Laguna Hills, CA – April 9, 2024 – MarginPoint, a leading provider of cloud-based multi-site Facilities and Inventory Management solutions for Multi and Single-Family Property Managers, Government, Universities, Commercial Real Estate, and Construction firms, announced the launch of MarginPoint Punchout, a tool designed to transform the procurement process for its customers. This innovative enhancement allows seamless direct connections to top suppliers such as Amazon Business, Home Depot Pro, and Lowes, all within the familiar MarginPoint environment.
MarginPoint Punchout revolutionizes the way businesses handle procurement by offering access to suppliers’ catalogs through cXML, enabling a direct and efficient purchasing process for all unplanned spend. The MarginPoint platform now supports standard procurement operations like spot buys and routine inventory replenishment, eliminating the need for multiple system interfaces and significantly streamlining the procurement workflow.
Soheil Raissi, CTO of MarginPoint, emphasized the benefits of the new tool: “With MarginPoint Punchout, we are simplifying the procurement process for enterprises, reducing complexity, and increasing efficiency. Our integrated system not only saves time but also provides improved spend visibility, allowing better management and tracking of expenditures.”
Key advantages of MarginPoint Punchout include reduced complexity through a single interface connection to suppliers, increased efficiency with automated replenishment and inventory processes, and improved spend visibility due to integrated purchasing data. These benefits collectively enhance the procurement strategy, saving time, and reducing manual entry errors.
MarginPoint Punchout stands out as a strategic asset for companies aiming to refine their procurement processes, eliminate unnecessary steps, and consolidate supplier interactions through a single, secure interface.
For more information about MarginPoint Punchout, please visit https://www.marginpoint.com.
About MarginPoint
MarginPoint is a leading provider of cloud-based Multi-Site Facilities and Inventory Management solutions to Multi and Single-Family Property Managers, Government, Universities, Commercial Real Estate, and Construction firms. Many of the nation’s leading Property Managers currently rely on MarginPoint solutions every day to manage their inventory replenishment, optimize business processes, and drive revenue. The company’s cloud-based delivery model enables you to rapidly deploy the solution and connect to all your distributors and suppliers without significant upfront investment.
