What type of account is right for my business?
Merchant, Vendor, Reseller: Choosing the right account for your order management needs on Purchs
When setting up your account on Purchs, it's essential to understand the different types of accounts available to ensure you select the one that best suits your business needs.
Merchant Accounts
Merchant accounts are designed for retailers and similar businesses. Here’s what you can expect:
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Order Placement: Easily place orders with connected wholesale vendors and source new products from prospective vendors.
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Invoice Management: Pay invoices according to the terms set by your connected vendors.
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Real-Time Notifications: Stay updated with SMS and email notifications that you control.
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User Permissions: Add users and assign them permissions based on your chosen plan.
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Discrepancy Alerts: Quickly note any discrepancies between order paperwork and received goods, sending immediate alerts to vendors for quick resolution.
Vendor Accounts
Vendor accounts provide comprehensive tools for managing product listings and customer interactions:
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Product Catalogs: Publish multiple product catalogs and price lists, and assign a price list to each customer.
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Payment Terms and Limits: Respect vendor payment terms, credit limits, delivery schedules, and order cut-offs.
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Flexible Payment Options: Choose between using Purchs payments or collecting payments outside of Purchs (transaction fees apply).
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Customer Management: Add customers and process payments on behalf of customers, facilitating personal sales.
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Direct Sales: Sell directly to retailers or resellers on Purchs, optimizing your order pipeline.
Reseller Accounts
Reseller accounts, ideal for distributors and wholesalers, offer unique benefits:
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Integrated Ordering: Place orders with Purchs vendors who are also your suppliers. Upon receiving the products, they are immediately available for sale to your merchant customers.
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Automated Catalogs: Products received will automatically populate into your reseller's catalog, ready for pricing.
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Price List Management: Create multiple price lists and assign them to different customers.
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Payment Processing: Pay your supplier vendors and receive payments from your merchant customers. Choose your preferred payment method, either using Purchs payments or third-party payments (transaction fees will apply).
By selecting the appropriate account type, you can leverage Purchs to streamline your operations, enhance efficiency, and grow your business effectively. For more information or to get started, visit our Purchs Account Setup Guide.