Businesses are continuously focused on growing their B2B ecommerce and having the right ERP system to supplement it is a key thing to keep in mind. B2B ecommerce is changing how brands do business, allowing them to grow their digital presence. With the right ERP software system, brands can streamline their operations, easily access data, and understand ways that the business can grow.
In general, Enterprise resource planning (ERP) is the "integrated management of main business processes, often in real time and mediated by software and technology. ERP is usually referred to as a category of business management software—typically a suite of integrated applications—that an organization can use to collect, store, manage, and interpret data from many business activities."
ERP systems can either be local based or cloud-based like Blastramp is and the latter is becoming increasingly popular. A cloud-based ERP software is hosted and managed offsite in the cloud by your vendor.
The ERP software industry isn’t going anywhere and your B2B ecommerce strategy would be better suited utilizing an ERP platform.
Here are 3 benefits of using an ERP system for your B2B ecommerce.
If you’re selling products online, you need to make sure that your pricing is correct. When you integrate your B2B ecommerce platform with an ERP system, you ensure that this data is always correct and can be updated automatically. The back and forth data exchange between your B2B ecommerce platform and ERP software will save you time that can be used on other important areas.
Customer behavior today is as diverse as ever before. You have shoppers who prefer to make online transactions, customers that prefer to use your business’ app, and the customers who still go into stores to do their shopping. The one thing you don’t want to change no matter where a customer is doing their shopping is their customer service experience with your business. With an ERP software system, your customers will have the same experience no matter where they do their shopping. An ERP system ensures your pricing is accurate on all your platforms and inventory levels are updated regularly for the best experience possible. ERPs are a powerful tool for your B2B ecommerce strategy, where it can help you shape your customer journeys and better personalize their interaction with your business.
You must ensure that your business is profitable and realistic to operate. Having financial management capabilities will help your business track at any given time its income and expenses. Your business can properly plan for sustainable growth or cut back on costs if it's needed. Having an ERP system with accounting capabilities is essential to truly understand the success of your business. You will want to find an ERP system with financial features such as accounts payables, accounts receivables, reporting, and payroll to name a few. Not all ERP systems will completely replace the need for accounting software, but what it can do is manage the key areas that matter most to your business.
Blastramp is an easy-to-use cloud-based order and inventory management software designed to support B2B and B2C Brands manage their inventory and sales orders. We specialize in integrating multiple client systems and seamlessly synchronizing with third party applications. And, our comprehensive platform was designed and developed based on direct feedback from the markets we service and experts in the supply chain industry.
Unlike most order and inventory management software companies that follow the traditional one-size-fits-all approach, Blastramp has been designed to support businesses of all sizes in their growth cycle.
As a growing business, we understand that more of your time and money should go into the actual work of serving your customers instead of worrying about buying an expensive order and inventory management software subscription.
If you’re interested in learning more about our cloud-based ERP software, you can take advantage of our Blast Academy, a set of training modules and step-by-step tutorials that guide you to get the most out of our cloud-based ERP software. Whether you’re looking for an answer to a specific question or want to build your Blastramp skills, our Blast Academy is the perfect one-stop-shop for your training needs. With Blast Academy by your side, you’ll be an expert in no time!
If you have any other questions that need to be answered, feel free to email us at firstname.lastname@example.org.