In such a technologically advanced time, the days of conducting business via the internet are here to stay. Ecommerce businesses – those that conduct their transactions electronically over the web – are increasing by the day. This booming industry makes purchasing products and services online easier than ever.
Not only has ecommerce become a necessity for consumers, but also business owners around the world. But even though there are tons of perks associated with running an ecommerce business, there are also some drawbacks. The flow of essential business information – like invoices, inventory lists, and transactions – can be difficult to monitor within an online-based company.
Luckily this has been made easier with a concept known as ecommerce integration. Every ecommerce-based business can save time and resources by investing in an integration system. Want more details on what ecommerce integration is and how it can benefit your company? Keep reading.
What is ecommerce integration?
In order to run efficiently, every company needs what is called an ERP system, or enterprise resource planning system. This allows the online company to keep track of every core business process, including available inventory, transaction history, and accounting information. All in all, an ERP is what makes an ecommerce business stay organized and run efficiently.
Ecommerce integration is essentially a link between your website and the ERP software. When a customer makes a purchase on your online store, the information will be directly uploaded to your ERP when you invest in ecommerce integration. In order to run as smoothly as possible, it is essential to coordinate these two things with each other.
Why does your business need it?
You might be wondering why ecommerce integration is so vital for your online business. Here are just a few reasons.
It will save time
As we stated before, ecommerce integration is the direct link between your online store and your enterprise resource planning system. But why is this so essential? First of all, the integration of the two increases organization tenfold and is a huge time saver. You’ll no longer need to input information manually into your ERP when you invest in an integration system.
It will save on labor costs
Secondly, ecommerce integration cuts down on the cost of labor. As a business owner, you will no longer need to invest time and money into manual data entry for your company. Although there will be an upfront cost to purchasing the integration software, the long-term savings make the investment well worth it.
It eliminates the likely chance of human error
Another perk to an ecommerce integration software is the elimination of human error. Most business owners know what it is like to stare at a computer screen on end and input numbers into a spreadsheet. This is a tedious process, but there is also a chance that errors will be made. By investing in an integration software, there is no longer the risk of inputting the data incorrectly.
So there you have it. As you can see, every ecommerce business is doing themselves a disservice by not investing in an integration software. Not only will it make your life easier in the long run, it will ultimately save you precious time and money.