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Mastering Top B2B Commerce Suite Solutions

Mastering Top B2B Commerce Suite Solutions

B2B trends are different. You need a B2B commerce suite that understands your unique business challenge, from complex pricing workflows to managing different clients and orders. To be precise, B2B commerce suites are unified e-commerce platforms where all B2B interactions are stored, processed, and updated. These platforms seamlessly integrate with CRM, ERP, PIM, and other productivity tools, creating a single source of truth. 

With undergoing digital transformation, the B2B e-commerce sale is estimated to grow annually by 11%, reaching over $3 billion by the end of 2027. Thus, choosing the right platform can make a huge difference, but with so many B2B commerce suites available, it’s hard to pick one. 

Our blog on the top B2B commerce suite will give you the clarity you need to choose the right solution for your wholesale business. This article will highlight key features, benefits, and considerations that matter most to B2B businesses. So that you can find the perfect fit solution for your business and drive continuous growth. 

Introduction to B2B Commerce Suite Solutions

A B2B commerce suite solution can be explained as a centralized solution that unites all your existing tools and backends into a fully unified system that can handle complex B2B sales processes. 

Introduction to B2B Commerce Suite Solutions

 

B2B commerce suites are designed and developed to offer organized transactions and interactions between B2B businesses and their clients. This also explains why B2B commerce suite solution is a must for wholesale industry. 

The wholesale industry has faced a long-standing challenge of optimizing complex operations, from manufacturing to distribution and sales. B2B commerce suite solutions are designed to address this, transforming and standardizing how businesses manage large-scale transactions and vendor relationships.

B2B Commerce Solution

Purpose of B2B commerce suites in transforming wholesale industry operations

Earlier, wholesalers and suppliers relied on manual processes, which often led to errors and inefficiencies. A B2B commerce suite eliminates all the errors and inefficiencies by: 

  • Automating order management: Eliminating manual order entries reduces errors and speeds up fulfillment.
  • Enhancing customer experience: Self-service portals allow buyers to place orders, view order histories, and check inventory in real-time.
  • Standardizing operations across channels: B2B suites create consistent procedures across different sales channels, making it easier to manage diverse client bases.

Digital inefficiencies in manufacturing and selling processes.

Irrespective of the use of all the digital tools, B2B companies still encounter challenges like: 

  • Disconnected systems: When ERP, CRM, and inventory systems don’t sync, data inconsistencies and delays in information flow arise.
  • Manual workflows: Processes like quoting, invoicing, and order tracking often rely on manual input, increasing errors and reducing productivity.
  • Limited customer insights: Without a consolidated view of customer behaviour and sales data, businesses miss out on opportunities for targeted marketing and inventory forecasting.

A B2B commerce suite bridges these gaps by uniting data, automating workflows, and providing real-time insights.

Key Components of B2B Commerce Solutions

 

To fulfill the demands of wholesalers, the B2B commerce suite solutions are incorporated with some much-needed components to improve the B2B operations. The two important components are the integration of microservices to improve functionality and the emphasis on data management. Let’s take a closer look at these two primary components. 

1. Integration of applications or microservices

Integration of applications or microservices

Powerful integration is one of the key components that defines the success and effectiveness of a B2B commerce suite. It should sync with the existing systems, such as ERP, CRM, and PIM, to create a unified view of the entire operation, including workflow validation. 

A B2B commerce suite solution uses these integrations to:

  • Simplify operations across systems. By connecting CRM, ERP, inventory, and shipping applications, B2B suites ensure a seamless flow of information, reducing manual work and enabling real-time data access.
  • Enable scalability and customization. Microservices architecture allows businesses to add or modify features as needs evolve. Businesses can scale without overhauling the entire system. 
  • Better security and compliance. Integrated microservices often include security protocols to protect sensitive customer and business data, helping companies meet regulatory requirements with minimal complexity.

2. Giving priority to data management, product processing, and a better buying experience

Data is the lifeblood of B2B commerce solutions, and managing data effectively improves product offerings and personalizes client interactions. Key features for this include: 

  • Centralized data management tools that ensure all customer, order, and inventory data is accurate and up-to-date. This eliminates discrepancies and reduces error rates. 
  • A robust PIM tool to get accurate and accessible product details. PIM systems maintain consistency across channels, making it easier for buyers to find the information they need.
  • A personalize experience similar to B2C for B2B clients. B2B commerce suite solutions successfully offer this feature by providing tailored product recommendations, custom pricing, and intuitive self-service portals where buyers can track orders, view purchase history, and access relevant support.

For instance- integrating your ERP system with the B2B commerce suite will sync inventory data to give real-time insights and updates, preventing overselling and stockouts. 

Assessing and Understanding Digital Maturity

Understanding and improving digital maturity is critical for success. Digital maturity is the term used to assess a company’s position in its digital transformation journey. Almost 41% of companies that exceed their business goals have adopted mature digital engagement strategies. Also, 60% of high-maturity companies are four times more likely to state that their systems are well integrated. 

Some of the primary elements of digital maturity in B2B e-commerce are: 

1. Mitigating traditional, manual processes with digital tools

  • Transitioning to automated systems: Replacing manual order entry, invoicing, and inventory tracking with automated processes reduces errors and accelerates workflows, allowing employees to focus on value-driven tasks.
  • Using data analytics and reports for informed decisions: Digital tools collect and analyze data on customer behavior, sales trends, and inventory levels, providing actionable insights for better decision-making.
  • Enhancing collaboration across departments: Digital tools streamline communication and data sharing between departments, which is particularly useful in complex B2B operations where product development, sales, and logistics teams need to stay aligned.

2. Facing challenges due to e-commerce alterations

As the e-commerce landscape evolves, B2B companies face challenges in adapting to new digital expectations. 

  • Adapting to changing client expectations: B2B buyers increasingly expect user-friendly, personalized experiences similar to those in B2C commerce, such as self-service options and custom pricing. Meeting these expectations requires B2B platforms to be flexible and feature-rich.
  • Overcoming traditional system limitations: Older systems can be incompatible with modern eCommerce demands, creating friction in implementing new digital solutions. Businesses can address these limitations by integrating legacy systems. 
  • Balancing cost and value of digital transformation: Adopting new technology requires investment, which can be challenging for some companies. However, prioritizing high-impact areas, such as customer-facing tools or supply chain automation, can provide ROI. 

3. Importance of ground-up digitization to stay competitive

Some of the importance of ground-up digitization include:

  • Developing a unified digital strategy: Instead of adding digital tools in a piecemeal fashion, B2B companies benefit from a unified strategy that ties together all digital initiatives, aligning them with business goals.
  • Investing in scalable, future-proof solutions: Choosing platforms and solutions with scalability and flexibility in mind allows companies to grow and adapt without major disruptions.
  • Embracing a culture of continuous improvement: Digital maturity isn’t a one-time achievement; it’s an ongoing process. Companies need to continuously assess their tools and processes, embracing innovation to maintain a competitive edge.

Customization Factors in B2B Commerce Solutions

Customization is a must-have feature in B2B commerce suite solutions. It allows businesses to take a tailored approach to diverse business needs. Here’s a closer look at these customization factors:

Customization Factors in B2B Commerce Solutions

1. Importance of pricing models

Product pricing in B2B is far more complex than B2C transactions because it generally involves volume discounts, tiered pricing, and personalized rates. A customizable B2B commerce solution should allow the following:

  • Dynamic pricing models based on order volume, contract terms, or customer segment ensure that clients receive tailored pricing according to their specific needs. 
  • Real-time price adjustments to reflect market changes, inventory levels, or ongoing promotions keep pricing competitive and relevant.
  • Some solutions allow for a request-for-quote (RFQ) process where buyers can receive quotes based on their order specifications, giving another layer of flexibility. 

2. Role of API integrations

API integrations in B2B commerce solutions allow companies to connect their e-commerce platform with their business systems and improve functionality. The major benefits of API integrations are: 

  • It connects the B2B platform to CRM, ERP, and accounting systems, ensuring data consistency and minimizing manual data entry.
  • Integrations with analytics tools, marketing automation platforms, and payment gateways allow companies to enhance the commerce experience and gain better insights.
  • API integrations allow businesses to add or remove features as needed, adapting the solution to changing needs without replacing the entire platform. 

3. Effect of customer service quality

In B2B wholesale businesses, the order volumes are large, so transactions are complex. A customizable B2B commerce suite includes: 

  • Self-service portals that allow customers to access order histories, track shipments, and manage invoices independently. 
  • Live chat, email, or phone support options tailored to different customer tiers or service needs improve the customer experience and provide clients with the specific level of support they require.
  • Integrations with AI-driven tools for predictive analytics help identify issues before they become problems, such as inventory shortages. 

4. Selecting solutions based on industry expertise and technology flexibility

Not all B2B commerce solutions are created equal, and businesses should consider industry expertise and technology flexibility when selecting a platform. Important aspects include:

  • Solutions with pre-built features for specific industries (e.g., manufacturing, wholesale distribution) are better equipped to address industry-specific challenges and requirements.
  • A flexible B2B commerce solution that allows easy adaptation to new technologies, market demands, and business model changes supports long-term growth.
  • Providers with proven expertise in the client’s industry can offer valuable insights and recommendations that align with industry trends and best practices.

Also read: B2B e-commerce solution for distributors

B2B Commerce Solution

Evaluating B2B Commerce Suite Providers

Selecting the right B2B commerce suite can help businesses improve their digital operations. It can be done by properly evaluating the solutions to make sure they align with business goals and market demands. Some of the key criteria for assessment of the B2B commerce providers are: 

1. Current offerings

Assess the features and functionalities of the platform. Key aspects include:

2. Strategy

Evaluate the provider’s vision and roadmap. Consider:

  • Commitment to innovation
  • Adaptability to emerging technologies
  • Alignment with industry trends
  • Customer support and training programs

3. Market presence

Understand the provider’s position in the market by examining:

  • Customer base size and diversity
  • Financial stability
  • Reputation and customer reviews
  • Partnerships and ecosystem strength

Benefits of Specific B2B Commerce Functionalities

To meet the unique demands of B2B transactions, many commerce platforms offer specialized functionalities tailored for businesses with complex needs. These features improve operational efficiency and provide a streamlined and customizable experience for clients. Here’s an overview of some key functionalities and their benefits:

1. Authenticated sites

B2B platforms often use authenticated sites, which require users to log in to access prices, products, or services. This approach benefits B2B businesses by:

  • Controlling access and restricting product and pricing information. Maintaining this confidentiality supports customer segmentations. 
  • Improving personalization based on the customer segment or previous purchase to improve customer experience. 
  • Authenticating ensures security by protecting sensitive business data and order details from unauthorized access.

2. Large shopping carts

In B2B, orders are typically large and often involve bulk purchases. Thus, the large shopping cart functionalities benefit B2B businesses by: 

  • Allowing buyers to add multiple items or large quantities at once without performance issues.
  • Facilitating quick reorders so that returning customers can replicate previous orders or make recurring purchases improves the buying experience. 
  • Allowing businesses to incentivize bulk purchases. This is achieved by making the large shopping carts work seamlessly with pricing rules for volume discounts. 

3. Customizable storefront themes

Today, B2B buyers need a visually appealing and intuitive online experience. Customizable storefront themes allow businesses to:

  • Align the online store with brand identity. Custom themes allow businesses to show their brand image across digital touchpoints. 
  • Tailor layouts for different buyer segments based on the types of products, buyer preferences, or industry needs.
  • Improve user experience. Incorporating custom themes can improve usability, making it easier for buyers to find products and place orders. 

4. Negotiated pricing

In B2B commerce, prices are often customized based on customer relationships, order volume, or contract terms. The negotiated pricing feature benefits businesses in the following ways: 

  • It allows companies to offer customized pricing for specific clients, strengthening customer relationships and ensuring competitive advantage.
  • Enables dynamic adjustments based on order volume or contract duration, reducing manual efforts and ensuring consistent pricing.
  • Businesses can easily create and manage quotes directly within the platform, making it simpler for customers to access tailored offers. 

5. Complex shipping

Shipping in B2B commerce is often more complex as it involves multiple locations, bulk shipping, or custom requirements. Having a complex shipping functionality supports B2B businesses in the following ways: 

  • Allows for split shipments to different locations, meeting the logistical needs of clients with multiple facilities.
  • Accommodates larger shipments and freight options, making it easier for buyers to understand shipping costs and timelines for bulk orders.
  • With options for custom rates based on order weight, size, and distance, companies can provide accurate shipping information. 

6. Order history capability

For many B2B customers, recurring orders are common, and having access to a detailed order history simplifies this process. Order history features to benefit businesses by:

  • Allowing buyers to easily view past purchases and reorder the same items, saving time and effort, especially for frequently ordered products.
  • Improving account management. The order history feature offers a clear record of transactions, which is useful for both customers and sales teams for account management and support inquiries.
  • Providing data-driven insights allows businesses to analyze past orders and understand purchasing patterns to optimize inventory management.  

Engaging with Commerce Data and CRM Integration

Integrating e-commerce data with CRM systems delivers a seamless, personalized B2B experience. When e-commerce data is combined with CRM, companies can improve both seller and buyer interactions, creating a more efficient and effective sales process.

The key benefits of integrating CRM with B2B commerce platforms are:

  1. Unified customer view

Integration ensures that all customer interactions and transaction data—such as order history, preferences, and inquiries—are consolidated into a single view. This comprehensive perspective helps account managers and sales reps understand each client’s needs and past interactions, allowing for better service and more targeted communication.

  1. Improved personalization

With commerce and CRM data in one place, businesses can personalize recommendations, pricing, and offers based on each buyer’s history and preferences. This personalization increases buyer satisfaction, fosters loyalty, and can drive higher conversion rates.

  1. Streamlined sales and support process

Sales reps can easily access real-time data, including order status, inventory availability, and service requests. This reduces response time, minimizes errors, and helps ensure that customers receive prompt and accurate assistance.

Utility of B2B solutions for account managers and sales representatives

The B2B commerce suite solution also provides essential tools for account managers and sales reps to allow them to perform their roles more effectively. The list of benefits that the B2B commerce suite offers to sales professionals are: 

  1. Better account management

B2B commerce platforms with CRM integration allow account managers to track their client’s purchase history, communication records, and transaction patterns in one location. This insight enables them to address client needs proactively, suggest relevant products, and identify opportunities for upselling or cross-selling.

  1. Better lead management

Integrated systems help sales reps manage leads more effectively by tracking every lead’s journey, from initial contact to conversion. This process is streamlined through automated workflows that ensure no potential sale is missed and follow-ups are timely.

  1. Real-time inventory and pricing access

Sales reps often need up-to-date information on stock levels and pricing to respond to client inquiries. With integrated systems, they can provide real-time data on product availability, delivery timelines, and custom pricing directly to clients, enhancing responsiveness and credibility.

  1. Data-driven insights and reports

With CRM and commerce data together, sales teams can generate reports on customer behavior, sales performance, and product popularity. These insights inform strategy, help set sales targets, and identify areas for improvement.

Conclusion

For wholesalers and distributors, the takeaway is quite clear: to invest in B2B commerce suite solutions to stay attuned to upcoming innovations and be well-prepared to thrive in the competitive B2B environment of the future.

We expect B2B commerce solutions to become even more intelligent and adaptive in the near future. There are, however, a few key features of a B2B customer suite, such as order management, real-time stock updates, customizable products, and dynamic pricing. Choose a B2B commerce suite that is AI-driven, scalable, and easy to use.

If you are a B2B business still stuck in a legacy process or facing the challenge of using tools with zero to no integrations, it’s still not too late to switch to WizCommerce

It is an AI-powered B2B e-commerce solution for wholesalers, distributors, and suppliers. The smart WizCommerce solution addresses your business needs with features like a 24/7 online storefront and automated order processing. 

So, start your transformation by switching to robust B2B commerce suites, ensuring continuous monitoring and optimization for the best results. 

Schedule a demo today to see firsthand how our platform can transform your business operations for good. 

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