For B2B companies, managing purchase approvals can be a complex and time-consuming process. This is where Shopify, one of the leading eCommerce platforms, comes into play with its range of options specifically for B2B businesses. In this article, we’ll discuss some of the options Shopify offers to help B2B businesses effectively manage purchase approvals.

1. Wholesale Channel: One of the main options that Shopify offers for B2B businesses is the wholesale channel. This feature allows companies to create a separate storefront specifically for their B2B customers. This means B2B customers have a different sign-up and purchasing experience and have access to wholesale pricing, discounts and tax exemptions. Additionally, business owners can customize their warehouse, including minimum order settings, new customer approval policies, and order approval workflows.

2. Order Drafts: Shopify’s Order Drafts feature allows businesses to create custom quotes and invoices for their B2B customers. This is especially useful for companies that have negotiated prices with their customers or need to add custom details to an order. Business owners can also assign specific discount levels to different customers by setting up different pricing tiers for regular, wholesale, or VIP customers.

3. Order Automation: For businesses that process a large number of orders from B2B customers, Shopify’s order automation feature is a game changer. This feature automates the process of creating and shipping orders to suppliers, ensuring a hassle-free shopping experience. Additionally, businesses can customize the order template to include specific fields such as delivery date, shipping information, and more.

4. Third-party apps: If the options listed above don’t suit your business’s specific needs, Shopify also offers a range of third-party apps that integrate seamlessly with the platform. These apps offer a variety of features, including advanced purchase approvals, pricing and discount policies, bulk order processing, and more.

To summarize, Shopify offers a wide range of options to help B2B companies effectively manage purchase approvals. By using these tools, companies can streamline the ordering process, increase efficiency, and provide their B2B customers with a seamless shopping experience.