Today, e-commerce is revolutionizing the way consumers shop for the products they need. Thanks to the internet, they can browse for top-quality goods at most reasonable prices. Even entrepreneurs who conduct their business activities in this field notice a significant increase in their profits. However, experts say it is important for them to integrate their online storefronts with their organization’s enterprise resource planning (ERP) system. This allows them to take control of every aspect of their establishment. They are even in a better position to handle certain critical issues. These could relate to shipping, tracing customer orders, product information and inventory.
Why should entrepreneurs consider ecommerce ERP integration?
Such professionals point out the following 5 important benefits such businessmen can enjoy by integrating their e-commerce storefront with their businesses ERP system:
- Minimizes data redundancy and human errors
By incorporating their e-commerce storefront with their organization’s ERP system, entrepreneurs can ensure proper processing of relevant data. Such information could relate to payments, web orders, tracking references, and customer details. They can even upload necessary inventory details from their business’ enterprise resource planning system to their online portal. This type of integration minimizes the occurrence of data redundancy and human errors.
- Minimizes operation expenses
Customers who shop online usually expect all the information they need at their figure tips. This include details relating to their purchase orders, tracking status of such goods and current inventory. Entrepreneurs can ensure proper automation of such data by integrating their e-commerce storefront with their organization’s ERP system. This in turn minimizes the occurrence of order backfires and associate errors. This net result of such an exercise is an overall reduction in operating costs.
- Boost internal productivity
Industry experts explain that proper ecommerce ERP integration is instrumental in streamlining independent business processes. When entrepreneurs take steps to incorporate their web sales in their ERP system, their staff can process customer orders immediately. This helps to reduce the overall order fulfillment cycle.
- Proper inventory control and reduction of relevant costs
By combining their online storefront with their organization’s ERP system, such businessmen can achieve better inventory control. Their staff can use the web information appearing on this automation system to automatically update stock levels. This enable such owners to plan their purchases accordingly. It also helps to keep inventory costs within budget.
- Instant generation of proper financial reports
Proper integration of enterprise resource planning system with e-commerce storefronts allow entrepreneurs to obtain relevant financial reports instantly. Such information could be in the form of trial balance, balance sheet cash flow and income statement. This enable such businessmen to know firsthand the revenue their organizations are generating.
The above 5 advantages prove that ecommerce ERP integration is the best interests of entrepreneurs owning online storefronts. The process gives them better control of various aspects of their organization. They can minimize operating costs and improve their establishment’s efficiency. It also digital shopping experience of their customers over time. In the long-run, taking such a step can turn out to a win-win situation for everyone.
