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Benefits for the Seller

Decreased Order Processing Costs:Because search functionality, product catalogues, price listings, order entry and order statuses are monitored in an electronic environment, sellers receive more frequent orders and decrease the potential for error. In this manner, our electronic environment increases productivity and decreases costs associated with order generation.

Buyer-Specific and Stock Diminishing Campaigns: Functionality allows for promotion and campaign process management by defining buyer-specific promotions, running of depot-specific campaigns and bundling of product offerings. Sellers can choose to arrange promotions that best meet their need for stock reduction.

Invoice Follow Up: Seller can easily follow issued invoices and view payment plans and cash flows.

Simplified Account Follow Up: Reconciliation transactions can be carried out online, using user entered order information. With Veritical, sellers avoid much of the data entry associated with offline reconciliation processes.

Increased Productivity in Technical Servicing Processes: With Veritical, all product breakdowns and guarantee follow-ups can be monitored in an electronic environment, thus lowering the costs associated with these procedures.

Diversified Payment Options: By supporting a wide range of payment tools including credit cards- VPOS, shopping cards, money orders, direct debiting, direct billing and cheques/promissory notes, Veritical allows buyers to accept payment using multiple payment methods.

Buyer Risk Monitoring: Veritical allows sellers to easily monitor warning levels for buyers who exceed a particular risk limit, therefore lowering the seller's commercial risk.

Increased Logistic Operations Productivity: With Veritical, logistic integration is achieved by means of discharge information, distribution and timetable features, thus lowering the cost of logistic operations.

Buyer-Specific Pricing and Personalization Tools: Veritical provides functionality for sellers to enter buyer-specific prices and email buyer-tailored messages. Personalized infrastructure also allows sellers to provide special treatment to valuable buyers and increase commercial volume.

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Overview
B2C - Customer Portals
Private B2B Portals
B2B Exchange & Market Places
Integrated SCM/DCM
Features
Benefits
Financial Institution
Seller
Buyer
Strengths
Case Studies