Enhance your ecosystem with a B2B platform for SMEs

A B2B SME e-commerce platform enables small businesses to operate online and create a digital customer experience for their traders. Suppliers, sellers and buyers can connect online, exchange product information, and negotiate and close deals. It is important to ensure that your B2B platform is fully integrated with finance and supply chain to offer a full digital experience to your traders.

B2B trading platforms are the future of global trade and will become mainstream in the next two years. In 2022, B2B marketplaces grew 7.2% faster than all B2B e-commerce, according to Digital Commerce 360. 57% of B2B shoppers purchase more from marketplaces with the expectation of having a similar experience as B2C.

Building your online presence through a personalized B2B marketplace is crucial to staying competitive. It brings many benefits to your business operations and financials:

• Automate sales and business processes
• Grow your business with secure high-value orders
• Reduce operational expenses
• Reach wider pool of traders and new markets

There are many challenges to consider  when building your own B2B marketplace. It is a lengthy process and costly in terms of development and maintenance. In order to tackle the complexities of global trade, it is advisable for small to medium businesses to find a pre-built solution that is easily integrated into existing systems. Distichain offers a fast go-to-market solution integrated with an array of service providers, and robust infrastructure that allows rapid scalability. You focus on your trade operations while we take care of the technology at a fraction of the cost and hassle-free.

Building a B2B marketplace for small-sized company is time-consuming and can take 6 months to a year. Post-development, there will be ongoing development and maintenance work, which will add largely to the cost. Distichain can fast-track this process and deliver a white-labeled marketplace in days. As the marketplace owner, you will have full control over setting according to your business workflows.

Distichain is a fully comprehensive solution that automates the trade cycle from procurement to delivery. Each step taken during a single trade transaction has been automated on our systems to facilitate a seamless experience. Traders receive notifications for every action that needs to be completed. The system is intuitive and collaborative, recording every detail for future reference. Product information is managed by a PIM, which acts as a central place to store, enrich, and manage complex product data. Banking and logistics are accessible through the platform, allowing zero e-mail formula and absolutely no manual intervention.

Every company already has its own ERP solutions and other integrations that facilitate its processes. SMEs should also follow suit. Distichain is an adaptable headless platform that can be easily integrated into your systems allowing all the solutions to work as a single unit. We will give you access to our API documentation in order to integrate the tools needed to automate the trade.

When selecting the best platform for your B2B needs, consider factors such as ease of integration, scalability, cost-effectiveness, and the range of features offered. Distichain provides a comprehensive, cloud-based solution that caters to the unique needs of SMEs, making it an ideal choice for businesses looking to streamline their B2B operations and ensure a seamless trading experience.