In 2018, Amazon Business launched Guided Buying, a Business Prime feature that guides buyers to the “right” items. It gives administrators the ability to automatically enforce preferred and restricted purchasing policies, enabling buyers to more easily adhere to their organization’s purchasing goals and improve purchasing compliance. When creating this new...
As businesses of all sizes settle in to the new year, leaders often pull reports on annual spend data to create new budgets and plan ahead. This common need prompted our customers to ask for procurement analytics, which is why we built Spend Visibility. Spend Visibility, powered by Amazon QuickSight,...
Amazon Business introduces new benefits for Business Prime designed for organizations with multiple buying employees - Amazon Guided Buying and Amazon Spend Visibility. In a nutshell, Guided Buying lets you configure the Amazon shopping experience for your business specific policies and capture more of your spend with Amazon Business. Spend Visibility enables you to gain procurement insights into spend by department, category, supplier, and month, and fine tune your policies to manage future spend.
The ability to analyze spend is critical to identifying opportunities, ensuring compliance, managing suppliers, measuring savings, and understanding trends. However, without the correct data, accurate spend analysis is difficult or impossible.
In procurement, category management means organizing purchases into units that match distinct categories of suppliers (rather than according to internal needs and processes), and then aligning management of those categories to the organization’s key objectives. With category management, organizations can pursue distinct strategies that match the realities of each category,...
Purchasing for such items is already decentralized; empowering employees with buying authority can seem counterintuitive just when procurement is making inroads into consolidation.
With new curation features of Amazon Business such as built-in custom messaging and product flagging, you can keep your purchasing programs on track.
It’s becoming even easier to organize and reconcile orders made with your Amazon Business account. Now account administrators can set up custom fields for employees to enter specific purchase order details.
After you've created your new Amazon Business account, you’ll notice a few changes to your Amazon experience. Here are a few tips to help you get familiar with your new account.
Amy MacPherson of Amazon Business will conduct four webinars in September for customers wanting to learn how to maximize the benefits of their business accounts.