Have you heard of Amazon Business and you’re wondering what is it? It’s Amazon’s new online store entirely dedicated to businesses and professionals.
Amazon launched Amazon Business in April 2015 in the USA. It has features tailored to companies’ purchasing needs.
Among the most interesting options are:
- Displaying prices net of VAT.
- The ability to set approval procedures and multi-user accounts.
- Custom spending limits.
- Digital invoice management.
What are the benefits of Amazon business accounts? Is it worth setting one up? We explain everything you need to know about Amazon business accounts.
How Amazon Business works
Amazon Business is similar to the Amazon that we all know. But before you can use it, you need to create a company account. You can even convert your current account into a business account.
The Amazon Business account is free. You can create it without any commitment or the least turnover.
How to Register for Amazon Business
Want to know how to create an Amazon Business account?
Here is the step by step procedure!
- Connect to the page dedicated to Amazon Business
- Click on Create a free account.
- Enter a new email address to create a new account or enter the current email address to convert your account.
- Click on the “Send” button.
- Enter the name and your password.
- Click on the Next step.
- On the new screen enter the company information i.e. company address and the VAT number.
- Finally, click on Send.
The requirement to register an Amazon Business account is a VAT number and email address.
Complete the “Company name” section. Don’t use your personal name or your department’s name in this section.
You can either create a company profile from scratch or convert your existing one.
The procedure will take about 5 minutes. Afterward, everything will pass to the verification process that takes about 3 days.
Benefits of Amazon Business
Being a platform dedicated to businesses, it offers a series of specific advantages.
Let’s have a look at them!
1. Multi-user Accounts
First of all, it’s possible to add more users to a single account. You can also create different groups, and share payment methods.
Other features include order customization, set spending limits, and manage the company purchases.
Convenience, variety, and quality! Amazon Business can help you simplify the whole process of purchasing.
You can check, compare, and purchase what you require. It also has a payment option that is fast and flexible with reliable deliveries.
Besides, it can incorporate functionalities only designed for companies.
2. Extra Options in Your Purchase
This is where some more operational changes happen. It’s quite transparent for the client.
Amazon business users will have extra options such as a field to enter a project code or cost center. You can also set up an approval process to control your spending.
Amazon Business can help simplify your whole purchasing process. You can find, compare, and buy whatever you need.
Can you track your Amazon business account expenses?
Of course, yes! The Purchase Analysis tool makes it possible. Companies can track and analyze the various expenses made with their accounts.
3. Precise Control of Your Account
The main problem of using a personal account for business management is that you lose a lot of control. You might mix purchases, and you’ve to keep sharing the account with other users.
We all dread encountering such a situation!
Amazon Business accounts contribute a lot in terms of management. You can configure the Amazon Business catalog based on your purchase policies
It’s also possible to print the purchase receipt or a copy of the invoice.
What Are the Advantages for Small Businesses?
Have you had of the Amazon Tax Exemption Program? It’s a program that assists clients to apply the tax-exempt status to qualifying product purchases.
Account administrators help you set up the tax exemptions for your business accounts.
This tool guides users through the application process. You can use it to update your status and upload or edit certificates.
You can modify which items should have the tax exemption certificate applied. This should be after reviewing your order.
1. Better VAT Management on Your Invoices
This is always a worry to the company managers.
Does it worry you too? It shouldn’t! Keep reading to find out why.
The VAT management system has the following benefits:
- You can view the prices of each product net of VAT.
- You can manage the catalog. Thanks to the ability to specify preferences on products and sellers.
- Limit certain product categories.
- Generate alerts if someone tries to buy products that are not allowed.
- Associate an order number, project code, payment center for your orders.
- You can associate your orders with invoices.
- Integrate Amazon Business with your online systems.
When you adopt the price service with VAT excluded, they receive the Business brand. Do you need Click And Mortar Accounting services? We’ll get you there.
2. Exclusive Price and Quantity Discounts on Products
Obviously, Amazon Business is a service designed to buy large quantities.
Are there any discounts?
Amazon offers a discount according to the number of products that you want to buy. It also reduces prices on multiple purchases.
With it, you can view offers placed by vendors on a single page. Therefore, ensure you get the best price possible.
To show items for sale at a discounted price, you can click “Request a quantity discount.”
Want to spend less money on more goods? Then you got to register Amazon Business.
3. Delivery and Shipping Cost
Wondering how much money you’ll have to spend on shipping?
Amazon Business account has free delivery for purchases. It’s cheaper than that for private accounts.
Always confirm in advance that the seller delivers to your location. You can find this next to the “number of ordered items” and the “add to the basket button.”
Amazon Business is a powerful and flexible tool for professionals and companies. It allows them to manage their purchases efficiently and efficiently.
Since the registration is free, it’s worth trying and judging it for yourself.
Are you looking for additional benefits of Amazon Business Account? Keep checking our blog for this and more business tips.
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