You are well positioned as an entrepreneur, have just started a business or have been running your established business for years. Everything is fine. But one thing is bothering you more and more. It is the time you have to spend to keep all areas of your business running successfully. Purchasing is a particularly time- and labor-intensive area in your company. There may still be some uncontrolled growth there. Different dealers, different invoices, slow price comparisons take up a lot of time and nerves for you and your employees? Then you need standards. Amazon Business offers you the standards you need for the purchasing department in your company. Find out here how you can integrate Amazon Business into your company and benefit from the numerous advantages.
Table of contents
- Why is Amazon Business the better choice over a normal Amazon account?
- This is how all entrepreneurs benefit
- Further advantages and specials for larger companies
- Who doesn’t need Amazon Business and what are the disadvantages?
- The biggest disadvantage of Amazon Business
- The four packages and associated costs
- This is how the facility works
- Conclusion
Why is Amazon Business the better choice over a normal Amazon account?
With a standard Amazon account, you can place orders both for business and private purposes. However, this type of account is designed more for business on a B2C (Business-To-Consumer) level. As a founder or long-time entrepreneur, you may quickly reach your business limits with this ordinary account. This is especially true if you place a lot of orders for your business.
The problem here clearly lies in the requirement for a correctly executed invoice. As an entrepreneur and founder, you want to deduct your purchases from tax on your tax return. But this is only possible if the invoice shows the correct tax. Especially if you purchase goods from a private seller, it may happen that no tax is listed at all, or the invoice is a bit sketchy due to ignorance. With an Amazon Business invoice you have found an appropriate solution to this challenge.
It’s worth taking another look at the price comparison. You can compare the net prices via an Amazon business account if you are subject to sales tax. This is not easily possible with a standard account. In addition, the history and statistics could be confusing and inaccurate if many orders are processed. In addition, other advantages help to make the purchasing department particularly effective.
This is how all entrepreneurs benefit
Decent bills The most important thing in purchasing is properly issued invoices. For products that you purchase via your Amazon Business account, you will automatically receive a correctly created invoice that contains all mandatory information and shows VAT.
Clear separation of “business” and “private” If you choose an Amazon Business account, you simply continue your original Amazon account. This means that a clear separation between business and private orders is always possible, which makes accounting much easier.
Special offers for business customers Some offers are available exclusively to Amazon Business customers.
Purchase on account Purchasing on account is no longer a given everywhere today. With Amazon Business, if you have a payment term of 30 days, you can simply pay your invoice later within this period. This means that there is no need to pay in advance or pay directly after receiving the delivery.
Tool for easy price comparison Amazon Business offers you a filter that you can use to display gross and net prices.
Further advantages and specials for larger companies
In order for the purchasing teams of large companies to carry out their tasks effectively and competently, additional tools and techniques are required. This includes:
Connection of your own merchandise management system There are two options for your orders: You can use catalog management as part of your Amazon business account to specify preferred retailers or products or connect your own inventory management system. This process saves you some effort and simplifies the process.
Purchasing management by several employees With Amazon Business, easily create different employees or entire purchasing groups of employees and assign them different budgets, rights and order approvals. This work-simplification process is available via the tool for a user number of 10 people or more Guided buying feasible.
Deposit of additional data You can easily store additional data on the platform, such as the document number or order number. This will make it easier for you to allocate your invoices and payments later. This approach significantly simplifies work and saves time, especially when a large number of orders are placed.
Procurement analysis The entrepreneur wants an overview of purchasing with facts and figures. The tool offers you starting with 10 users Spend visibility a range of help. You can check your employees’ purchasing behavior at any time, evaluate their purchases and, if necessary, find out potential savings.
Who doesn’t need Amazon Business and what are the disadvantages?
Ultimately, you decide for yourself whether Amazon Business is the right path for your company’s purchasing department. For most companies, the advantages clearly outweigh the disadvantages, but there are also some downsides.
Modern founders and entrepreneurs don’t always feel comfortable with the idea of doing their online shopping exclusively on Amazon. Ultimately, the platform has created a real monopoly in the digital shopping world, which is driving more and more local providers out of the market. If you are one of the entrepreneurs who like to distribute their purchases across different providers, Amazon Business and its tools are not worth it for you, as no evaluations of your total purchases are possible. Even those who don’t like mass-produced goods are more likely to find the individual goods they want from local suppliers. This would make an evaluation via Amazon Guided Buying unnecessary.
The biggest disadvantage of Amazon Business
Millions of satisfied business customers on Amazon Business still complain about one serious disadvantage:
You have no right to object. Accordingly, there are no rights to return an item if you don’t like it. However, Amazon is not responsible here, rather it is a legal basis. However, in practice it has been shown that many sellers take back goods as a gesture of goodwill if the purchaser can provide a plausible reason. All in all, the entire order processing process is fair.
The four packages and associated costs
Since every company entrusts a different number of employees with the ordering processes, four different packages are available for you and your company:
“Basic” package Maximum of 3 users, cost EUR 70 plus VAT per year
“Small” package Maximum 10 users, cost EUR 200 plus VAT per year
“Medium” package Maximum 100 users, cost EUR 500 plus VAT per year
“Unlimited” package unlimited number of users, cost EUR 4,000 plus VAT per year
The carefully selected packages with clear cost transparency make it easier for you to choose a suitable service for the purchasing area of your business.
**This is how the facility works **
Setting up Amazon Business for your company is relatively easy. Generate your Amazon account for Amazon Business. With these step-by-step instructions you will soon benefit from the advantages:
- Enter your email address
- Provide your company details: at least name, address, telephone number
- VAT ID (You can also create an account without providing your VAT ID. This is voluntary information.)
- Depositing your contact details and/or contact details of a contact person
- After entering all the data, Amazon checks your creditworthiness. This can take up to 3 working days.
- After checking, in the best case scenario you will receive a positive email
- The Amazon Business login is now ready for you.
Conclusion
Amazon Business offers you numerous advantages and conveniences. You always keep an overview of your company’s purchasing processes, as well as the purchasing behavior of your employees. With the correctly issued invoice, deducting taxes for your purchases is unproblematic. When purchasing on account, you decide when you make your payment within 30 days. The costs are clearly staggered within 4 possible packages. This makes it easy for you to find the right package for your business. In just a few minutes you can create your account and set it up to suit your company. With regard to the minor disadvantages that Amazon Business brings alongside countless advantages, you decide for yourself whether the Amazon Business System is a good choice for your company.
GetMyInvoices automatically collects all of your Amazon invoices and lists them categorically on one interface. This means you can process them as you wish and forward them to your tax advisor or accounting software.
