What is eCommerce integration?
eCommerce integration is the connection between an eCommerce business website and its end-to-end plans, such as an ERP or CRM system. Connecting an eCommerce system to ERP allows vendors, producers, and resellers to create information flow between the two systems, meaning they need to enter data into only one system
Marketers estimate that global e-commerce will increase to 16.5% by 2022. To reach $3,914. Trillion and U.S. consumers will spend about $710 billion in e-commerce this year. E-commerce is expected to reach 14.5% of the total value U.S. Sales By 2021, the highest rise and increase in stocks in one year.
While the two-digit growth is expected to continue, a significant increase in stocks is no doubt is caused by a global epidemic. And home-based buyers are very possible, they have moved their purchase from store to online for the benefit of retailers and have embraced modern e-commerce technology.
Importance of eCommerce integration
In today’s eCommerce environment, businesses rely on many individuals’ applications and data sources to bring their products in front of customers and provide a seamless shopping experience. This includes Internet stores, markets, POS systems, payment gateways, return management, and more. While these are great tools for providing specific business needs, but they cannot verify product availability, fast delivery, real-time order data, good customer reviews, or financial visibility when ended by each other.
To simplify processes, data needs to be seamlessly transferred from one application to other. For example, an entity may use ERP to keep track of the asset levels of each product. After implementing a consumer-oriented business model, the company has sold products online using the new eCommerce platform When selling an item online, the inventory in their background ERP system needs to be adjusted to keep product numbers correct. Besides eCommerce integration, that business must review the number of entries in its ERP system and its eCommerce application.
Why you need eCommerce integration
- Data accuracy
With eCommerce integration, data accuracy has never been compromised. Manual data entry means there will always be a chance of error, whether large or small. Asset synchronization, real-time track updates, and pricing all go at the speed of data exchange to make it more accurate than ever.
- Reduce operating costs
When you integrate your e-commerce platform into an ERP solution, you can perform several manual processes to minimize human errors. Sales orders may be forwarded directly from your eCommerce platform to your ERP system. You can reduce unnecessary costs by accessing real-time data regarding asset management.
- Order management
eCommerce integration platform allows companies to complete manual and duplicate data entry, as well as improve data exchange speeds, by integrating Magento, Shopify, Amazon, and other eCommerce programs, with their programs for ERP. Manual data entry is time-consuming and ineffective. The modern eCommerce platform strengthens this process, improves customer performance and satisfaction.
- Greater control and insights
With robust ERP eCommerce integration, you can automatically create financial reports for your business. Gain an understanding of which products work best, and which ones need to be improved, so that you can change your strategy quickly. Quick synchronization and access to information on any device mean you can make firm decisions quickly, with precise details.
- Better customer experience
With ERP eCommerce integration, customers might be kept in line during the entire sales process. Customers can contact updates and gain access to real-time data. With timely product and shipping details, you reduce potential frustration and help build lasting relationships with your customers.
Steps for eCommerce integration
Once the decision is made to integrate ERP into e-commerce, the next step is to plan and identify the business processes that need to be automated. Complete these four steps to begin.
- Begin by mapping all your e-commerce processes.
For this step, list all associated applications that are connected with these business processes.
- Then determine what critical data needs to be 100% accurate and up to date.
Like SKUs, orders and finances are just some of them.
- Identify manual, time-consuming, and resource-demanding processes.
Keep track of processes that cost you and your team valuable time, funds, and resources. For instance, if your accounting team spends an incalculable number of hours at the end of each month trying to close the books, consider automating your reconciliation payment business process.
- Lastly, calculate the return on investment for the implementation of an e-commerce ERP integration solution.
Consider the current labor cost of all your company’s manual processes. Next, compare this figure to the total cost of ownership of the automation.
Seamless eCommerce integration with eZintegrations™
eZintegrations™ the platform by Bizdata Inc is a no-code, browser-based cloud data integration platform that does real-time data integration with minimum IT intervention for connecting software and any enterprise application.
By leveraging eZintegrations™ iPaaS, you can connect data from any source such as eCommerce, warehouse, or ERP and empower organizations to consolidate multiple cloud solutions into a single platform.
Therefore, by implementing eZintegrations™ in your enterprise you can reduce operational costs, automate the manual processes, reduce data errors, increase control, improve customer experiences, and achieve better insights and analytics.