What is B2B Portal?
In this digital era, people are comfortable using online services for all their activities. A large organization faces problems in handling the purchase and sales of their goods due to some drawbacks in the traditional method of handling business operations. The Challenges faced by the Business of purchase and sales process Dependent on the buyer/seller Communication Gap No described quality of goods Middleman cost Cost of paperwork List of inventory products Geographical barriers Confined set of suppliers and buyers To overcome the challenges faced by traditional business people started adopting the B2B portals. The emerging technological advancements lead to B2B portal developments with innovative ideas. In the case of large companies or organizations, purchasing/sales play a crucial role in business enhancement. B2B Portal is an online marketplace consist of buyers and sellers to a collaborative business integration portal to exchange goods among the businesses. B2B portal is