, http://www.amazon.cn, http://www.amazon.it, http://www.amazon.es, http://www.amazon.com.br, http://www.amazon.in, http://www.amazon.com.mx, and http://www.amazon.com.au. As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.

About  Procserve 

Procserve, the leading UK B2B Commerce Network, was established in 2006 to develop and run the Government eMarketplace. Procserve's secure networks have now carried more than £1.8 billion worth of transactions and are today used by over 13,500 buyers and 30,0000 suppliers to buy, sell, and share information within online communities. Its offering includes, but is not limited to, Purchase to Pay (P2P), Integration-Platform-as-a-Service (IPaaS), electronic payment (ePayments), and dynamic marketplace solutions, as well as specialist eProcurement implementation services. Most companies are spending 10% more than they need to and Procserve help them make that saving. For more information, please visit http://www.procserve.com or follow us on Twitter @Procserve.

For more information, please contact:

Cora Byrne, Procserve
Tel: +44(0)7896-598040 |Email: [email protected]

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.