With 25,000 active sites using the Magento e-commerce platform to operate their online business, Magento powers 1.2% of the internet. Magento is a robust e-commerce platform capable of handling the front end of the web stores with attractive themes, powerful extensions, search engine optimization, and reporting and analytics to streamline the user experience. However, it is an e-commerce platform and can’t manage shipping, warehousing, logistics, export/import, vendors, suppliers, inventory, and many more aspects without errors. Thus, to create an alignment between the front end and back end, integration of ERP (Enterprise Resource Planning) software with Magento is a prudent decision.
While an online store can function without integrating with ERP, a Magento ERP can elevate customer experience manifolds by streamlining various activities. The Magento-ERP integration aids in generating value at every transaction across the entire supply chain. So, instead of looking for a standalone solution to increase productivity in 2020, it is discreet to choose an ERP that integrates with your Magento-based website for synergistic outcomes.
Reasons to Integrate your Magento E-commerce Platform with ERP in 2020
- Processes Automation: Automation of various processes is a primary driver behind ERP and Magento e-commerce integration. The reasons are apparent as manual work like making entries, cross-checking stock level, updating catalog, tracking orders get automated, thereby saving resources like time and effort. Furthermore, with automation, the collaboration and communication between the sales team and back end get improved. The backorder management remains aligned, as the online availability of a product is tied with stock availability and gets updated without any human intervention. Thus, integrating ERP software with your Magento e-commerce platform is a profitable option as it directly impacts the system productivity.
- Cost Management: By integrating your Magento powered website with reliable ERP software, it is possible to reduce costs curves significantly. As mentioned earlier, automation improves transparency when data is automatically updated and aligned while taking care of other parameters as a result of which when a customer places an order, it is reflected on the warehouse, invoicing, shipping and accounting dashboards simultaneously that saves duplicate efforts and is less prone to any error.
- Customer Delight: In the era of digital commerce, when customers are looking for experiential services, your ERP integrated Magento store can provide a seamless experience to them in 2020. A customer can check the product availability in real-time, track the order in real-time, get every update about product movement, receive information about the shipping partner, get the contact details of the delivery partner, know the exact date and time of delivery and request returns with utmost convenience. Thus, Magento-ERP integration helps businesses to accomplish their end goal, which is customer satisfaction.
- Real-time Visibility: ERP system holds massive volume of data related to inventory, orders, suppliers, resources, accounts, customer details, and logistic information. On integrating Magento ecommerce platform with ERP, the process of data exchange in real-time gets strengthened. Both systems work in perfect alignment while deriving inputs from contextual information. The overall impact is evident in the form of higher visibility across the network.
- Error-free Performance: Needless to say, integration of ERP software with Magento leads to the flawless execution of the process while improving the bottom-line of the business. A system that is less prone to errors and miscalculations tends to remain stable and helps managers to make accurate decisions. Moreover, another benefit of Magento-ERP integration in 2020 will be high compliance, as ERP software ensures that business operations comply with local and federal regulatory guidelines. Thus, the front end shows the right prices of products with appropriate taxes and deductions.
How should you proceed to Integrate your Magento E-commerce Platform with ERP in 2020
As mentioned above, integration of your Magento powered website with credible ERP software imparts a multitude of benefits to your business. However, it is crucial to choose a reliable ERP system for sustainable results. CeleroERP, a flagship product of Katalyst Software Services Limited, is a highly customizable solution that seamlessly integrates with Magento e-commerce platforms and boosts business revenue. CeleroERP is available as Software as a Service (SaaS) system.
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