Consolidate ERP & eCommerce Reporting through Integration as it has numerous benefits for businesses. Bringing data from eCommerce in an ERP for reporting allows companies to gain valuable insights into their day-to-day operations, inventory levels, sales history, and customer behavior. Below are some key considerations to establish consolidated reporting.
Review Reporting Requirements:
Identify the specific reporting requirements according to your business needs. In the next step collect that data and sort it out from ERP and eCommerce systems accordingly. This includes mainly sales and customer data, inventory levels, order fulfillment frequency, rate, etc.
Establish Data Synchronization:
Through Integration establish a bidirectional flow of data between ERP and eCommerce platform according to the business need. The purpose of this synchronization is to ensure that the information is consistently and accurately updated in both systems. The key data which need to synchronize are product details, inventory levels, customer information, and sales information.
Map Data Fields:
Mapping is very important for correct data flow between the two platforms. Identify corresponding entities like tax, shipment and payment methods in both systems and ensure they align correctly with each other. This is very important to establish proper integration between the two systems in order to achieve accurate and desired reporting.
There are number of benefits associated with consolidated reporting.
Design Custom Reports:
Once the integration is in place, create custom reports by combining data from both systems. Use reporting tools available in ERP or can be used with ERP's like Power BI. Create comprehensive reports that reflects the desired facts and figures.
Analyze and Visualize Data:
Utilize different data analysis and visualization techniques to gain deeper insights from your consolidated reports. These tools help Identify trends, patterns, and key performance indicators (KPIs). These indicators helps to monitor the health of business, track sales performance, and evaluate customer satisfaction level.
Collective data from ERP & eCommerce provides a holistic view of business operations. Users can access real-time information and plan accordingly for demand and supply, for launching campaigns , for targeting customers based on their behavior and entering new markets.
Better Supply & Demand Planning:
The integration enables accurate inventory tracking across both platforms. It helps better demand & supply planning to prevent overselling or stockouts. This helps in optimizing order fulfillment, minimizing backorders, and improving customer satisfaction.
Overall, consolidating ERP and eCommerce reporting through integration empowers businesses with accurate, real-time data, streamlined processes, and valuable insights, leading to improved decision-making and operational efficiency. Looking to Consolidate ERP & eCommerce Reporting through Integration? Don't wait and connect with