What is a Procurement Portal?
Procurement Portals, also known as Purchasing Portals or Supplier Portals, is a database of vendors used by procurement professionals within companies to source products and services and seek qualified suppliers for more information or bidding opportunities. Based on our research, over 80% of Fortune 1000 companies develop their own procurement portal. Chain related companies in the hotel and restaurant industries develop their own corporate-wide procurement portals. B2B Register Pro gets you in the search results within those portals.
Does this automatically make me an approved vendor with the target companies?
Approval status, if required, is a separate endeavor between your organization and the potential customer. The information gathered for B2B Register Pro will be helpful in moving through the approval process if you decide to go that direction.
B2B Register Pro is solely a listing placement service within Procurement Portals of Fortune 1000 companies. Approval status is not necessary for the listing and opens the door for you to determine interest from a company before going through the approval process directly with your potential customer.
Do I need to become an approved vendor?
Requirements differ between companies. While an “Approved” status comes with advantages, it may not be necessary for your organization to be an approved vendor for a sale to take place. Speak with your procurement contact for more information.
What is a Fortune 1000 company?
A Fortune 1000 company is among the largest corporations by total revenue for a respective fiscal year.
What exactly am I getting?
You are getting up to six directory listings within Procurement Portals of Fortune 1000 companies that you choose. B2B Register Pro assists you in determining your best options by providing a list of companies that we determined purchase the product categories that your organization offers.
Am I required to pay sales commissions to anyone?
The initial application and annual listing fees are all that is paid to B2B Register Pro. Speak with your procurement contacts at each company to determine their unique requirements.
How long does it take before my listing is active?
It can take up to one week for all your listings to go live once you have submitted all the required information.
What if our information needs to be updated?
You will receive login credentials for each of the listings to manage your online profiles.
NAICS, SIC and UNSPSC Codes?
These are standardized codes that procurement sites use when searching for products. Accurately identifying the product codes that you offer allow B2B RegistrationPro to cross reference and identify Fortune 1000 companies that purchase your products.
Multiple diversity Information
Many companies have initiatives to support minority owned businesses. Certifications will open the doors to additional potential customers.