B2B portal will reduce the price of processing orders drastically. It is also helpful in reducing overhead cost up to 30 percent. B2B portal is also helping companies reduce inventory costs.

B2B portal increases profit of your business. It also increases revenue from existing clients. With the help of B2B portal, existing customers get faster and easy entrance to product information, quick response to their requests, and acquire better support from customers.

B2B portal branding on the internet will help to attract clients from new sources. It is always cheaper than other traditional methods. So, customer acquisition cost decreases.

B2B portal is useful in reducing time cycle. Because, customers can select products online from B2B market portal and send their purchase order or buying products using shopping cart. In addition, buyers can handle all their procurement related communication from a consolidated working page, which helps them directly and reduce time in document processing.

B2B portal can create communities of company’s buyers and sellers. This will be helpful in getting valuable feedbacks on time, building new partnerships using the networking capacity of a community, and disseminating important information to members easily. So, by increasing B2B portal in front of your major competitors you can give your business a significant improvement and can make your company stand out from the crowd.

The B2B portal allows tracking the whole ordering process from payment to delivery and it brings greater efficiency in customer services. It always helps companies serve customers effectively. So, in the nut shell, it improves customer services.