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Glossary

TermMeaning
Admin consoleThis back-office web app — the address ending in /console
Approval routingAmount-band tiers deciding which buyer-company role may release a held order
AR agingAccounts receivable grouped by how many days overdue (current / 1–30 / 31–60 / 61–90 / 90+)
AttributeA structured product detail (brand, size, voltage) with a type and optional validation rules
BackorderAllowing an order to confirm even when stock is insufficient
CommissionThe operator’s percentage take on a marketplace vendor’s sale
Completeness scoreA product’s percentage score against required data (description, images, specs)
Counter-offerA buyer’s proposed changes to your quote’s prices or quantities
CPQ / ConfiguratorConfigure-Price-Quote: option groups and rules that price configurable products
Credit limitCompany-level cap on total open exposure (0 = unlimited); exceeding it holds new orders
Credit noteA credit issued to a customer, e.g. from a received return or a settled rebate
Dry runThe import preview: every row validated and staged, nothing saved
DunningAutomatic chasing of overdue invoices (mark overdue + send notices)
EDIElectronic Data Interchange (X12) — machine-to-machine POs, ship notices, invoices
GuardA workflow requirement that can veto a transition (e.g. amount within approval limit)
InvoiceThe bill for an order; statuses draft → issued/sent → partial → paid (or overdue/void)
LeadRaw sales interest (e.g. a storefront enquiry) — convertible to a customer + opportunity
Movement ledgerThe append-only history of every stock change; the source of truth for inventory
OpportunityA deal being worked in the CRM pipeline, with an amount and a stage
Organization (tenant)One company’s isolated workspace on the platform
PayoutA batch of a vendor’s delivered, unpaid sub-order earnings, disbursed with a reference
PermissionA granular right (view or manage per area) combined into roles for staff
Price listA book of prices (with volume tiers) assigned to customers, groups, or websites
Price ruleAn automatic percentage or fixed adjustment on top of resolved prices
PunchoutBuyers shopping your catalog from inside their procurement system (cXML/OCI)
QuoteYour versioned, priced offer answering an RFQ (or created directly)
RebateA volume-based program that accrues on spend and settles into credit notes
RFQRequest for quote — a buyer’s ask for pricing on a set of items
RMA / ReturnThe return flow: requested → approved → received (restock + credit) or rejected
ShipmentA dispatch of some or all order lines, with carrier, tracking number, and source warehouse
SKUYour unique product code
Spending limitPer-user cap; orders above it go on hold for a company approver
SSO / OIDCSingle sign-on via an identity provider, for staff or buyer organizations
Sub-orderThe per-vendor slice of a marketplace order, with its frozen commission snapshot
Tier (pricing)A price at a minimum quantity — several tiers make a volume-break table
WebhookA signed notification Sokisoko POSTs to an external system when events happen
WebsiteA storefront site definition: domain, default currency, locale
WorkflowThe configurable stage map an entity (order, quote, shipment) moves through