General information about IT4profit
Who is IT4profit?
IT4profit does not sell software but provides online services to their customers. Our solutions and services optimise business processes and ease collaboration between partners across supply and demand chains. We are focused on e-commerce solutions and their connectivity with ERP systems, on content management.
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Who are our Business partners in your region?
North America
Contact: Andy Raynor
Phone: +1 949 715 3864
e-mail: andy_raynor@IT4profit.com
EMEA UK and North Europe
Contact: Colin Canning
Phone: + 44 7813 796 156
e-mail: cjc@IT4profit.com
France and South Europe
Contact: Philippe Couillabin
Phone: +33 607 089 232
e-mail: pcouillabin@IT4profit.com
Germany, Switzerland and Austria
Contact: Reiner Rübel
Phone: +49 89 1592 3501
e-mail: r.ruebel@IT4profit.com
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Solutions. B2B Exchange.
What is the functional platform of IT4profit B2B Exchange?
Functionality of the IT4profit B2B Exchange is determined by the main functional software modules:
e-Catalog >>>
e-Dealing >>>
Order Processing >>>
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Is IT4profit B2B Exchange primarily for Buyers or Suppliers?
IT4profit provides a confidential and secure way of transacting business for both Buyers and Suppliers, together with information and other services to support those transactions.
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Who can participate in IT4profit b2b exchange?
All participants of IT industries supply chain process: manufacturers, distributors, resellers, system integrators, logistics/credit/finance service providers, and investors.
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What is a Role?
The role determines the rights of a company within a business group. For example, a MERCHANT has a right to open both seller-driven (to search for demand) and buyer-driven (to search for supply) deals; a CREDITOR has a right to provide financial services.
Roles have meaning only within a particular Business group. The list of roles is supported and can be changed by Business group administrator only. For each role IT4profit offers sufficient business functionality and standardized interface.
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I saw the roles available at the Exchange. Who is who?
The roles available at IT4profit B2B Exchange are CLIENT, MERCHANT, SUPPLIER, LOGISTICS, CREDITOR and MANUFACTURER.
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CLIENT purchases products and services through IT4profit B2B Exchange.
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SUPPLIER sells products.
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MERCHANT (Distributor) combines SUPPLIERS and BUYERS functions.
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MANUFACTURER is the original manufacturer of a part or product.
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CREDITOR delivers financial services through IT4profit B2B Exchange.
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LOGISTICS is a logistics service provider.
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Can I combine 2 or 3 roles at the same time?
Participants can combine in more than one role and benefit from the integration of functions and system modules.
The B2B Exchange is designed in such a way that users can get functions that are applicable to different roles. You have to contact your Business group administrator and pass authorization process
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What is a Company at IT4profit.com?
A Company (legal entity) is the main participant of the Exchange. A company is a part of one Business group.
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What is a Business group?
Business Group is a community of business partners trading online. For example, it is a Distributor (a company) with the network of its customers, suppliers and manufactures. Business Groups are virtually totally separated, not visible to each other without signing an electronic Trade Partner Agreement.
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Many-to-many Business Group - to - Business Group model. What does it mean?
IT4profit B2B Exchange supports the online operation of many Business Groups (business partners networks). Existing business relationships of partners within each Business Group remain private. They are not visible for anyone else, including the operator of the Exchange. The B2B Exchange platform enables all members of the Business Group to create their own trading exchanges within the group.
Business Groups can be visible to each other at the Exchange and can start collaboration only when the Trade Partner Agreement (TPA) is signed. They create many-to-many Business Group-to-Business Group model of IT4profit B2B Exchange.
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Is it possible to make the Business Group visible to others at the Exchange?
Business Group can publish (make visible) its business to other Business Groups by signing the TPA. Publishing is not transitive, (if Business Group A sees Business Group B and Business Group B sees Business Group C, it does not mean that Business Group A sees Business Group C).
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Can a Company of one Business Group work with other Business Groups?
A Company can work with other Business Groups by publishing its business as an Active Participant.
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Can one Company belong to different Business groups?
No, company can belong to one Business Group.
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What is an Active Participant?
Active Participant (AP) is an Owner of a Business Group.
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How to become an Active Participant?
There are only two ways to become an Active Participant:
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AP can be registered by the Exchange Administrator
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A Company is invited by other participants and it asks Admin to make its status equal to that of AP and Admin confirms the request. Status of AP does not mean the right to carry out operations within a business group. For this one has to get the license.
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What rights does Active Participant have?
Active Participant is an Owner of Business group. Usually AP takes the responsibilities of Business Group Administrator or appoints the Business Group Administrator. He has rights to create Companies and change Roles within his Business group.
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Is our business information kept confidential?
The main task of the Exchange is to create trusted environment for online collaboration of your company and your business partners' networks. The Exchange supports partner network - to - partner network business model. Existing business relationships of partners within a Business Group (your company and your business partners' network) remain private. They are not visible for anyone else, including the operator of the Exchange. This is done within a framework of security and system integrity that assures all participants that their access is separate. Collaboration starts when participants sign Trade Electronic Agreement.
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How can I join the marketplace? - I'm a reseller but not a customer of any of your merchants - what shall I do?
You need to choose desired role(s) at the Exchange and send a message to
support@it4profit.com
to consider your application. You may also contact us to explore the system functionality.
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Our company is a distributor selling the Canon ink printers. We already have own b2b system to trade with the customers. What will happen with our customer database, if we join your marketplace? Why should we join it?
IT4profit first of all respects privacy of all participants and merchants (distributors), and their relations with customers and suppliers.
Your company can benefit from trading both within your own Business group and with other Business groups. You can address your customers more effectively, forecast your own demand and search for supply from your vendors online. The Exchange also enlarges marketplace for your company. Sign TPA and find more supply of non-core goods from other merchants (suppliers). If merchants-members also find your goods interesting for their customers, you get additional demand for your products.
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How can I get help if I have a question or if I encounter a problem?
Please email to
support@it4profit.com
. Our response time is 24 hours.
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Solutions. Content Center
What are the main advantages of IT4profit product content?
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Reliability. Comprehensiveness and reliability of our content is guaranteed by exclusive sources of information provided by manufacturers, as well as by skills and experience of IT4profit content managers.
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Applicable for ERP Systems. IT4profit product descriptions contain logistic information. Therefore, our content is successfully applied in ERP systems for automatic reservation of place on stock, reservation of vehicles for ordered goods transportation and automatic calculation of transportation costs.
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Applicable for Supply Chain Management (SCM). Product data is received directly from manufacturers and includes the objective articles. It gives the possibility to combine small orders into one bulk order to Manufacturer and to increase purchasing efficiency.
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Standard Compliancy. IT4profit product content is RosettaNet compatible. This allows product information to be exchanged with various business partners, with e-procurement platforms in a variety of industry-standard formats (e.g., XML, its derivatives).
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How to get ready Product Content?
We provide ready product content in any format and of any completeness, e.g. all types of descriptions, or only technical and logistic specs., or marketing and technical information, etc.
You can get it directly to your database (Content Supply) or to your website and online catalog (Content Publisher ).
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Why should I use Content Supply?
You decrease costs connected with creating product content "in house" and eliminate capital expenditures related to own content management department. Strong product content gives customers enough information to support purchasing decision, increase loyalty and, as a result, it drives purchases online.
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Why do I need Content Publisher?
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Your customers have access to detailed product information in HTML format from 90 manufacturers.
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Our product information is in 10 languages for your international customers.
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Access to Content Publisher allows eliminate capital expenditures related to own content management department support, such as: salaries, computer equipment, CMS software, additional web traffic, etc.
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The cost. Production of this service (in-house would be in the region of 200,000 USD to 500,000 USD. IT4profit can supply you with the reliable and up-to-date HTML product cards for only 2,480 USD per year.
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What does IT4profit content management means?
IT4profit content management means:
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Unstructured content aggregation from multiply sources, including exclusive sources of information from leading manufacturers;
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Content enhancement: categorization, normalization and rationalization;
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Enriching data with high resolution images;
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Quality assurance that guarantees reliability and integrity of content to meet highest requirements.
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Products. e-Dealing.
What is e-Dealing?
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Online negotiations software with multiple business channels.
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Dynamic negotiations based on your business priorities.
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Intelligent balance of Demand and Supply
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What does dynamic negotiation based on your business priorities mean?
The decision to purchase new products requires consideration of many factors in which price is only one among others. e-Dealing allows participants to determine their business priorities to each deal by multiple business parameters such as wished sales price, credit terms, revenue, currency risks, point of sales date, sales run rate and more. We call e-Dealing the meeting point of Supply and Demand which works on up to 10 business parameters.
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What is a deal?
A deal is the business proposal, made by organizer to invited participants. Deals can be seller-driven and buyer-driven (Request for Quotation).
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Why should I participate in deals?
Deals are created either when there is a big demand for a product with low supply or vice versa.
Selling to your customers or buying from suppliers and manufacturers through e-Dealing, you:
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Save money. One seller can manage all your customer base
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Increase your margin when your products are in allocation or overstocked
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Manage your dynamic pricing
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Negotiate on your own business priorities
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Analyse your real demand for products coming from customer base
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Matching demand with supply availability from manufacturers & suppliers
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When should I sell through e-Dealing ?
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Your products are in great demand - you want to get the best price
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You store up too much goods on stock - you need to sell them as soon as possible
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When should I buy via e-Dealing?
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You want to compare prices across your multiple suppliers and get the best price offer
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You have an urgent demand and need get the best offer on delivery time
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You have non-allocated demand from your customers and would like to avoid inventory shortage
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Can I deal with my customers and with sales representatives?
Of course, you can. Our e-Dealing provides possibilities to create different types of deals with your customers or with your sales representatives.
When creating a deal, you can add along with your main product, a bundle of products to reduce your excess inventory. In order to make your deal more inviting and interesting for buyers, you can motivate them by providing the incentives.
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What types of deals are supported?
Target My Customers
- created by merchants to deal with customers, or by suppliers to deal with customers.
Deal with My Sales Representatives
- created and managed by procurement manager of merchant or group of merchants. Sales representatives are invited here to place offers and bid on behalf of "their" customers.
Request for Quotation (RFQ)
- is the buyer-driven type of deals and allows Buyers to create deals with downward price and delivery terms negotiation, to set time, bidding and priority parameters for each deal, to invite all Suppliers to offer supply on Buyers demand proposal. Buyer can manage deals, monitor demand-supply ratio and select best offers from Suppliers based on his particular interests.
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Industry Standards.
Do you support any industry standards?
All our products and B2B Exchange are developed based on Industry standards such as RosettaNet, Data Universal Numbering System and other recognized technologies that guarantee a high level of flexibility, connectivity and investment preservation for future development. XML Data exchange is implemented on all levels of communication - between functional modules and distributed servers, as well as for the interface outlets for partner's systems connection.
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What is RosettaNet?
RosettaNet (www.rosettanet.org) is a consortium of more than 400 of the world's leading Electronic Components, Information Technology, Semiconductor Manufacturing and Solution Provider companies, RosettaNet is a self-funded, non-profit organization dedicated to creating, implementing and promoting open e-business standards. These standards form a common e-business language, aligning processes between trading partners on a global basis.
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What are the benefits of RosettaNet standards?
RosettaNet offers everyone involved in the supplying and buying of today's technologies opportunity to profit: Businesses that offer the tools and services to help implement RosettaNet standards gain exposure and business relationships. RosettaNet-adopting companies realize global, dynamic and flexible trading networks, time- and money-saving operational efficiencies, and new business. End users enjoy speed and uniformity in purchasing practices.
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How is RosettaNet different from other standards efforts?
RosettaNet operates with the collaboration of more than 400 companies -- with technological and corporate support at the highest levels of the technology industry's largest corporations. Unlike other standards efforts, which focus on specific business units, elements and/or proprietary solutions, RosettaNet develops robust open e-business standards, encompassing data dictionaries, implementation framework, and business message schemas and process specifications, proven by production implementations.
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What RosettaNet protocols could be implemented by IT4profit Connectivity Center?
The following messages are implemented today:
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Catalog Update (PIP 2A1)
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Purchase Order (PIP 3A4)
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Purchase Order Change (PIP 3A8)
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Shipping Notification (PIP 3B2)
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Receipts/Claim (PIP 4B2)
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PO Acknowledgement (PIP3A7)
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Implementation & Maintenance.
Does IT4profit provide Implementation & Maintenance services?
Yes, we provide full range of implementation and maintenance services. IT4profit provides:
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Technical and hardware facilities;
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Continuous operation and round-the-clock technical support;
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Determines functions of system's participants and exercises control on function's execution;
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Provides required security, privacy and reliability level.
IT4profit provides full range of services on the B2B Exchange maintenance:
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Hardware and software configuration, reconfiguration and management;
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Data integrity support;
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Security system technical service and maintenance;
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Prevent unauthorized access to secure places.
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