Magento 2.2 Enterprise: New B2B Features

As we discussed in our recent What's Coming in Magento 2.2 post, Magento 2.2 is debuting in September of this year and comes with many additions and improvements. One of the most exciting new components of Magento 2.2 Enterprise Edition is the out-of-the-box B2B functionality. Let’s check it out.

Magento 2.2 EE has several company account management features that make buying easier for merchants and customers alike. It empowers buyers to manage their own accounts by allowing them to add and remove users, create a hierarchy structure to define roles and permissions, and view account balances. M2.2 has also improved the quote request process. B2B shoppers can now start a quote from their cart and view the status of the quote anytime. The quote can also include comments, attachments, and an expiration date. Buyers can order by SKU, order from requisition lists, or reorder products from previous orders.

M2.2 will also include the new Payment on Account feature, which allows merchants to extend credit to companies. Merchants can decide how payment methods are shown to various buyers and which countries are eligible. They can set minimum and maximum order amounts, credit limits, and accepted currencies. The customer can view their credit limit, current balance, and previous transactions. Payment on Account will allow merchants to set different options for different companies and give buyers more autonomy over managing their own account and credit.

In addition to the account customization options for various buyers, merchants will also be able to create customized catalogs and price lists. Merchants can choose products and/or categories that will be displayed to the buyer, as well as fixed or dynamic pricing, including tiered pricing.

Finally, APIs will be available for the new features including company, credit, shared catalog, quotes, requisition lists, and tier prices.

The eCommerce B2B market has been on the rise in the last few years and Magento is clearly committed to helping merchants take advantage of that trend. If you are a B2B online merchant who is still on Magento 1, it’s time to put some serious thought into upgrading to Magento 2.2.

Ready to make the switch to Magento 2.2?

Drop us a line today for a free quote!

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