#epicor api integration

[b2sellsoftware]

Top 5 Reasons to Use B2Sell’s Epicor Rest API

Epicor P21, a powerful Enterprise Resource Planning (ERP) system, offers a robust set of functionalities to streamline business processes. However, integrating P21 with external applications can unlock even greater efficiency and automation. This is where the B2Sell’s Epicor Rest API comes in, providing a seamless bridge between Epicor P21 and various external systems. 

In this blog, we'll delve into the top 5 reasons why leveraging the B2Sell Rest API for Epicor P21 integration is a strategic move for businesses seeking to optimize their operations. 

1. Enhanced Data Visibility and Streamlined Workflows 

One of the most significant advantages of using the B2Sell API for Epicor P21 integration is the improved data visibility it offers. By establishing a real-time connection between P21 and external systems, the B2Sell Web API eliminates the need for manual data entry and transfer. This ensures data accuracy and consistency across all integrated platforms. 

Imagine a scenario where a customer places an order on your e-commerce platform. Traditionally, this order information would need to be manually entered into P21. With the B2Sell API in place, the order data automatically flows from your e-commerce platform to P21, triggering the fulfillment process. This eliminates the risk of errors associated with manual data entry and streamlines the order fulfillment workflow. 

2. Effortless Integration with Diverse Applications 

The B2Sell’s Epicor Rest API boasts exceptional flexibility, allowing it to integrate seamlessly with a wide range of third-party applications. This includes:

Customer Relationship Management (CRM) Systems: Synchronize customer data between P21 and your CRM, ensuring your sales team has access to real-time customer information for informed decision-making.

E-commerce Platforms: Integrate your online store with P21 to automate order processing, inventory management, and shipment tracking.

Warehouse Management Systems (WMS): Enhance warehouse efficiency by enabling real-time inventory visibility and communication between P21 and your WMS. 

Accounting Software: Streamline financial processes by automatically transferring sales and purchase order data between P21 and your accounting software.  

This extensive integration capability empowers businesses to create a unified ecosystem of interconnected applications, fostering automation and eliminating data silos. 

3. Improved Business Agility and Scalability

The B2Sell’s Epicor Rest API empowers businesses to react swiftly to changing market demands. By automating data exchange between P21 and external systems, businesses can: 

Respond Faster to Customer Inquiries: With real-time order and inventory data readily available, businesses can provide accurate and prompt responses to customer inquiries, enhancing customer satisfaction. 

Optimize Inventory Management: Gain real-time insights into inventory levels across various sales channels, enabling data-driven decisions for effective inventory management and reduced stockouts.

Shorten Order Fulfillment Cycles: Streamlined workflows, facilitated by the B2Sell Rest API, expedite order processing and fulfillment, leading to faster delivery times and improved customer satisfaction.  

This agility allows businesses to adapt to evolving market conditions and seize new opportunities more effectively. Additionally, the Epicor P21 API  scales effortlessly accommodate business growth. As your business expands, you can seamlessly integrate new applications without worrying about compatibility issues. 

4. Reduced Development Costs and Time to Market

Developing custom integrations from scratch can be a time-consuming and expensive endeavor. The B2Sell’s Epicor P21 API provides a pre-built, robust solution that eliminates the need for extensive custom coding. This translates to: 

Lower Development Costs: Businesses can leverage the B2Sell API's pre-built functionalities, significantly reducing the time and resources required for custom development projects. 

Faster Time to Market: With the Epicor P21 API Integration readily available, businesses can implement integrations with external applications much faster, accelerating the launch of new features and functionalities. 

These cost and time savings allow businesses to focus their resources on core competencies and achieve a faster return on investment (ROI).

5. Enhanced Security and Compliance 

The B2Sell’s Epicor Rest API adheres to stringent security protocols to safeguard sensitive business data. It utilizes industry-standard authentication and authorization mechanisms to ensure that only authorized users can access and modify data. Additionally, the B2Sell API provides comprehensive audit trails, enabling businesses to track data access and modifications for enhanced compliance. 

In today's data-driven world, security is paramount. The B2Sell Rest API's robust security features give businesses peace of mind, knowing that their critical business data is well-protected.

Conclusion 

The B2Sell’s Epicor Rest API is a powerful tool that unlocks the full potential of your Epicor P21 investment. By leveraging the B2Sell API, you can achieve improved data integration, efficiency, automation, customer experience, and scalability. If your organization seeks to optimize business processes and gain a competitive edge, then the B2Sell API is a compelling solution to consider. 

For further information on Epicor P21 API or Epicor REST API, consult the B2Sell Rest API website or collaborate with our support consultant. 

Get in touch with our team to start your free demo  today!

[erpadvisorsgroup]

⏰ Tune in to episode 133 of The ERP Minute for this week’s #ERP news on Epicor’s fiscal year 2023 financial results, Infor’s launch of GenAI & ESG Reporting, and Salesforce’s AI-powered enhancements to its MuleSoft automation, integration, and API management solutions.

#erpminute #erpnews #erpsoftware #erpconsulting

[kbmax-cpqsoftware]

Revealing The Secret To Top CPQ Solutions

By changing manufacturers from digital underachievers to sector leaders, the best CPQ solutions have the potential to revolutionize their businesses. 

While the primary purpose of CPQ is to speed up and simplify the sales process through effective product design, pricing, and quoting, several less well-known advantages positively impact the whole business, not just the sales team. In this article, we'll delve into these unsung advantages and reveal their true potential.

Not every CPQ system will provide you with all the benefits we outline. And these advantages might not be noticeable later. But scratch beneath the surface of top CPQ solutions like Epicor CPQ, and you’ll find a treasure trove of untapped potential that can revolutionize your manufacturing operations and drive tremendous business growth.

Let’s look at the benefits of CPQ solutions in detail. 

State-of-the-Art CPQ Process

Here's a brief rundown of how today's top CPQ tools operate before we get into the advantages. Today’s top CPQ solutions take a visual approach to the configure price quote cpq process and drive automation across the whole engineer-to-order cycle. Below are the key steps.

Visual Configuration: Giving Life to Your Products

With the help of a visual product configurator, users can customize products. This tool enables sales representatives and consumers to build and visualize things using 3D models in real-time. 

Manufacturers program their engineering and pricing rules into these configurators. These rules dictate the configuration and pricing process, eliminating errors.

The functionality and users of manufacturers' configurators are entirely up to them. They can be for sales reps only or embedded into websites for customers to operate remotely in a self-serve experience. The latter is becoming the norm across many sectors.

Adaptive Pricing

The best CPQ solutions compute real-time costs as users specify goods.

This automation provides greater pricing clarity, control, and immediate feedback, enabling rapid decision-making that boosts conversion rates.

Quick Quoting

Users can download quotations instantaneously, reducing the length of sales cycles to a fraction of what they were previously instead of waiting weeks for estimates and the requisite approvals.

Mechanize Design

The best CPQ software also automatically generates CAD files, bill of materials (BOM), CNC cut sheets, additive manufacturing files, and more in real-time, routing them to engineers for approval or directly to the shop floor.

Customer Contentment

The customer's product is customized to meet their specific needs and delivered earlier than planned. Everyone’s happy!

Game-Changing Benefits of Implementing a Top CPQ Tool

Here are a few significant CPQ advantages that some firms are unaware of.

Improved ROI from Back-Office Systems

Many organizational systems are integrated with leading CPQ solutions, such as ERP, CRM, CAD, and B2B eCommerce. They use APIs (application programming interfaces) to connect quickly and seamlessly without the risk of destabilizing the rest of the tech stack. 

After integration, data is free to flow, allowing firms to utilize their digital resources fully. 

As an example, The visual product configuration experience can be tailored by manufacturers that smoothly link CRM with CPQ systems. In turn, they can track user interactions with products within the configurator and incorporate this behavioral data back into the CRM. 

As a result, when a representative wants to get in touch, they can quickly obtain information about the prospect's preferences for products and option packages, giving them a helpful head start.

Empower Assistance for Localization and Globalization

Thanks to CPQ solutions, manufacturers can customize product regulations, pricing, and customer experiences following specific user groups. These groups may encompass diverse sales channels, such as distributors, who may access different pricing structures compared to online customers. Additionally, CPQ systems enable customization for various geographic or market areas, assuring the best experiences for each segment.

CPQ solutions allow manufacturers to localize their operations by tailoring their product lines and pricing plans to specific needs, considering regional differences in currencies, languages, laws, customs, and social mores. This ability to localize helps manufacturers globalize, expanding into new markets and competing from Day One.

Rise Collaboration and Efficiency 

By removing barriers and offering a single source of truth, the best CPQ systems offer collaboration across sales, engineering, and the shop floor. Teams have access to the same information, enabling seamless coordination and communication. 

Salespeople have access to information about the whole engineering process. Reps won't need to phone through to the shop floor whenever a consumer calls for an update on their purchase.  This seamless digital thread improves efficiency, reduces lead times, and enhances customer satisfaction.

Rapid Decision-Making Based on Data

For manufacturing and associated data, a single source of truth offers a plethora of knowledge to help decision-makers make well-informed choices. Manufacturers can analyze how customers interact with visual product configurators, which options are best-sellers, and what messaging is most effective. Using this information to recognize trends, create more effective products, and provide sales representatives with the knowledge they need to enhance win rates.

Increase cross-selling and upselling opportunities

By looking into customer preferences, past purchases, and configurator usage, CPQ and CRM integration can aid manufacturers in identifying upselling and cross-selling possibilities. This analysis enables manufacturers to offer targeted recommendations, increasing deal sizes and improving customer satisfaction.

Improved Compliance and Governance

Through product rules, manufacturers can integrate internal and industry norms into their configurators, guaranteeing that all items and quotations follow the rules. This reduces the risk of non-compliance, which can result in penalties and reputational damage. It can also avoid rework costs and minimize warranty claims.

Enhance  Operation In Less Effort

With shifting demand, rising costs, and supply chain disruption, the industrial sector has recently seen disruption. The modern manufacturer has to be agile. Without sacrificing quality, they must ramp up production quickly and lower fixed costs to safeguard against downtime.

Best CPQ systems automate the tedious procedures in the engineer-to-order process, enabling manufacturers to scale back operations during lean times and increase operation during good times—all without needing to employ or fire personnel or spend money on new infrastructure or software.

More Sustainable Environment

The automated capabilities of CPQ provide higher accuracy and consistency, which reduces errors and inefficiency. Poor configurations (often the fault of new hires) lead to wasted materials, energy, and carbon emissions. 

Advanced CPQ solutions assist businesses in lowering their environmental footprint, paving the way for a more sustainable future. But it’s not just the environment that benefits. The business does too. Here’s how:

Governments are enforcing stronger environmental laws, particularly those related to emissions. Failure to adhere can lead to fines and additional tax liabilities. Manufacturers can gain an advantage by lowering their carbon impact.

It has become harder to find top industrial personnel. The industry needs more qualified candidates, as younger generations are less drawn to manufacturing careers while the Baby Boomer majority approaches retirement. To stand out in this cutthroat labor market, sustainability must be a top priority for manufacturers. Working for a company committed to sustainability is paramount for the younger generation.

Businesses want to collaborate with suppliers who share their commitment to the environment and can help them build their brand as ethical enterprises. 

Sustainability is a priority for consumers as well. Your green credentials might be a key selling factor and differentiation as end users turn away from unsustainable products.

Enhanced Engineering Effectiveness

Transactional work bogs down engineers. This is particularly true for businesses that provide complicated customizable items. The engineering team must produce drawings and CAD files whenever a sales rep needs a quote. Since the settings they receive from the sales team are frequently rife with mistakes and inconsistencies, this is tremendously tedious, time-consuming, and infuriating. Fewer people talk about how top CPQ solutions make life easier for under-pressure engineering teams. Much of the focus on CPQ is on how these solutions improve sales performance and efficiency. However, the technical impact is frequently the largest gain for many businesses, resulting in quicker launches of better-quality, more inventive goods.

Top CPQ solutions supercharge engineering efficiency in two ways:

Sales-generated configurations are certainly error-free since the configurator has previously verified them using the technical knowledge stored in the system as product rules. 

CPQ auto-generates CAD files for every configuration, saving a tremendous amount of time.

Engineers can focus on more vital duties like inventing better products that increase their company's competitiveness and encourage consumer loyalty when liberated from the monotony of constant CAD development.

Delightful  Employee Satisfaction and Retention

In a highly competitive labor market, the only way to retain your best employees is to reduce repetitive work, allowing them to focus on higher-value jobs and the freedom to realize their full potential.

Engineers become more inventive, and sales representatives become more productive and engaged because of CPQ software's automation and streamlining. Reps can focus on building customer relationships instead of struggling through complex configurations and pricing calculations. 

By integrating CPQ with your other back-office systems, a lot of the tedious back-and-forth that slows down everything and makes everyone crazy is eliminated!

Speed up Onboarding of New Hires

New recruit onboarding is more complex and time-consuming than ever. Customers want more customization options, which strains the engineering and sales staff. Moreover, products are becoming more technical, further steepening the learning curve.

The best CPQ solutions automate sales, accelerating the learning curve for new employees. They also have guided selling capabilities, which help sales reps or customers navigate the complex sales process by providing prompts and scripts that guide them through.

Efficient Product Lifecycle Management

Modern CPQ technologies allow firms to launch new goods and remove outmoded ones quickly. The product catalog can be updated centrally, disseminating updates throughout the organization using configurators. 

Immersive 3D images make it simple to add new product possibilities since they do away with the need for laborious explanations and extensive product descriptions. Manufacturers can swiftly adapt to evolving customer preferences, competitor dynamics, and changes in the broader economic landscape, ensuring maximum agility and competitiveness.

Deployment of Industry 4.0 Technologies Made Simple

Manufacturers who have access to digital tools are integrating several kinds of Industry 4.0 technologies into their tech stacks. Top CPQ solutions can ease the implementation and adoption of the most impactful of these technologies. Below are some examples.

Augmented Reality

With several applications in the industrial sector, such as assembly, maintenance, training, quality control, and compliance, augmented reality has had a significant influence. Top CPQ solutions can easily incorporate augmented reality capabilities, enhancing customer engagement by providing interactive product demonstrations and enabling customers to visualize configurations in real-world situations.

Virtual Reality

Up until now, virtual reality hasn't influenced the industrial sector much. Still, things are changing as the requisite VR headsets become more widely available and reasonably priced. VR configurators let customers configure and experience products in a virtual environment, identifying potential issues before production begins and changes become expensive. 

Mixed Reality

The next big thing in immersive technology is predicted to be mixed reality, a system that combines components of VR and AR. Apple CEO, Tim Cook, wants to build his legacy on his mixed-reality headset, with other B2B and B2C’s sure to follow suit. With APIs, cloud-based CPQs like Epicor CPQ can effortlessly interface with emerging mixed-reality platforms, giving you an advantage over the competition.

Cloud Computing

The best CPQ solutions use a SaaS (Software-as-a-Service) approach to run in the cloud and provide various benefits.  These include:

Reduce Initial Costs: Cloud-based CPQ solutions feature cheaper upfront expenses because you don't need to buy pricey gear to use them. The pay-as-you-go pricing model keeps costs more manageable and predictable.

Minimize TCO: Compared to on-prem, cloud CPQ has a much cheaper total cost of ownership (TCO).  The vendor manages and maintains your solution, updating and fixing bugs. This is a significant advantage for smaller businesses with constrained IT resources.

Quick Implementation: Without the requirement for hardware installation, your company can begin operating immediately, cutting down on time spent creating value.

Improved Scalability: Scalability of cloud CPQ systems is simple. You can expand or contract usage on demand and pay as you go.

Enhancing Capacity: Cloud CPQ solutions often provide higher levels of security due to companies' investments in cutting-edge security technologies, including data encryption and stringent access restrictions. Automatic backups and disaster recovery protect your business in case of system failures, ensuring business continuity.

Accessibility: Employees can access the solution in fields using any internet-connected device thanks to cloud-based CPQ solutions, which are accessible in your browser.

Future-proof: New upgrades and features constantly evolve to cloud-based CPQ solutions, allowing for continual evolution. This helps you adapt to technology trends and provide your customers with cutting-edge digital experiences. Improved interaction with other cloud apps enables you to build and integrate new solutions as they become available.

Additive Manufacturing

The best CPQ solutions can automatically create files for additive manufacturing and route them to 3D printers on the shop floor. This enables true end-to-end automation, whereby the customer configures a product remotely, places their order, and their product is manufactured immediately, all without a human touch.

Raise Profit by Improving Pricing Strategy

Dynamic pricing in CPQ systems calculates prices in real-time, giving customers immediate pricing feedback to make well-informed on-the-spot decisions. But top CPQ solutions do more than calculate prices fast; they price them intelligently. 

The most effective CPQ software incorporates labor rates, shipping costs, material costs, and competition activity into their stated prices. This lets manufacturers adjust to market fluctuations, provide timely promotions, and maximize margins from every deal without sacrificing sales volume. 

The Verdict: CPQ Solution Offers Much More

Everyone is familiar with CPQ's ability to simplify product setup, pricing, and bids. Only some people are aware of the benefits that lie beyond these core functions. Moreover, these hidden features are equal potential to improve staff retention, product lifecycle management, and environmental sustainability.

[cpqsoftware]

Beyond the Basics: Uncovering Hidden Advantages of Top CPQ Solutions

Top CPQ solutions hold the power to revolutionize manufacturing businesses by transforming them from digital laggards into industry leaders. 

While CPQ's primary function is to streamline and expedite the sales process through efficient product configuration, pricing, and quoting, numerous lesser-known benefits provide value across the organization, extending beyond the sales team. In this article, we'll delve into these unsung advantages and reveal their true potential.

You won’t get all the benefits we discuss from every CPQ solution. And these benefits might not be immediately apparent. But scratch beneath the surface of top CPQ solutions like Epicor CPQ, and you’ll find a treasure trove of untapped potential that can revolutionize your manufacturing operations and drive tremendous business growth.

Here are the benefits we’ll cover:

Improved ROI from Back-Office Systems

Localization and Globalization Support

Increased Collaboration and Efficiency

Accelerated Data-Driven Decision-Making

Increased Deal Size

Strengthened Compliance and Governance

Effortless Scalability

Greater Environmental Sustainability

Boosted Engineering Efficiency

Higher Employee Satisfaction and Retention

Faster Onboarding of New Hires

Streamlined Product Lifecycle Management

Simplified Adoption of Industry 4.0 Technologies

Optimized Pricing for Maximum Margins

The Modern CPQ Process

Before diving into the benefits, here’s a quick recap of how market-leading CPQ tools work these days. Today’s top CPQ solutions take a visual approach to the configure price quote cpq process and drive automation across the whole engineer-to-order cycle. Below are the key steps. 

1. Visual Product Configuration  

Users configure products with a visual product configurator–an interactive tool that lets sales reps and customers design and visualize products in real time using 3D models. 

Manufacturers program their engineering and pricing rules into these configurators. These rules constrain the configuration and pricing process, eliminating errors.

Manufacturers have complete control over how their configurators work and who can use them. They can be for sales reps only or embedded into websites for customers to operate remotely in a self-serve experience. The latter is becoming the norm across many sectors. 

2. Dynamic Pricing 

As users configure products, top CPQ solutions calculate prices in real time. This automation provides greater pricing clarity, control, and immediate feedback, enabling rapid decision-making that boosts conversion rates. 

3. Instant Quoting 

Instead of waiting for weeks for quotes and the necessary approvals, users can download quotes instantly, slashing sales cycles to a fraction of their former duration. 

4. CAD and Design Automation 

Top CPQ solutions also auto-generate CAD files, BOMs, CNC cut sheets, additive manufacturing files, and more in real-time, sending them to engineers for sign-off or routing them directly to the shop floor. 

5. Customer Satisfaction 

The customer’s product is configured to their unique requirements and shipped faster than expected. Everyone’s happy!

X Game-Changing Benefits of Implementing a Top CPQ Tool

Here are some enormous CPQ benefits that some manufacturers don’t think about.

1. Improved ROI from Back-Office Systems 

Top CPQ solutions integrate with other enterprise systems, such as ERP, CRM, CAD, and B2B eCommerce. They use APIs (application programming interfaces) to connect quickly and seamlessly without the risk of destabilizing the rest of the tech stack. 

Once integrated, data flows freely, and manufacturers can leverage the full capabilities of their digital resources. 

For instance, manufacturers who seamlessly integrate CRM with CPQ systems can tailor the visual product configuration experience by utilizing customer data. In turn, they can track user interactions with products within the configurator and incorporate this behavioral data back into the CRM. 

Consequently, when a representative wishes to make contact, they can easily access information about the prospect's product and option preferences, providing them with a valuable head start.

2. Localization and Globalization Support 

CPQ solutions empower manufacturers to tailor product rules, pricing, and customer experiences according to specific user groups. These groups may encompass diverse sales channels, such as distributors, who may access different pricing structures compared to online customers. Furthermore, CPQ solutions facilitate customization for distinct markets or geographic territories, ensuring optimal experiences for each segment.

Manufacturers can localize their operations by adapting product offerings and pricing strategies to different markets, accommodating regional variations in currencies, languages, regulations, preferences, and social norms. Somewhat counterintuitively, this ability to localize helps manufacturers globalize, expanding into new markets and competing from Day One.

3. Increased Collaboration and Efficiency

Top CPQ solutions promote collaboration between sales, engineering, and the shop floor by breaking down silos and providing a single source of truth. Teams have access to the same information, enabling seamless coordination and communication. 

Sales get visibility over the end-to-end engineering process. So if a customer reaches out for an update on their order, reps don’t have to call through to the shop floor. This seamless digital thread improves efficiency, reduces lead times, and enhances customer satisfaction.

4. Accelerated Data-Driven Decision-Making 

A single source of truth for manufacturing and related data provides a wealth of information for informed decision-making. Manufacturers can analyze how customers interact with visual product configurators, which options are best-sellers, and what messaging is most effective. They can use this data to spot trends, design better products, and give sales reps the information they need to increase win rates.

5. Increased Deal Size 

CPQ and CRM integration helps manufacturers identify upselling and cross-selling opportunities by analyzing customer preferences, purchase history, and user interaction with the configurator. This analysis enables manufacturers to offer targeted recommendations, increasing deal sizes and improving customer satisfaction.

6. Strengthened Compliance and Governance 

Manufacturers can code industry regulations and internal policies into their configurators through product rules, ensuring all products and quotes adhere to guidelines. This reduces the risk of non-compliance, which can result in penalties and reputational damage. It can also avoid rework costs and minimize warranty claims.

7 . Effortless Scalability  

The manufacturing industry has been disrupted recently with fluctuating demand, soaring costs, and supply chain disturbance. The modern manufacturer has to be agile. They must ramp up production rapidly without compromising quality and protect themselves in downtime by reducing fixed costs.

Top CPQ solutions automate the most time-consuming steps in the engineer-to-order process, allowing manufacturers to expand their operations when times are good and scale back when times are bad–all without having to hire or lay off staff or invest in new software or infrastructure is unnecessary.

8. Greater Environmental Sustainability 

CPQ’s automation abilities drive greater consistency and accuracy, which reduces errors and waste. Poor configurations (often the fault of new hires) lead to wasted materials, energy, and carbon emissions. 

Top CPQ solutions help manufacturers reduce their environmental impact, leading to a more sustainable future. But it’s not just the environment that benefits. The business does too. Here’s how:

Governments are imposing stricter environmental regulations, especially around emissions. Failure to adhere can lead to fines and additional tax liabilities. By reducing their carbon footprint, manufacturers can get ahead of the game.

Attracting exceptional manufacturing talent has become increasingly challenging. The industry needs more qualified candidates, as younger generations are less drawn to manufacturing careers while the Baby Boomer majority approaches retirement. To stand out in this competitive labor market, manufacturers must prioritize sustainability. Working for a company committed to sustainability is paramount for the younger generation.

If you want to work with your industry's forward-thinking companies, you must prioritize sustainability. Companies want to partner with manufacturers that share their environmental values and can strengthen their reputation as sustainable businesses. 

Customers are prioritizing sustainability as well. As end customers turn away from unsustainable products, your green credentials could be a significant selling point and differentiator.

9. Boosted Engineering Efficiency 

Engineers are bogged down in transactional work. This is especially true of companies selling complex configurable products. The engineering team must produce drawings and CAD files whenever a sales rep needs a quote. This is incredibly dull, time-consuming, and frustrating because the configurations they receive from the sales team are often littered with errors and inconsistencies.

Fewer people talk about how top CPQ solutions make life easier for under-pressure engineering teams. Much of the focus on CPQ is on how these solutions improve sales performance and efficiency. For many manufacturers, however, the engineering impact is often their biggest win, leading to faster launches of higher quality, more innovative products.

Top CPQ solutions supercharge engineering efficiency in two ways:

The configurations that come down the pike from sales are guaranteed to be error-free–they’ve already been validated by the configurator using the engineering knowledge programmed into the system in the form of product rules. 

CPQ auto-generates CAD files for every configuration, saving a tremendous amount of time.

Freed from the drudgery of endless CAD creation, engineers can focus on more valuable tasks like designing better products that make their company more competitive and drive customer loyalty.

10. Higher Employee Satisfaction and Retention 

Eliminating repetitive work, letting employees focus on higher-value tasks, and empowering them to achieve their full potential is the only way to keep hold of your best and brightest employees in a fiercely competitive labor market.

The streamlining and automation of CPQ software make engineers more creative and sales reps more productive and engaged. Reps can focus on building customer relationships instead of struggling through complex configurations and pricing calculations. 

Connecting CPQ with your other back-office systems eliminates much of the mind-numbing back-and-forth that slows everything down and drives everyone nuts!

11. Faster Onboarding of New Hires 

Onboarding new hires is more complex and time-consuming than ever. Customers demand greater customization possibilities, which puts pressure on the sales and engineering teams. Moreover, products are becoming more technical, further steepening the learning curve.

Top CPQ solutions automate sales, getting new hires up to speed fast. They also have guided selling capabilities, which help sales reps or customers navigate the complex sales process by providing prompts and scripts that guide them through.

12. Streamlined Product Lifecycle Management 

Cutting-edge CPQ solutions enable manufacturers to introduce new products and retire obsolete ones seamlessly. The product catalog can be updated centrally, disseminating updates throughout the organization using configurators. 

Adding new product options is a breeze, facilitated by immersive 3D visuals that eliminate the need for cumbersome explanations and lengthy product descriptions. Manufacturers can swiftly adapt to evolving customer preferences, competitor dynamics, and changes in the broader economic landscape, ensuring maximum agility and competitiveness.

13. Simplified Adoption of Industry 4.0 Technologies 

Manufacturers with actual digital capabilities are incorporating multiple Industry 4.0 technologies into their tech stacks. Top CPQ solutions can ease the implementation and adoption of the most impactful of these technologies. Below are some examples.

Augmented Reality

Augmented reality has dramatically impacted the manufacturing industry with various use cases, including assembly, maintenance, training, QC, and compliance. Top CPQ solutions can easily incorporate augmented reality capabilities, enhancing customer engagement by providing interactive product demonstrations and enabling customers to visualize configurations in real-world situations.

Virtual Reality

Virtual reality has had less of an impact on the manufacturing industry to date, but it's currently undergoing a renaissance, with the necessary VR headsets becoming more accessible and affordable. VR configurators let customers configure and experience products in a virtual environment, identifying potential issues before production begins and changes become expensive. 

Mixed Reality

Mixed reality–a technology combining VR and AR elements–is set to be the next big wave in immersive tech. Apple CEO, Tim Cook, wants to build his legacy on his mixed-reality headset, with other B2B and B2C’s sure to follow suit. Cloud-based CPQs like Epicor CPQ can integrate seamlessly with upcoming mixed reality platforms using APIs, letting you get ahead of the competition.

Cloud Computing

Top CPQ solutions operate in the cloud, utilizing a SaaS (Software-as-a-Service) model to offer numerous advantages. These include:

Lower Up-Front Costs: You don’t need to invest in expensive hardware to run cloud-based CPQ solutions, which means they have lower up-front costs. The pay-as-you-go pricing model keeps costs more manageable and predictable.

Lower TCO: The total cost of ownership (TCO) of cloud CPQ is considerably lower than on-prem. The vendor manages and maintains your solution, updating and fixing bugs. For smaller companies with limited IT resources, this is a huge benefit.

Rapid Implementation: With no need for hardware installation, your business can be up and running instantly, reducing time to value.

Improved Scalability: Cloud CPQ solutions are easily scalable. You can expand or contract usage on demand and pay as you go.

Enhanced Security: Cloud CPQ solutions tend to be more secure as vendors invest in the latest and most advanced security measures, including data encryption and strict access controls. Automatic backups and disaster recovery protect your business in case of system failures, guaranteeing business continuity.

Accessibility: Cloud-based CPQ solutions are available in your browser, enabling employees to access the solution on-the-go through any internet-connected device.

Future-proof: Cloud-based CPQ solutions constantly evolve with new updates and features rolling out automatically. This helps you adapt to technology trends and provide your customers with cutting-edge digital experiences. Better integration with other cloud applications allows you to implement and integrate new solutions when they launch.

Additive Manufacturing

Top CPQ solutions can auto-generate additive manufacturing files and route them directly to 3D printers on the shop floor. This enables true end-to-end automation, whereby the customer configures a product remotely, places their order, and their product is manufactured immediately, all without a human touch.

14. Optimized Pricing for Maximum Margins 

CPQ solutions calculate prices in real-time (dynamic pricing), providing instant pricing feedback so buyers can make well-informed on-the-spot purchase decisions. But top CPQ solutions do more than calculate prices fast; they price them intelligently. 

Leading CPQ software can access material costs, shipping costs, labor rates, and competitor behavior into their quoted prices. This lets manufacturers adjust to market fluctuations, provide timely promotions, and maximize margins from every deal without sacrificing sales volume. 

The Bottom Line: CPQ Companies Provide So Much More

We all know CPQ for streamlining product configuration, pricing, and quotes. Only some people are aware of the benefits that lie beyond these core functions. These hidden advantages are equally powerful, from increasing environmental sustainability to boosting employee retention, product lifecycle management, and more. 

[dvtsa]

S4 Development Providers Software Development

Our APIs and micro companies architecture strive to face the take a look at of time. Our examples of remarkable work and success stories embody several well-known enterprises i.e. the construction scheduling software for Group 5. We developed a suite of internet purposes for the Landbank of South Africa. Star-Lo electrical remodeled their business with our work administration custom developed software application and the Epicor a custom KPI dashboard utility. APPSolve's proprietary software options empower our prospects to reply pro-actively to issues instead of reacting once problems turn into crucial. Our products supply efficiencies and produce about enhancements to functionalities.

Applications should be viewed as dynamic buildings that require iterative updates and administration to stay related as well as hold tempo with the evolving tech setting. As such, we encourage clients to tackle a support contract depending on their needs and internal groups capacity. Good code ensures simple, maintainable code that's simply understandable. This allows business devs to ship fast code wins, in addition to long run sustainability for future proof functions. So if you’re not yet making use of data in your small business, now might be the time to begin out.

In addition, since all kinds of workflow processes could be managed, you get all case management in one single system. Sure Mobile Apps are where it’s at right now, but we will additionally help you obtain success in different low-key mobile channels corresponding to QR Code development. When you need individual attention to specific areas of service delivery inside your service firm. We assist enterprises accelerate adoption of recent applied sciences, untangle advanced points that at all times emerge during digital transformation, and orchestrate ongoing innovation. All the managers’ workplaces already had fingerprint ID scanners for access to the office.

We also combine into numerous completely different methods utilizing internet services and APIs, which we either custom design or use existing technology. If you would possibly be nonetheless not sure whether or not a custom software resolution is the most suitable choice for your corporation, chat to a member of the Dotcom team, and we can give you some excellent advice. By creating custom software development your app with dgtl-fusion, you can be assured of professional end-to-end project management, a single supply of contact, leading development instruments and expertise. Our design group will also make certain your app looks skilled and adheres to your vision. Our app development pricing could be very competitive and you'll be assured of receiving the perfect worth in your funding.

There are not any useless parts and the software may even be constructed to be integrated into current software. S4 presents continual assist and there's even the option to make modifications afterward. If you’re trying to associate with a reliable, excessive integrity, high-quality custom software development home in a position to quickly prove a workable product on schedule, drop us a line. Off-the-shelf software is normally fairly complex as a result of it tries to supply a little little bit of every thing to everybody to appear more priceless.

Imagine having entry to custom software that meets all your particular needs, from accounting to advertising. These custom software options are designed, built and tailored completely to your exact specifications, not in contrast to using a tailor to create your personal bespoke swimsuit. Custom utility development encourages you to make custom development software use of technologies to address actual problems for your corporation needs. When you establish that custom-built software techniques are good for you and the method to introduce them, you'll have the ability to help promote and attain your company’s success.

We convey our huge understanding of different international approaches, cultures and technology necessities to our clients. Mobile Apps Our group of skilled app software builders create custom, high-quality, user-friendly and cost-effective cell functions for Android and iOS using React Native and Xamarin. Custom software development is the process of designing, developing and deployment of purely bespoke software or application for enterprise or enterprise with the help of our dedicated groups and numerous tech stacks. There are various components which contribute to the unique nature of most organizations corresponding to geographical points of presence, operational enterprise mannequin, the structure of the group, business type and more. This being the case, most organisations require software purposes and methods to find a way to function in an efficient manner.

[pannimanagementteam]

Inexpensive Sage X3 Erp Software For Production Management

Accrual future income during timesheet posting or offset salaries/wages. Paytelligence is a powerful, straightforward to use, bank card processing module developed to add electronic fee processing performance to Sage 300. The Orion Point of Sale System is a complicated, feature sage x3 fmcg rich, Point of Sale System that's tightly integrated to your accounting data. North American Payment Solutions is a number one bank card processor throughout Canada and the USA that focuses on out-of-the field ERP Integrated Payments.

Our solutions convert paper into manageable, electronic data with clear audit trails; giving companies centralized visibility and control of all their important business content. He also holds numerous certifications together with Sage Certified Consultant on Sage 500 ERP. Richard has over 25 years of practical experience sage x3 fmcg with a selection of information methods, project management, business consulting, enterprise application integration design and deployment. CPGs of all sizes will inform you the significance of ERP software program; a system that can manage backend operations.

ERP enterprise software program provides varied benefits that can improve business operations, similar to enhancing knowledge safety and quality, streamlining collaborations and workflows, bettering customer service and providing in-depth reporting. Compare ERP software methods immediately with our complete ERP comparison tool. Use our ERP comparison to search out, compare, and shortlist potential systems from high ERP vendors including Microsoft, SAP, Oracle, Sage, Epicor, Infor, Netsuite, and extra. Our ERP software program directory lists main ERP distributors based on features, enterprise dimension, industries they cater to, and pricing information which can be matched side-by-side using our ERP value comparison.

Also, due to its design, FMCG distributors and retail companies may relate to MS BC products greater than industrial distributors. For these reasons, Microsoft Dynamics 365 Business Central lands at #7 on our listing of the top 10 mid-sized business ERP in 2022. Munis by Tyler Technologies provides an end-to-end digital infrastructure for colleges and government companies by connecting data, individuals and processes. It addresses users’ public sector wants by managing core functions like revenue, payroll, procurement, HR and financials. It streamlines processes, avoids information duplication and breaks down knowledge silos.

Smart Hotel Software will manage the complete operations of the resort and go away you to do what you do best - the accounting. Sage companions are automatically entitled to free NFR copies of the Sage Alerts & Workflow software, and partners are provided with free training, demo, and webinar services. Sage Alerts & Workflow also comes with a free collection sage x3 fmcg of over 60 pre-configured alert situations – clients could use and tailor these, as well as create a vast variety of additional “events” of their very own. Sage 300 helps companies function more effectively and profitably through better control, tighter integration, and enhanced visibility.

As Incubeta launched on Acumatica, they reconfigured the know-how infrastructure and decommissioned many servers. Many of the ERP options they evaluated charged per seat, which made their licensing fees cost prohibitive for Incubeta, which employs 500 people. Acumatica’s ease of use, distinctive pricing model, and open API, plus the sturdy Gartner endorsement, made it a natural choice, Reuben says. As the acquisitions increased, executives realized the legacy methods couldn’t deal with the mounting transactions.

Sage Customer Service and strong ecosystem of Value-Added Resellers present with the assist they need to take advantage of their funding. Customers ought to anticipate not only to have great customer service, but lowered stock carrying prices, access to an intensive ISV ecosystem and strong WMS functionality. Xkzero makes a speciality of Direct Store Delivery automation, and now we offer that engineered specifically for Acumatica.

Meanwhile, as a commerce platform, the software will assist you to deliver frictionless, constant customer engagement throughout your on-line and offline channels. Microsoft Dynamics 365 presents a set of business applications you can cherry-pick individually or as a complete ERP that connects your corporation methods. Tangerine Software is a leading provider of World-Class Enterprise Resource Planning and Business Intelligence software solutions. They present to medium and large companies of Canada and U.S.A. ERP options which might be wealthy in integrated features, simple to use, fast to implement, and price efficient.

[eka-software-solutions]

How can the metals and mining industry streamline direct material procurement?

Direct material procurement is complicated, especially for the metals and mining industry. Mining companies often deal with fluctuating prices and intense competition in addition to being highly capital intensive. The involvement of multiple stakeholders as well as the presence of complex  material specifications add to the challenge.

Managing  supplier collaboration is further complicated due to inefficient collaboration and manual reconciliations. Both suppliers and buyers find themselves wasting precious hours interacting over emails, phone calls, and messages. Since most companies still work with siloed information in different processes across multiple systems, there is a lack of transparency. Manual status updates bring in errors and latency leading to incorrect decisions.

A global metal company involved in mining, exploration, smelting and metals recycling that we worked with is a great case in point. The company’s manual processes meant buyers were spending 15-20% of their time negotiating, setting prices, and answering queries on payments, schedules, invoices, shipments, etc. taking time away from exploring new suppliers and opportunities. Manual processes also delayed service requests, order requests, invoicing, shipments, and settlements.

Their suppliers used email for all operational activities such as providing contract details, GMR summaries, GMR details, assay details, and payment and invoice information. So, the company had to deal with data from 200,000 emails from business partners each year, often with errors. Assay exchange was managed manually too. The entire system was inefficient, time consuming and error prone.

Unfortunately, this is a fairly typical scenario where sourcing materials in concerned in the metals and mining industry.

Finding an intelligent solution

Addressing the challenges of managing a complex purchase process such as sourcing of direct materials for metals and mining industries requires a digital transformation of the sourcing and procurement process. An intelligent cloud-based e-sourcing solution can drastically simplify supplier collaboration, optimize purchase orders, management of tolling agreements, and simplify the weighing and sampling processes. Some considerations while choosing a solution:

1. Cloud-based and self service: Given that suppliers are generally geographically dispersed, a cloud-based platform enables suppliers to update data instantly from multiple locations using multiple devices in real time. Also, a simple and intuitive interface is key to enable a smooth supplier registration process and hassle-free data updation on a day-to-day basis.

2. Tailored for industry and application Given the complexities related to direct material procurement, the solution be tailored to needs of the industry. In the case of the metals and mining industry, for example, the ability to capture the components of concentrates as well as their quality and pricing methodologies is important. Similarly, the solution must account for weighing and sampling to determine the pricing based on the quality of the samples as compared of what contract. Assaying is another key process to incorporate – both identifying the components and impurities within the concentrates as well as third party validations in case of supplier-buyer disagreements.

3.  Ease of configuration and integration

The solution must allow for easy customization and configuration of new processes. Ease of integration with ERPs and open APIs to integrate with other systems like D365, Infor, NetSuite, EPICOR can help achieve truly seamless communication.

4.  Reporting capabilities for better visibility

Easily configurable dashboards for real time insights into processes and performance can be extremely valuable. Proactive reporting and analysis can enable deeper insights into the supplier performance and status of the contracts and shipments. Getting a 360-degree view of the purchase orders and the suppliers can offer powerful insights on supplier performance, ratings etc.

Digitalization brings apparent benefits

We’ve found that digitalization can typically bring savings of approximately 7.5% for the procurement department. By enabling suppliers to update information independently, transactional processing cost can reduce by up to 60%. Automation of accounts payables can reduce the team’s workload by as much as 30%. In addition, an intelligent solution can help optimize maverick spends, reducing spending by about 18%.

In the case of the global metal company that we referenced earlier, adopting an intelligent solution has enabled:

Greater efficiency: By enabling real-time analysis, calculation and publishing of price information, the solution helps address some inherent inefficiencies that exist with large, complex pricing strategies.

Autonomy for business partners: Business partners can update, upload or view documents and transaction histories (orders and balances). They can also conduct negotiations online, making it easier for them to do business with the company.

Faster communication: Since automation of processes decreases time spent communicating with suppliers, it eliminates the latency of information sharing and speeds up the entire process.

Ability to prioritize high value activities: Rather than chasing down information through multiple emails and phone calls, teams can focus on higher value activities such as evaluating new suppliers, better serving existing suppliers, and improving contracts.

Real-time collaboration: Since the company and its suppliers have a single, shared view of information, including alerts and notifications when disruptions occur, inter-company interactions are simplified. They can negotiate in real time, working through contracts and pricing instantly instead of waiting hours or days for return phone calls or emails.

Sourcing and procuring direct material is intrinsically a complex process, especially in metals and mining, given the specific nuances of operating in these industries. An intelligent solution that can provide a 360-degree insights, connect data, and automate manual processes for a timely and unified view is valuable.

[afroavocadowitch]

News reports and important posts on POS System Equipment and POS.

ERP, short for Enterprise Resource Planning, has become so popular and has been considered a comprehensive solution with numerous benefits. But you may be concerned with the word “Enterprise”, is it for your business? The truth is, regardless of your business size, integrating ERP with your Magento website is a wise decision that will save you money and time in the long run. As so many ERP systems available on the market can make you overwhelmed and unable to decide, we have selected a list of top 7 Magento ERP integrations for your reference. Let’s find the perfect solution for your business.

What are ERP integrations?

How Magento integrates with ERP

Top 7 Magento ERP integrations

Oracle ERP Cloud

Sage ERP

Microsoft Dynamics NAV

SAP Business One

NetSuite

Epicor

JD Edwards

How to determine Magento ERP integration

Can Magento be an eCommerce ERP?

Conclusion

What are ERP integrations?

As you may know, ERP is defined as a solution that covers all operational processes of a business, including:

Supply chain management

Product planning

Procurement

Manufacturing

Sales and marketing

Customer relationship management

Finance and accounting

Risk management

Project management

It centralizes all information of those processes into a single database. ERP integration, physically speaking, is the activity that connects those separate business applications in a unified ERP. At the data level, it connects data from different business processes to create a single source of truth.

How Magento integrates with ERP

If working separately, ERP systems will handle supply chain management, purchasing, inventory management, and invoicing, while Magento deals with the product cycle of online retail. The Magento ERP integration will create inter-communication for you to synchronize data between your ERP system and Magento, providing real-time status and updates. The synchronized data includes customers, order details, products, and categories.

By integrating your Magento website to an ERP solution, it becomes your eCommerce ERP integration that helps you:

Record, manage, and share eCommerce data with the integrated ERP solution for better insights and productivity

Eliminate duplication for data integrity

Automate online and offline business processes for effectiveness

Reduce administrative and operational costs for higher revenue

Store data at a higher level of security

To do that, Magento offers a wide variety of flexible APIs (Application Programming Interface) to connect with most of the best popular ERP solutions, which can integrate perfectly no matter if your ERP system is customized or not. Using the API as a connection is like building a two-way street:

Build a Magento extension

Connect to the ERP via the API of that Magento extension

Pull product data and push orders, customers details from Magento into ERP

Then build an ERP extension

Connect to Magento via the API of that extension

Push product data and pull orders, customers details from the ERP back to Magento

The touchpoints of Magento ERP integration usually include product categories, category navigation, customer accounts, price lists, orders, shipments, and invoices, but can be different based on business type:

Main touchpoints of Magento ERP integration for B2C websites:

Sales orders

Inventory

Status updates

Tracking numbers

Main touchpoints of Magento ERP integration for B2B websites:

Customers records

Pricing

Terms

Invoices

Statements

Based on these main touchpoints, the overall design features can go from complex to simple. Some ERP solutions are designed to be suitable for all kinds of SMEs while others only focus on a specific business size.

As a decision maker of your business, you may have a Magento website and need to select an ERP solution. It’s time to look at the top 7 ERP solutions that can integrate with Magento.

Top 7 Magento ERP integrations

1. Magento integration with Oracle ERP Cloud

Oracle is one of the leading giants in the field of data systems, standing as the second-largest software company in 2020. Oracle ERP Cloud is one part of the Oracle E-Business Suite. Depending on your business demand, you can select only this ERP application or the whole suite because each component has a separate license. Most leading companies in the world are using Oracle to securely keep data and automate their routine processes to help reduce costs and increase efficiency.

Type: cloud-based

Number of customers: 31,500 companies

Recommended business size: 1000–5000 employees and over $1,000M in annual revenue

Key ERP features:

Financials

Project management

Procurement

Risk management and compliance

Enterprise performance management (EPM)

Supply chain and manufacturing

ERP analytics

Key points of Magento ERP integration with Oracle ERP Cloud:

Eliminate data redundancy and duplication

Exchange data automatically from Magento into Oracle ERP and vice versa

Transfer information in real time and high security

Synchronize new orders automatically

Synchronize all updates bi-directionally

2. Magento integration with Sage ERP

Sage is a British software company based in Newcastle and a multinational enterprise. Sage ERP solutions have strong points on intelligence monitoring threats and frequent update patches providing advanced protection of critical data. It’s a fully integrated system of accounting and finances, manufacturing, and distribution needs. All business operations can be performed easily and quickly with it.

Type: cloud-based

Number of customers: 27,735 companies

Recommended business size: 1000–5000 employees and $10M–50M in annual revenue

Key ERP features:

Accounting and finance

Mobile access

Purchasing and supplier management

Project and vendor management

Inventory and warehousing

Human resource management and payroll integration

Sales, marketing, and customer service

Business intelligence (BI) and reporting

Multi currency and bank feeds

Key points of Magento ERP integration with Sage is pushing and pulling data, including:

Sales order

Status update

Product details

Inventory details

Customer information

Payments and shipping

3. Magento integration with Microsoft Dynamics NAV

Microsoft Dynamics NAV, now known as Dynamics 365 Business Central, is a global ERP solution designed for medium and small scale eCommerce. It provides higher control over simplifying manufacturing, financial entries, operation, and supply chain. Another big advantage of this solution is its short deployment time, user-friendliness, and ease of use.

Also, Dynamics 365 Business Central gathers all data, documents, business applications, and devices to optimize the results of your eCommerce retail. It’s famous for the flexibility to deploy in the cloud or on-premises with Business Central.

Type: both cloud-based and on-premise

Number of customers: 110,000 companies

Recommended business size: 50–200 employees and 1M–10M dollars in annual revenue

Key ERP features:

Finance management

Sales and marketing

Sales and delivery

Purchasing and payables

Inventory

Supply planning and availability

Project management

Service management

Warehouse management

Manufacturing

Key points of Magento ERP integration with Microsoft Dynamics NAV:

Manage cash, assets, and banking

Track and manage production, inventory, orders, and vendors

Manage campaigns, sales opportunities, contacts, and service contracts

Track real-time visibility and analytics for insightful performance

Create estimates, track projects, and manage capacity

4. Magento integration with SAP Business One

SAP Business One is the most useful ERP solution for large and medium businesses. It’s the marketing leader when you are looking for an ERP integration solution for your online business for fast deployment. It can help you with various processes like accounting, logistics, human resources, business warehouse, and intelligent analysis with Integrated Business Intelligence (BI).

Type: cloud-based

Number of customers: 60,000 companies

Recommended business size: 10–200 employees and $1M–$50M in annual revenue

Key ERP features:

Data analysis and reporting

Customer relationship management

Accounting

Tracking and visibility

Human resource management

Financial management

Sales and customer management

Inventory and production functionality

Purchasing

Key points of Magento ERP integration with SAP:

Export orders from Magento platform to SAP ERP

Customer import from SAP ERP to Magento platform

Import promotional pricing, catalog, inventory from SAP into Magento

Automate accurate financial entry, auto update of order status, real-time stock sync to avoid no-stock scenario

Process orders quickly to save valuable time

Reduce manual effort

Increase online sales and boost traffic

5. Magento integration with NetSuite

NetSuite ERP is widely used by eCommerce businesses along with Magento’s scalability and flexibility. Integrating your Magento eCommerce store with NetSuite ERP gives you the right tools to speed up your online business, including customer data and real-time reports so you can make smarter decisions and increase profits.

Type: cloud-based

Number of customers: 24,000 companies

Recommended business size: 10–50 employees and $1M–10M in annual revenue

Key ERP features:

Supply chain intelligence

Flexible payment acceptance

Integrated process workflow

Gross requirements inquiry

Incentive compensation management

Key points of Magento ERP integration with Sage:

Manage product data in NetSuite to update in Magento

Synchronize order data flows and customer from Magento to NetSuite

Pass shipments in NetSuite back to Magento

Ensure queuing system in Magento side without waiting for NetSuite to accept the data

6. Magento integration with Epicor

Epicor is a modern ERP solution that you can integrate with Magento, providing agility and flexibility to make smart decisions. Its highest aim is to improve customer responsiveness, streamline processes, and reduce costs.

Type: both cloud-based and on-premises

Number of customers: 7,591 companies

Recommended business size: 50–200 employees and $10M–50M in annual revenue

Key ERP features:

Financials

Human resources

Manufacturing management

Inventory management

Purchasing management

Quality management

Sales management

Key points of Magento ERP integration with Epicor:

Inbound cash receipts and sales order in Epicor

Inbound shipment creation, inbound customer, inventory and inbound products update at Magento

Sales order and Cash receipts in Epicor

Shipment creates, customer, inventory update, and product update

Consolidated invoice, outbound inventory, customer export, outbound product, outbound posed invoice, shipment export, and outbound sales order in Epicor ERP

7. Magento integration with JD Edwards

JD Edwards is a division of Oracle. The ERP solution’s full name is Oracle JD Edwards EnterpriseOne, which is suitable for all business fields of SMEs such as consumer goods, finance, human resources, manufacturing, and distribution.

Type: both cloud-based and on-premises

Number of customers: 17,158 companies

Recommended business size: 50–200 employees and $10M–50M in annual revenue

Key ERP features:

Asset lifecycle management (ALM)

Financial management

Human capital management

Project management

Order management

Manufacturing management

Key points of Magento ERP integration with JD Edwards:

Sync address books and update shipment between two systems

Sync taxes information from Oracle JD Edwards to Magento in real time

Update real time inventory and pricing between two systems

Pass orders and customers information from Magento to Oracle JD Edwards

Display all offline or online orders to see full order history on the Magento

Allow viewing receivable balances and making smart purchases

How to determine Magento ERP integration

After you have understood the methods and options for integrating ERP software with Magento, you’ll probably think about how to choose the most suitable ERP. There are some criteria we suggest to consider, such as:

Your business size

Magento version of your site (Open Source or Commerce)

Your types of data:

Determine all Magento data points that the ERP solution will need to accept

Match the data to correspond to fields in Magento and the ERP solution

Understand the frequency of data transactions (real-time, multiple times per day, nightly batch)

Determine where the data will be placed

Features of the ERP solution you intend to adopt and the Magento ERP integration method. For example, an ERP system can handle fulfillment operations to process your orders and shipping data so it’s recommended to check the compatibility before making a choice. Or whether you have offline stores, electronic data interchange (EDI) sales or other wholesale operations, or manufacture.

Can Magento be an eCommerce ERP?

After reading about connecting Magento and ERP functions, many merchants will ask a common question: Can Magento be an eCommerce ERP?

Magento is an open source eCommerce platform with high flexibility. Magento itself already covers basic operational features such as management for your customers, products, orders, shipping, and payments. Some Magento ERP even offer the ability to manage business processes such as product distribution and suppliers.

In other words, combining additional Magento extensions or using Magento omnichannel solutions can turn your Magento into a centralized ERP for retailers. They can help to expand Magento’s powerful capabilities to track all your business activities and boost your daily productivity.

Conclusion

Integrating ERP with Magento is possible and can bring many benefits to the eCommerce business. However, it will take huge financial resources and time to implement, so it is necessary to determine the strengths and weaknesses of the current solution, define the requirements of your business, list the criteria, and go with trusted providers.

Magento ERP integration can put you ahead in the race so it’s a worthy investment. The sooner you decide, the more you’ll save in the future.

Get a Free Business Consultation

The post Top 7 Magento ERP integrations (2021) appeared first on World’s #1 POS for Magento.

This post was first published here.

I hope that you found the above of help and/or interesting. Similar content can be found on our blog here: northtxpointofsale.com Let me have your feedback below in the comments section. Let us know what topics we should write about for you in the future.

[afriendlypokealien]

News reports and important posts on POS System Equipment and POS.

ERP, short for Enterprise Resource Planning, has become so popular and has been considered a comprehensive solution with numerous benefits. But you may be concerned with the word “Enterprise”, is it for your business? The truth is, regardless of your business size, integrating ERP with your Magento website is a wise decision that will save you money and time in the long run. As so many ERP systems available on the market can make you overwhelmed and unable to decide, we have selected a list of top 7 Magento ERP integrations for your reference. Let’s find the perfect solution for your business.

What are ERP integrations?

How Magento integrates with ERP

Top 7 Magento ERP integrations

Oracle ERP Cloud

Sage ERP

Microsoft Dynamics NAV

SAP Business One

NetSuite

Epicor

JD Edwards

How to determine Magento ERP integration

Can Magento be an eCommerce ERP?

Conclusion

What are ERP integrations?

As you may know, ERP is defined as a solution that covers all operational processes of a business, including:

Supply chain management

Product planning

Procurement

Manufacturing

Sales and marketing

Customer relationship management

Finance and accounting

Risk management

Project management

It centralizes all information of those processes into a single database. ERP integration, physically speaking, is the activity that connects those separate business applications in a unified ERP. At the data level, it connects data from different business processes to create a single source of truth.

How Magento integrates with ERP

If working separately, ERP systems will handle supply chain management, purchasing, inventory management, and invoicing, while Magento deals with the product cycle of online retail. The Magento ERP integration will create inter-communication for you to synchronize data between your ERP system and Magento, providing real-time status and updates. The synchronized data includes customers, order details, products, and categories.

By integrating your Magento website to an ERP solution, it becomes your eCommerce ERP integration that helps you:

Record, manage, and share eCommerce data with the integrated ERP solution for better insights and productivity

Eliminate duplication for data integrity

Automate online and offline business processes for effectiveness

Reduce administrative and operational costs for higher revenue

Store data at a higher level of security

To do that, Magento offers a wide variety of flexible APIs (Application Programming Interface) to connect with most of the best popular ERP solutions, which can integrate perfectly no matter if your ERP system is customized or not. Using the API as a connection is like building a two-way street:

Build a Magento extension

Connect to the ERP via the API of that Magento extension

Pull product data and push orders, customers details from Magento into ERP

Then build an ERP extension

Connect to Magento via the API of that extension

Push product data and pull orders, customers details from the ERP back to Magento

The touchpoints of Magento ERP integration usually include product categories, category navigation, customer accounts, price lists, orders, shipments, and invoices, but can be different based on business type:

Main touchpoints of Magento ERP integration for B2C websites:

Sales orders

Inventory

Status updates

Tracking numbers

Main touchpoints of Magento ERP integration for B2B websites:

Customers records

Pricing

Terms

Invoices

Statements

Based on these main touchpoints, the overall design features can go from complex to simple. Some ERP solutions are designed to be suitable for all kinds of SMEs while others only focus on a specific business size.

As a decision maker of your business, you may have a Magento website and need to select an ERP solution. It’s time to look at the top 7 ERP solutions that can integrate with Magento.

Top 7 Magento ERP integrations

1. Magento integration with Oracle ERP Cloud

Oracle is one of the leading giants in the field of data systems, standing as the second-largest software company in 2020. Oracle ERP Cloud is one part of the Oracle E-Business Suite. Depending on your business demand, you can select only this ERP application or the whole suite because each component has a separate license. Most leading companies in the world are using Oracle to securely keep data and automate their routine processes to help reduce costs and increase efficiency.

Type: cloud-based

Number of customers: 31,500 companies

Recommended business size: 1000–5000 employees and over $1,000M in annual revenue

Key ERP features:

Financials

Project management

Procurement

Risk management and compliance

Enterprise performance management (EPM)

Supply chain and manufacturing

ERP analytics

Key points of Magento ERP integration with Oracle ERP Cloud:

Eliminate data redundancy and duplication

Exchange data automatically from Magento into Oracle ERP and vice versa

Transfer information in real time and high security

Synchronize new orders automatically

Synchronize all updates bi-directionally

2. Magento integration with Sage ERP

Sage is a British software company based in Newcastle and a multinational enterprise. Sage ERP solutions have strong points on intelligence monitoring threats and frequent update patches providing advanced protection of critical data. It’s a fully integrated system of accounting and finances, manufacturing, and distribution needs. All business operations can be performed easily and quickly with it.

Type: cloud-based

Number of customers: 27,735 companies

Recommended business size: 1000–5000 employees and $10M–50M in annual revenue

Key ERP features:

Accounting and finance

Mobile access

Purchasing and supplier management

Project and vendor management

Inventory and warehousing

Human resource management and payroll integration

Sales, marketing, and customer service

Business intelligence (BI) and reporting

Multi currency and bank feeds

Key points of Magento ERP integration with Sage is pushing and pulling data, including:

Sales order

Status update

Product details

Inventory details

Customer information

Payments and shipping

3. Magento integration with Microsoft Dynamics NAV

Microsoft Dynamics NAV, now known as Dynamics 365 Business Central, is a global ERP solution designed for medium and small scale eCommerce. It provides higher control over simplifying manufacturing, financial entries, operation, and supply chain. Another big advantage of this solution is its short deployment time, user-friendliness, and ease of use.

Also, Dynamics 365 Business Central gathers all data, documents, business applications, and devices to optimize the results of your eCommerce retail. It’s famous for the flexibility to deploy in the cloud or on-premises with Business Central.

Type: both cloud-based and on-premise

Number of customers: 110,000 companies

Recommended business size: 50–200 employees and 1M–10M dollars in annual revenue

Key ERP features:

Finance management

Sales and marketing

Sales and delivery

Purchasing and payables

Inventory

Supply planning and availability

Project management

Service management

Warehouse management

Manufacturing

Key points of Magento ERP integration with Microsoft Dynamics NAV:

Manage cash, assets, and banking

Track and manage production, inventory, orders, and vendors

Manage campaigns, sales opportunities, contacts, and service contracts

Track real-time visibility and analytics for insightful performance

Create estimates, track projects, and manage capacity

4. Magento integration with SAP Business One

SAP Business One is the most useful ERP solution for large and medium businesses. It’s the marketing leader when you are looking for an ERP integration solution for your online business for fast deployment. It can help you with various processes like accounting, logistics, human resources, business warehouse, and intelligent analysis with Integrated Business Intelligence (BI).

Type: cloud-based

Number of customers: 60,000 companies

Recommended business size: 10–200 employees and $1M–$50M in annual revenue

Key ERP features:

Data analysis and reporting

Customer relationship management

Accounting

Tracking and visibility

Human resource management

Financial management

Sales and customer management

Inventory and production functionality

Purchasing

Key points of Magento ERP integration with SAP:

Export orders from Magento platform to SAP ERP

Customer import from SAP ERP to Magento platform

Import promotional pricing, catalog, inventory from SAP into Magento

Automate accurate financial entry, auto update of order status, real-time stock sync to avoid no-stock scenario

Process orders quickly to save valuable time

Reduce manual effort

Increase online sales and boost traffic

5. Magento integration with NetSuite

NetSuite ERP is widely used by eCommerce businesses along with Magento’s scalability and flexibility. Integrating your Magento eCommerce store with NetSuite ERP gives you the right tools to speed up your online business, including customer data and real-time reports so you can make smarter decisions and increase profits.

Type: cloud-based

Number of customers: 24,000 companies

Recommended business size: 10–50 employees and $1M–10M in annual revenue

Key ERP features:

Supply chain intelligence

Flexible payment acceptance

Integrated process workflow

Gross requirements inquiry

Incentive compensation management

Key points of Magento ERP integration with Sage:

Manage product data in NetSuite to update in Magento

Synchronize order data flows and customer from Magento to NetSuite

Pass shipments in NetSuite back to Magento

Ensure queuing system in Magento side without waiting for NetSuite to accept the data

6. Magento integration with Epicor

Epicor is a modern ERP solution that you can integrate with Magento, providing agility and flexibility to make smart decisions. Its highest aim is to improve customer responsiveness, streamline processes, and reduce costs.

Type: both cloud-based and on-premises

Number of customers: 7,591 companies

Recommended business size: 50–200 employees and $10M–50M in annual revenue

Key ERP features:

Financials

Human resources

Manufacturing management

Inventory management

Purchasing management

Quality management

Sales management

Key points of Magento ERP integration with Epicor:

Inbound cash receipts and sales order in Epicor

Inbound shipment creation, inbound customer, inventory and inbound products update at Magento

Sales order and Cash receipts in Epicor

Shipment creates, customer, inventory update, and product update

Consolidated invoice, outbound inventory, customer export, outbound product, outbound posed invoice, shipment export, and outbound sales order in Epicor ERP

7. Magento integration with JD Edwards

JD Edwards is a division of Oracle. The ERP solution’s full name is Oracle JD Edwards EnterpriseOne, which is suitable for all business fields of SMEs such as consumer goods, finance, human resources, manufacturing, and distribution.

Type: both cloud-based and on-premises

Number of customers: 17,158 companies

Recommended business size: 50–200 employees and $10M–50M in annual revenue

Key ERP features:

Asset lifecycle management (ALM)

Financial management

Human capital management

Project management

Order management

Manufacturing management

Key points of Magento ERP integration with JD Edwards:

Sync address books and update shipment between two systems

Sync taxes information from Oracle JD Edwards to Magento in real time

Update real time inventory and pricing between two systems

Pass orders and customers information from Magento to Oracle JD Edwards

Display all offline or online orders to see full order history on the Magento

Allow viewing receivable balances and making smart purchases

How to determine Magento ERP integration

After you have understood the methods and options for integrating ERP software with Magento, you’ll probably think about how to choose the most suitable ERP. There are some criteria we suggest to consider, such as:

Your business size

Magento version of your site (Open Source or Commerce)

Your types of data:

Determine all Magento data points that the ERP solution will need to accept

Match the data to correspond to fields in Magento and the ERP solution

Understand the frequency of data transactions (real-time, multiple times per day, nightly batch)

Determine where the data will be placed

Features of the ERP solution you intend to adopt and the Magento ERP integration method. For example, an ERP system can handle fulfillment operations to process your orders and shipping data so it’s recommended to check the compatibility before making a choice. Or whether you have offline stores, electronic data interchange (EDI) sales or other wholesale operations, or manufacture.

Can Magento be an eCommerce ERP?

After reading about connecting Magento and ERP functions, many merchants will ask a common question: Can Magento be an eCommerce ERP?

Magento is an open source eCommerce platform with high flexibility. Magento itself already covers basic operational features such as management for your customers, products, orders, shipping, and payments. Some Magento ERP even offer the ability to manage business processes such as product distribution and suppliers.

In other words, combining additional Magento extensions or using Magento omnichannel solutions can turn your Magento into a centralized ERP for retailers. They can help to expand Magento’s powerful capabilities to track all your business activities and boost your daily productivity.

Conclusion

Integrating ERP with Magento is possible and can bring many benefits to the eCommerce business. However, it will take huge financial resources and time to implement, so it is necessary to determine the strengths and weaknesses of the current solution, define the requirements of your business, list the criteria, and go with trusted providers.

Magento ERP integration can put you ahead in the race so it’s a worthy investment. The sooner you decide, the more you’ll save in the future.

Get a Free Business Consultation

The post Top 7 Magento ERP integrations (2021) appeared first on World’s #1 POS for Magento.

This post was first published here.

I hope that you found the above of help and/or interesting. Similar content can be found on our blog here: northtxpointofsale.com Let me have your feedback below in the comments section. Let us know what topics we should write about for you in the future.

[afrolatinxsunited]

News reports and important posts on POS System Equipment and POS.

ERP, short for Enterprise Resource Planning, has become so popular and has been considered a comprehensive solution with numerous benefits. But you may be concerned with the word “Enterprise”, is it for your business? The truth is, regardless of your business size, integrating ERP with your Magento website is a wise decision that will save you money and time in the long run. As so many ERP systems available on the market can make you overwhelmed and unable to decide, we have selected a list of top 7 Magento ERP integrations for your reference. Let’s find the perfect solution for your business.

What are ERP integrations?

How Magento integrates with ERP

Top 7 Magento ERP integrations

Oracle ERP Cloud

Sage ERP

Microsoft Dynamics NAV

SAP Business One

NetSuite

Epicor

JD Edwards

How to determine Magento ERP integration

Can Magento be an eCommerce ERP?

Conclusion

What are ERP integrations?

As you may know, ERP is defined as a solution that covers all operational processes of a business, including:

Supply chain management

Product planning

Procurement

Manufacturing

Sales and marketing

Customer relationship management

Finance and accounting

Risk management

Project management

It centralizes all information of those processes into a single database. ERP integration, physically speaking, is the activity that connects those separate business applications in a unified ERP. At the data level, it connects data from different business processes to create a single source of truth.

How Magento integrates with ERP

If working separately, ERP systems will handle supply chain management, purchasing, inventory management, and invoicing, while Magento deals with the product cycle of online retail. The Magento ERP integration will create inter-communication for you to synchronize data between your ERP system and Magento, providing real-time status and updates. The synchronized data includes customers, order details, products, and categories.

By integrating your Magento website to an ERP solution, it becomes your eCommerce ERP integration that helps you:

Record, manage, and share eCommerce data with the integrated ERP solution for better insights and productivity

Eliminate duplication for data integrity

Automate online and offline business processes for effectiveness

Reduce administrative and operational costs for higher revenue

Store data at a higher level of security

To do that, Magento offers a wide variety of flexible APIs (Application Programming Interface) to connect with most of the best popular ERP solutions, which can integrate perfectly no matter if your ERP system is customized or not. Using the API as a connection is like building a two-way street:

Build a Magento extension

Connect to the ERP via the API of that Magento extension

Pull product data and push orders, customers details from Magento into ERP

Then build an ERP extension

Connect to Magento via the API of that extension

Push product data and pull orders, customers details from the ERP back to Magento

The touchpoints of Magento ERP integration usually include product categories, category navigation, customer accounts, price lists, orders, shipments, and invoices, but can be different based on business type:

Main touchpoints of Magento ERP integration for B2C websites:

Sales orders

Inventory

Status updates

Tracking numbers

Main touchpoints of Magento ERP integration for B2B websites:

Customers records

Pricing

Terms

Invoices

Statements

Based on these main touchpoints, the overall design features can go from complex to simple. Some ERP solutions are designed to be suitable for all kinds of SMEs while others only focus on a specific business size.

As a decision maker of your business, you may have a Magento website and need to select an ERP solution. It’s time to look at the top 7 ERP solutions that can integrate with Magento.

Top 7 Magento ERP integrations

1. Magento integration with Oracle ERP Cloud

Oracle is one of the leading giants in the field of data systems, standing as the second-largest software company in 2020. Oracle ERP Cloud is one part of the Oracle E-Business Suite. Depending on your business demand, you can select only this ERP application or the whole suite because each component has a separate license. Most leading companies in the world are using Oracle to securely keep data and automate their routine processes to help reduce costs and increase efficiency.

Type: cloud-based

Number of customers: 31,500 companies

Recommended business size: 1000–5000 employees and over $1,000M in annual revenue

Key ERP features:

Financials

Project management

Procurement

Risk management and compliance

Enterprise performance management (EPM)

Supply chain and manufacturing

ERP analytics

Key points of Magento ERP integration with Oracle ERP Cloud:

Eliminate data redundancy and duplication

Exchange data automatically from Magento into Oracle ERP and vice versa

Transfer information in real time and high security

Synchronize new orders automatically

Synchronize all updates bi-directionally

2. Magento integration with Sage ERP

Sage is a British software company based in Newcastle and a multinational enterprise. Sage ERP solutions have strong points on intelligence monitoring threats and frequent update patches providing advanced protection of critical data. It’s a fully integrated system of accounting and finances, manufacturing, and distribution needs. All business operations can be performed easily and quickly with it.

Type: cloud-based

Number of customers: 27,735 companies

Recommended business size: 1000–5000 employees and $10M–50M in annual revenue

Key ERP features:

Accounting and finance

Mobile access

Purchasing and supplier management

Project and vendor management

Inventory and warehousing

Human resource management and payroll integration

Sales, marketing, and customer service

Business intelligence (BI) and reporting

Multi currency and bank feeds

Key points of Magento ERP integration with Sage is pushing and pulling data, including:

Sales order

Status update

Product details

Inventory details

Customer information

Payments and shipping

3. Magento integration with Microsoft Dynamics NAV

Microsoft Dynamics NAV, now known as Dynamics 365 Business Central, is a global ERP solution designed for medium and small scale eCommerce. It provides higher control over simplifying manufacturing, financial entries, operation, and supply chain. Another big advantage of this solution is its short deployment time, user-friendliness, and ease of use.

Also, Dynamics 365 Business Central gathers all data, documents, business applications, and devices to optimize the results of your eCommerce retail. It’s famous for the flexibility to deploy in the cloud or on-premises with Business Central.

Type: both cloud-based and on-premise

Number of customers: 110,000 companies

Recommended business size: 50–200 employees and 1M–10M dollars in annual revenue

Key ERP features:

Finance management

Sales and marketing

Sales and delivery

Purchasing and payables

Inventory

Supply planning and availability

Project management

Service management

Warehouse management

Manufacturing

Key points of Magento ERP integration with Microsoft Dynamics NAV:

Manage cash, assets, and banking

Track and manage production, inventory, orders, and vendors

Manage campaigns, sales opportunities, contacts, and service contracts

Track real-time visibility and analytics for insightful performance

Create estimates, track projects, and manage capacity

4. Magento integration with SAP Business One

SAP Business One is the most useful ERP solution for large and medium businesses. It’s the marketing leader when you are looking for an ERP integration solution for your online business for fast deployment. It can help you with various processes like accounting, logistics, human resources, business warehouse, and intelligent analysis with Integrated Business Intelligence (BI).

Type: cloud-based

Number of customers: 60,000 companies

Recommended business size: 10–200 employees and $1M–$50M in annual revenue

Key ERP features:

Data analysis and reporting

Customer relationship management

Accounting

Tracking and visibility

Human resource management

Financial management

Sales and customer management

Inventory and production functionality

Purchasing

Key points of Magento ERP integration with SAP:

Export orders from Magento platform to SAP ERP

Customer import from SAP ERP to Magento platform

Import promotional pricing, catalog, inventory from SAP into Magento

Automate accurate financial entry, auto update of order status, real-time stock sync to avoid no-stock scenario

Process orders quickly to save valuable time

Reduce manual effort

Increase online sales and boost traffic

5. Magento integration with NetSuite

NetSuite ERP is widely used by eCommerce businesses along with Magento’s scalability and flexibility. Integrating your Magento eCommerce store with NetSuite ERP gives you the right tools to speed up your online business, including customer data and real-time reports so you can make smarter decisions and increase profits.

Type: cloud-based

Number of customers: 24,000 companies

Recommended business size: 10–50 employees and $1M–10M in annual revenue

Key ERP features:

Supply chain intelligence

Flexible payment acceptance

Integrated process workflow

Gross requirements inquiry

Incentive compensation management

Key points of Magento ERP integration with Sage:

Manage product data in NetSuite to update in Magento

Synchronize order data flows and customer from Magento to NetSuite

Pass shipments in NetSuite back to Magento

Ensure queuing system in Magento side without waiting for NetSuite to accept the data

6. Magento integration with Epicor

Epicor is a modern ERP solution that you can integrate with Magento, providing agility and flexibility to make smart decisions. Its highest aim is to improve customer responsiveness, streamline processes, and reduce costs.

Type: both cloud-based and on-premises

Number of customers: 7,591 companies

Recommended business size: 50–200 employees and $10M–50M in annual revenue

Key ERP features:

Financials

Human resources

Manufacturing management

Inventory management

Purchasing management

Quality management

Sales management

Key points of Magento ERP integration with Epicor:

Inbound cash receipts and sales order in Epicor

Inbound shipment creation, inbound customer, inventory and inbound products update at Magento

Sales order and Cash receipts in Epicor

Shipment creates, customer, inventory update, and product update

Consolidated invoice, outbound inventory, customer export, outbound product, outbound posed invoice, shipment export, and outbound sales order in Epicor ERP

7. Magento integration with JD Edwards

JD Edwards is a division of Oracle. The ERP solution’s full name is Oracle JD Edwards EnterpriseOne, which is suitable for all business fields of SMEs such as consumer goods, finance, human resources, manufacturing, and distribution.

Type: both cloud-based and on-premises

Number of customers: 17,158 companies

Recommended business size: 50–200 employees and $10M–50M in annual revenue

Key ERP features:

Asset lifecycle management (ALM)

Financial management

Human capital management

Project management

Order management

Manufacturing management

Key points of Magento ERP integration with JD Edwards:

Sync address books and update shipment between two systems

Sync taxes information from Oracle JD Edwards to Magento in real time

Update real time inventory and pricing between two systems

Pass orders and customers information from Magento to Oracle JD Edwards

Display all offline or online orders to see full order history on the Magento

Allow viewing receivable balances and making smart purchases

How to determine Magento ERP integration

After you have understood the methods and options for integrating ERP software with Magento, you’ll probably think about how to choose the most suitable ERP. There are some criteria we suggest to consider, such as:

Your business size

Magento version of your site (Open Source or Commerce)

Your types of data:

Determine all Magento data points that the ERP solution will need to accept

Match the data to correspond to fields in Magento and the ERP solution

Understand the frequency of data transactions (real-time, multiple times per day, nightly batch)

Determine where the data will be placed

Features of the ERP solution you intend to adopt and the Magento ERP integration method. For example, an ERP system can handle fulfillment operations to process your orders and shipping data so it’s recommended to check the compatibility before making a choice. Or whether you have offline stores, electronic data interchange (EDI) sales or other wholesale operations, or manufacture.

Can Magento be an eCommerce ERP?

After reading about connecting Magento and ERP functions, many merchants will ask a common question: Can Magento be an eCommerce ERP?

Magento is an open source eCommerce platform with high flexibility. Magento itself already covers basic operational features such as management for your customers, products, orders, shipping, and payments. Some Magento ERP even offer the ability to manage business processes such as product distribution and suppliers.

In other words, combining additional Magento extensions or using Magento omnichannel solutions can turn your Magento into a centralized ERP for retailers. They can help to expand Magento’s powerful capabilities to track all your business activities and boost your daily productivity.

Conclusion

Integrating ERP with Magento is possible and can bring many benefits to the eCommerce business. However, it will take huge financial resources and time to implement, so it is necessary to determine the strengths and weaknesses of the current solution, define the requirements of your business, list the criteria, and go with trusted providers.

Magento ERP integration can put you ahead in the race so it’s a worthy investment. The sooner you decide, the more you’ll save in the future.

Get a Free Business Consultation

The post Top 7 Magento ERP integrations (2021) appeared first on World’s #1 POS for Magento.

This post was first published here.

I hope that you found the above of help and/or interesting. Similar content can be found on our blog here: northtxpointofsale.com Let me have your feedback below in the comments section. Let us know what topics we should write about for you in the future.

[pezonesnegros]

News reports and important posts on POS System Equipment and POS.

ERP, short for Enterprise Resource Planning, has become so popular and has been considered a comprehensive solution with numerous benefits. But you may be concerned with the word “Enterprise”, is it for your business? The truth is, regardless of your business size, integrating ERP with your Magento website is a wise decision that will save you money and time in the long run. As so many ERP systems available on the market can make you overwhelmed and unable to decide, we have selected a list of top 7 Magento ERP integrations for your reference. Let’s find the perfect solution for your business.

What are ERP integrations?

How Magento integrates with ERP

Top 7 Magento ERP integrations

Oracle ERP Cloud

Sage ERP

Microsoft Dynamics NAV

SAP Business One

NetSuite

Epicor

JD Edwards

How to determine Magento ERP integration

Can Magento be an eCommerce ERP?

Conclusion

What are ERP integrations?

As you may know, ERP is defined as a solution that covers all operational processes of a business, including:

Supply chain management

Product planning

Procurement

Manufacturing

Sales and marketing

Customer relationship management

Finance and accounting

Risk management

Project management

It centralizes all information of those processes into a single database. ERP integration, physically speaking, is the activity that connects those separate business applications in a unified ERP. At the data level, it connects data from different business processes to create a single source of truth.

How Magento integrates with ERP

If working separately, ERP systems will handle supply chain management, purchasing, inventory management, and invoicing, while Magento deals with the product cycle of online retail. The Magento ERP integration will create inter-communication for you to synchronize data between your ERP system and Magento, providing real-time status and updates. The synchronized data includes customers, order details, products, and categories.

By integrating your Magento website to an ERP solution, it becomes your eCommerce ERP integration that helps you:

Record, manage, and share eCommerce data with the integrated ERP solution for better insights and productivity

Eliminate duplication for data integrity

Automate online and offline business processes for effectiveness

Reduce administrative and operational costs for higher revenue

Store data at a higher level of security

To do that, Magento offers a wide variety of flexible APIs (Application Programming Interface) to connect with most of the best popular ERP solutions, which can integrate perfectly no matter if your ERP system is customized or not. Using the API as a connection is like building a two-way street:

Build a Magento extension

Connect to the ERP via the API of that Magento extension

Pull product data and push orders, customers details from Magento into ERP

Then build an ERP extension

Connect to Magento via the API of that extension

Push product data and pull orders, customers details from the ERP back to Magento

The touchpoints of Magento ERP integration usually include product categories, category navigation, customer accounts, price lists, orders, shipments, and invoices, but can be different based on business type:

Main touchpoints of Magento ERP integration for B2C websites:

Sales orders

Inventory

Status updates

Tracking numbers

Main touchpoints of Magento ERP integration for B2B websites:

Customers records

Pricing

Terms

Invoices

Statements

Based on these main touchpoints, the overall design features can go from complex to simple. Some ERP solutions are designed to be suitable for all kinds of SMEs while others only focus on a specific business size.

As a decision maker of your business, you may have a Magento website and need to select an ERP solution. It’s time to look at the top 7 ERP solutions that can integrate with Magento.

Top 7 Magento ERP integrations

1. Magento integration with Oracle ERP Cloud

Oracle is one of the leading giants in the field of data systems, standing as the second-largest software company in 2020. Oracle ERP Cloud is one part of the Oracle E-Business Suite. Depending on your business demand, you can select only this ERP application or the whole suite because each component has a separate license. Most leading companies in the world are using Oracle to securely keep data and automate their routine processes to help reduce costs and increase efficiency.

Type: cloud-based

Number of customers: 31,500 companies

Recommended business size: 1000–5000 employees and over $1,000M in annual revenue

Key ERP features:

Financials

Project management

Procurement

Risk management and compliance

Enterprise performance management (EPM)

Supply chain and manufacturing

ERP analytics

Key points of Magento ERP integration with Oracle ERP Cloud:

Eliminate data redundancy and duplication

Exchange data automatically from Magento into Oracle ERP and vice versa

Transfer information in real time and high security

Synchronize new orders automatically

Synchronize all updates bi-directionally

2. Magento integration with Sage ERP

Sage is a British software company based in Newcastle and a multinational enterprise. Sage ERP solutions have strong points on intelligence monitoring threats and frequent update patches providing advanced protection of critical data. It’s a fully integrated system of accounting and finances, manufacturing, and distribution needs. All business operations can be performed easily and quickly with it.

Type: cloud-based

Number of customers: 27,735 companies

Recommended business size: 1000–5000 employees and $10M–50M in annual revenue

Key ERP features:

Accounting and finance

Mobile access

Purchasing and supplier management

Project and vendor management

Inventory and warehousing

Human resource management and payroll integration

Sales, marketing, and customer service

Business intelligence (BI) and reporting

Multi currency and bank feeds

Key points of Magento ERP integration with Sage is pushing and pulling data, including:

Sales order

Status update

Product details

Inventory details

Customer information

Payments and shipping

3. Magento integration with Microsoft Dynamics NAV

Microsoft Dynamics NAV, now known as Dynamics 365 Business Central, is a global ERP solution designed for medium and small scale eCommerce. It provides higher control over simplifying manufacturing, financial entries, operation, and supply chain. Another big advantage of this solution is its short deployment time, user-friendliness, and ease of use.

Also, Dynamics 365 Business Central gathers all data, documents, business applications, and devices to optimize the results of your eCommerce retail. It’s famous for the flexibility to deploy in the cloud or on-premises with Business Central.

Type: both cloud-based and on-premise

Number of customers: 110,000 companies

Recommended business size: 50–200 employees and 1M–10M dollars in annual revenue

Key ERP features:

Finance management

Sales and marketing

Sales and delivery

Purchasing and payables

Inventory

Supply planning and availability

Project management

Service management

Warehouse management

Manufacturing

Key points of Magento ERP integration with Microsoft Dynamics NAV:

Manage cash, assets, and banking

Track and manage production, inventory, orders, and vendors

Manage campaigns, sales opportunities, contacts, and service contracts

Track real-time visibility and analytics for insightful performance

Create estimates, track projects, and manage capacity

4. Magento integration with SAP Business One

SAP Business One is the most useful ERP solution for large and medium businesses. It’s the marketing leader when you are looking for an ERP integration solution for your online business for fast deployment. It can help you with various processes like accounting, logistics, human resources, business warehouse, and intelligent analysis with Integrated Business Intelligence (BI).

Type: cloud-based

Number of customers: 60,000 companies

Recommended business size: 10–200 employees and $1M–$50M in annual revenue

Key ERP features:

Data analysis and reporting

Customer relationship management

Accounting

Tracking and visibility

Human resource management

Financial management

Sales and customer management

Inventory and production functionality

Purchasing

Key points of Magento ERP integration with SAP:

Export orders from Magento platform to SAP ERP

Customer import from SAP ERP to Magento platform

Import promotional pricing, catalog, inventory from SAP into Magento

Automate accurate financial entry, auto update of order status, real-time stock sync to avoid no-stock scenario

Process orders quickly to save valuable time

Reduce manual effort

Increase online sales and boost traffic

5. Magento integration with NetSuite

NetSuite ERP is widely used by eCommerce businesses along with Magento’s scalability and flexibility. Integrating your Magento eCommerce store with NetSuite ERP gives you the right tools to speed up your online business, including customer data and real-time reports so you can make smarter decisions and increase profits.

Type: cloud-based

Number of customers: 24,000 companies

Recommended business size: 10–50 employees and $1M–10M in annual revenue

Key ERP features:

Supply chain intelligence

Flexible payment acceptance

Integrated process workflow

Gross requirements inquiry

Incentive compensation management

Key points of Magento ERP integration with Sage:

Manage product data in NetSuite to update in Magento

Synchronize order data flows and customer from Magento to NetSuite

Pass shipments in NetSuite back to Magento

Ensure queuing system in Magento side without waiting for NetSuite to accept the data

6. Magento integration with Epicor

Epicor is a modern ERP solution that you can integrate with Magento, providing agility and flexibility to make smart decisions. Its highest aim is to improve customer responsiveness, streamline processes, and reduce costs.

Type: both cloud-based and on-premises

Number of customers: 7,591 companies

Recommended business size: 50–200 employees and $10M–50M in annual revenue

Key ERP features:

Financials

Human resources

Manufacturing management

Inventory management

Purchasing management

Quality management

Sales management

Key points of Magento ERP integration with Epicor:

Inbound cash receipts and sales order in Epicor

Inbound shipment creation, inbound customer, inventory and inbound products update at Magento

Sales order and Cash receipts in Epicor

Shipment creates, customer, inventory update, and product update

Consolidated invoice, outbound inventory, customer export, outbound product, outbound posed invoice, shipment export, and outbound sales order in Epicor ERP

7. Magento integration with JD Edwards

JD Edwards is a division of Oracle. The ERP solution’s full name is Oracle JD Edwards EnterpriseOne, which is suitable for all business fields of SMEs such as consumer goods, finance, human resources, manufacturing, and distribution.

Type: both cloud-based and on-premises

Number of customers: 17,158 companies

Recommended business size: 50–200 employees and $10M–50M in annual revenue

Key ERP features:

Asset lifecycle management (ALM)

Financial management

Human capital management

Project management

Order management

Manufacturing management

Key points of Magento ERP integration with JD Edwards:

Sync address books and update shipment between two systems

Sync taxes information from Oracle JD Edwards to Magento in real time

Update real time inventory and pricing between two systems

Pass orders and customers information from Magento to Oracle JD Edwards

Display all offline or online orders to see full order history on the Magento

Allow viewing receivable balances and making smart purchases

How to determine Magento ERP integration

After you have understood the methods and options for integrating ERP software with Magento, you’ll probably think about how to choose the most suitable ERP. There are some criteria we suggest to consider, such as:

Your business size

Magento version of your site (Open Source or Commerce)

Your types of data:

Determine all Magento data points that the ERP solution will need to accept

Match the data to correspond to fields in Magento and the ERP solution

Understand the frequency of data transactions (real-time, multiple times per day, nightly batch)

Determine where the data will be placed

Features of the ERP solution you intend to adopt and the Magento ERP integration method. For example, an ERP system can handle fulfillment operations to process your orders and shipping data so it’s recommended to check the compatibility before making a choice. Or whether you have offline stores, electronic data interchange (EDI) sales or other wholesale operations, or manufacture.

Can Magento be an eCommerce ERP?

After reading about connecting Magento and ERP functions, many merchants will ask a common question: Can Magento be an eCommerce ERP?

Magento is an open source eCommerce platform with high flexibility. Magento itself already covers basic operational features such as management for your customers, products, orders, shipping, and payments. Some Magento ERP even offer the ability to manage business processes such as product distribution and suppliers.

In other words, combining additional Magento extensions or using Magento omnichannel solutions can turn your Magento into a centralized ERP for retailers. They can help to expand Magento’s powerful capabilities to track all your business activities and boost your daily productivity.

Conclusion

Integrating ERP with Magento is possible and can bring many benefits to the eCommerce business. However, it will take huge financial resources and time to implement, so it is necessary to determine the strengths and weaknesses of the current solution, define the requirements of your business, list the criteria, and go with trusted providers.

Magento ERP integration can put you ahead in the race so it’s a worthy investment. The sooner you decide, the more you’ll save in the future.

Get a Free Business Consultation

The post Top 7 Magento ERP integrations (2021) appeared first on World’s #1 POS for Magento.

This post was first published here.

I hope that you found the above of help and/or interesting. Similar content can be found on our blog here: northtxpointofsale.com Let me have your feedback below in the comments section. Let us know what topics we should write about for you in the future.

[b2sellsoftware]

Ready to supercharge your P21 business with the B2Sell Web API for Prophet 21? 

Struggling to streamline workflows and maximize the potential of your Epicor Prophet 21 (P21) system? Look no further than the innovative Epicor Rest API! This powerful suite of tools, also known as the Prophet 21 integration API, acts as a bridge, connecting your P21 data with external applications seamlessly. 

Imagine automating tasks, eliminating manual data entry, and gaining real-time insights – all within your existing P21 ecosystem. The B2Sell Epicor Rest API empowers you to achieve just that. By leveraging its functionalities, you can: 

Effortlessly integrate P21 with various business applications: Boost efficiency by connecting your P21 system to CRM, accounting, or e-commerce platforms. 

Automate critical workflows: Automate repetitive tasks like order processing, inventory updates, and customer data synchronization, freeing your team to focus on strategic initiatives. 

Unlock real-time data visibility: Gain a holistic view of your business by accessing and sharing P21 data in real-time with external applications. 

The B2Sell Epicor Prophet 21 API opens a world of possibilities for businesses seeking to supercharge their P21 operations. Embrace the power of P21 integration and transform your business into a well-oiled machine! 

[anagamitofotografia]

News reports and important posts on POS System Equipment and POS.

ERP, short for Enterprise Resource Planning, has become so popular and has been considered a comprehensive solution with numerous benefits. But you may be concerned with the word “Enterprise”, is it for your business? The truth is, regardless of your business size, integrating ERP with your Magento website is a wise decision that will save you money and time in the long run. As so many ERP systems available on the market can make you overwhelmed and unable to decide, we have selected a list of top 7 Magento ERP integrations for your reference. Let’s find the perfect solution for your business.

What are ERP integrations?

How Magento integrates with ERP

Top 7 Magento ERP integrations

Oracle ERP Cloud

Sage ERP

Microsoft Dynamics NAV

SAP Business One

NetSuite

Epicor

JD Edwards

How to determine Magento ERP integration

Can Magento be an eCommerce ERP?

Conclusion

What are ERP integrations?

As you may know, ERP is defined as a solution that covers all operational processes of a business, including:

Supply chain management

Product planning

Procurement

Manufacturing

Sales and marketing

Customer relationship management

Finance and accounting

Risk management

Project management

It centralizes all information of those processes into a single database. ERP integration, physically speaking, is the activity that connects those separate business applications in a unified ERP. At the data level, it connects data from different business processes to create a single source of truth.

How Magento integrates with ERP

If working separately, ERP systems will handle supply chain management, purchasing, inventory management, and invoicing, while Magento deals with the product cycle of online retail. The Magento ERP integration will create inter-communication for you to synchronize data between your ERP system and Magento, providing real-time status and updates. The synchronized data includes customers, order details, products, and categories.

By integrating your Magento website to an ERP solution, it becomes your eCommerce ERP integration that helps you:

Record, manage, and share eCommerce data with the integrated ERP solution for better insights and productivity

Eliminate duplication for data integrity

Automate online and offline business processes for effectiveness

Reduce administrative and operational costs for higher revenue

Store data at a higher level of security

To do that, Magento offers a wide variety of flexible APIs (Application Programming Interface) to connect with most of the best popular ERP solutions, which can integrate perfectly no matter if your ERP system is customized or not. Using the API as a connection is like building a two-way street:

Build a Magento extension

Connect to the ERP via the API of that Magento extension

Pull product data and push orders, customers details from Magento into ERP

Then build an ERP extension

Connect to Magento via the API of that extension

Push product data and pull orders, customers details from the ERP back to Magento

The touchpoints of Magento ERP integration usually include product categories, category navigation, customer accounts, price lists, orders, shipments, and invoices, but can be different based on business type:

Main touchpoints of Magento ERP integration for B2C websites:

Sales orders

Inventory

Status updates

Tracking numbers

Main touchpoints of Magento ERP integration for B2B websites:

Customers records

Pricing

Terms

Invoices

Statements

Based on these main touchpoints, the overall design features can go from complex to simple. Some ERP solutions are designed to be suitable for all kinds of SMEs while others only focus on a specific business size.

As a decision maker of your business, you may have a Magento website and need to select an ERP solution. It’s time to look at the top 7 ERP solutions that can integrate with Magento.

Top 7 Magento ERP integrations

1. Magento integration with Oracle ERP Cloud

Oracle is one of the leading giants in the field of data systems, standing as the second-largest software company in 2020. Oracle ERP Cloud is one part of the Oracle E-Business Suite. Depending on your business demand, you can select only this ERP application or the whole suite because each component has a separate license. Most leading companies in the world are using Oracle to securely keep data and automate their routine processes to help reduce costs and increase efficiency.

Type: cloud-based

Number of customers: 31,500 companies

Recommended business size: 1000–5000 employees and over $1,000M in annual revenue

Key ERP features:

Financials

Project management

Procurement

Risk management and compliance

Enterprise performance management (EPM)

Supply chain and manufacturing

ERP analytics

Key points of Magento ERP integration with Oracle ERP Cloud:

Eliminate data redundancy and duplication

Exchange data automatically from Magento into Oracle ERP and vice versa

Transfer information in real time and high security

Synchronize new orders automatically

Synchronize all updates bi-directionally

2. Magento integration with Sage ERP

Sage is a British software company based in Newcastle and a multinational enterprise. Sage ERP solutions have strong points on intelligence monitoring threats and frequent update patches providing advanced protection of critical data. It’s a fully integrated system of accounting and finances, manufacturing, and distribution needs. All business operations can be performed easily and quickly with it.

Type: cloud-based

Number of customers: 27,735 companies

Recommended business size: 1000–5000 employees and $10M–50M in annual revenue

Key ERP features:

Accounting and finance

Mobile access

Purchasing and supplier management

Project and vendor management

Inventory and warehousing

Human resource management and payroll integration

Sales, marketing, and customer service

Business intelligence (BI) and reporting

Multi currency and bank feeds

Key points of Magento ERP integration with Sage is pushing and pulling data, including:

Sales order

Status update

Product details

Inventory details

Customer information

Payments and shipping

3. Magento integration with Microsoft Dynamics NAV

Microsoft Dynamics NAV, now known as Dynamics 365 Business Central, is a global ERP solution designed for medium and small scale eCommerce. It provides higher control over simplifying manufacturing, financial entries, operation, and supply chain. Another big advantage of this solution is its short deployment time, user-friendliness, and ease of use.

Also, Dynamics 365 Business Central gathers all data, documents, business applications, and devices to optimize the results of your eCommerce retail. It’s famous for the flexibility to deploy in the cloud or on-premises with Business Central.

Type: both cloud-based and on-premise

Number of customers: 110,000 companies

Recommended business size: 50–200 employees and 1M–10M dollars in annual revenue

Key ERP features:

Finance management

Sales and marketing

Sales and delivery

Purchasing and payables

Inventory

Supply planning and availability

Project management

Service management

Warehouse management

Manufacturing

Key points of Magento ERP integration with Microsoft Dynamics NAV:

Manage cash, assets, and banking

Track and manage production, inventory, orders, and vendors

Manage campaigns, sales opportunities, contacts, and service contracts

Track real-time visibility and analytics for insightful performance

Create estimates, track projects, and manage capacity

4. Magento integration with SAP Business One

SAP Business One is the most useful ERP solution for large and medium businesses. It’s the marketing leader when you are looking for an ERP integration solution for your online business for fast deployment. It can help you with various processes like accounting, logistics, human resources, business warehouse, and intelligent analysis with Integrated Business Intelligence (BI).

Type: cloud-based

Number of customers: 60,000 companies

Recommended business size: 10–200 employees and $1M–$50M in annual revenue

Key ERP features:

Data analysis and reporting

Customer relationship management

Accounting

Tracking and visibility

Human resource management

Financial management

Sales and customer management

Inventory and production functionality

Purchasing

Key points of Magento ERP integration with SAP:

Export orders from Magento platform to SAP ERP

Customer import from SAP ERP to Magento platform

Import promotional pricing, catalog, inventory from SAP into Magento

Automate accurate financial entry, auto update of order status, real-time stock sync to avoid no-stock scenario

Process orders quickly to save valuable time

Reduce manual effort

Increase online sales and boost traffic

5. Magento integration with NetSuite

NetSuite ERP is widely used by eCommerce businesses along with Magento’s scalability and flexibility. Integrating your Magento eCommerce store with NetSuite ERP gives you the right tools to speed up your online business, including customer data and real-time reports so you can make smarter decisions and increase profits.

Type: cloud-based

Number of customers: 24,000 companies

Recommended business size: 10–50 employees and $1M–10M in annual revenue

Key ERP features:

Supply chain intelligence

Flexible payment acceptance

Integrated process workflow

Gross requirements inquiry

Incentive compensation management

Key points of Magento ERP integration with Sage:

Manage product data in NetSuite to update in Magento

Synchronize order data flows and customer from Magento to NetSuite

Pass shipments in NetSuite back to Magento

Ensure queuing system in Magento side without waiting for NetSuite to accept the data

6. Magento integration with Epicor

Epicor is a modern ERP solution that you can integrate with Magento, providing agility and flexibility to make smart decisions. Its highest aim is to improve customer responsiveness, streamline processes, and reduce costs.

Type: both cloud-based and on-premises

Number of customers: 7,591 companies

Recommended business size: 50–200 employees and $10M–50M in annual revenue

Key ERP features:

Financials

Human resources

Manufacturing management

Inventory management

Purchasing management

Quality management

Sales management

Key points of Magento ERP integration with Epicor:

Inbound cash receipts and sales order in Epicor

Inbound shipment creation, inbound customer, inventory and inbound products update at Magento

Sales order and Cash receipts in Epicor

Shipment creates, customer, inventory update, and product update

Consolidated invoice, outbound inventory, customer export, outbound product, outbound posed invoice, shipment export, and outbound sales order in Epicor ERP

7. Magento integration with JD Edwards

JD Edwards is a division of Oracle. The ERP solution’s full name is Oracle JD Edwards EnterpriseOne, which is suitable for all business fields of SMEs such as consumer goods, finance, human resources, manufacturing, and distribution.

Type: both cloud-based and on-premises

Number of customers: 17,158 companies

Recommended business size: 50–200 employees and $10M–50M in annual revenue

Key ERP features:

Asset lifecycle management (ALM)

Financial management

Human capital management

Project management

Order management

Manufacturing management

Key points of Magento ERP integration with JD Edwards:

Sync address books and update shipment between two systems

Sync taxes information from Oracle JD Edwards to Magento in real time

Update real time inventory and pricing between two systems

Pass orders and customers information from Magento to Oracle JD Edwards

Display all offline or online orders to see full order history on the Magento

Allow viewing receivable balances and making smart purchases

How to determine Magento ERP integration

After you have understood the methods and options for integrating ERP software with Magento, you’ll probably think about how to choose the most suitable ERP. There are some criteria we suggest to consider, such as:

Your business size

Magento version of your site (Open Source or Commerce)

Your types of data:

Determine all Magento data points that the ERP solution will need to accept

Match the data to correspond to fields in Magento and the ERP solution

Understand the frequency of data transactions (real-time, multiple times per day, nightly batch)

Determine where the data will be placed

Features of the ERP solution you intend to adopt and the Magento ERP integration method. For example, an ERP system can handle fulfillment operations to process your orders and shipping data so it’s recommended to check the compatibility before making a choice. Or whether you have offline stores, electronic data interchange (EDI) sales or other wholesale operations, or manufacture.

Can Magento be an eCommerce ERP?

After reading about connecting Magento and ERP functions, many merchants will ask a common question: Can Magento be an eCommerce ERP?

Magento is an open source eCommerce platform with high flexibility. Magento itself already covers basic operational features such as management for your customers, products, orders, shipping, and payments. Some Magento ERP even offer the ability to manage business processes such as product distribution and suppliers.

In other words, combining additional Magento extensions or using Magento omnichannel solutions can turn your Magento into a centralized ERP for retailers. They can help to expand Magento’s powerful capabilities to track all your business activities and boost your daily productivity.

Conclusion

Integrating ERP with Magento is possible and can bring many benefits to the eCommerce business. However, it will take huge financial resources and time to implement, so it is necessary to determine the strengths and weaknesses of the current solution, define the requirements of your business, list the criteria, and go with trusted providers.

Magento ERP integration can put you ahead in the race so it’s a worthy investment. The sooner you decide, the more you’ll save in the future.

Get a Free Business Consultation

The post Top 7 Magento ERP integrations (2021) appeared first on World’s #1 POS for Magento.

This post was first published here.

I hope that you found the above of help and/or interesting. Similar content can be found on our blog here: northtxpointofsale.com Let me have your feedback below in the comments section. Let us know what topics we should write about for you in the future.

[cpqsoftware]

CPQ with Prophet 21 for Business Modernized Structure

Today manufacturers are facing challenges in leveraging ERP solutions for faster outcomes as they need help to remove dependency on multiple legacy applications. Since complex product manufacturing needs legacy applications, it becomes challenging to retire them. This challenge is further extended through merger and acquisition activity.

Integration of CPQ with Prophet 21 can help streamline the business architecture ecosystem and systematize the sales process. CPQ with Kbmax acts as a centralized unit and streamlines all internal operations of the organization to witness progress in work management, fast delivery, and satisfied sales.

Let's discuss why your business needs the integration of CPQ with Prophet21.

Why do your need integration of CPQ with Prophet 21?

You need a strong technological foundation to create a successful business in today's competitive market. A platform that can grow, develop, and expand without requiring major system changes or expenses is also necessary. The distribution software Prophet 21 from Epicor is designed to help your company's growth both today and in the future. You can modify the Prophet 21 solution to better suit your company's needs thanks to extensibility, a modular framework, and simplified Web Visual Rules.

CPQ with Prophet 21 solution offers various features that enable manufacturers to customize the software to meet business operations to increase efficiency.

Epicor Prophet 21 helps you increase speed and responsiveness; you can manage your supply chain and inventories with a comprehensive suite of tools. It offers:

Various techniques for dynamic inventory replenishment

More accurate demand forecast

Enable analyzer of consumer purchasing patterns with notifications

Mass loading with EDI/Electronic Supplier Update

Benefits of Configure Price Quote Solutions

Because of non-standard architecture, complex pricing and sales rules, and revision in product design, the launch time for product bundles increased; this also strengthened the time of product catalog and structure migration and ultimately increased the cost of IT operations.

With the familiarity of most Windows-based solutions, any commercial data analysis program can access data using Prophet 21 software, which offers scalability, dependability, and real-time access. Because the efficiencies obtained can significantly boost corporate performance, the Prophet 21 system was specifically tailored for the Microsoft SQL Server.

Key elements of a CPQ with Epicor help you easily integrate with enterprise product catalog, incorporated quote platform for focalized telco solutions, Dynamic and design-time bundling, and Cross-sell/upsell opportunity based on custom view. As ERP CPQ gives complete access to customers, it becomes easy to know their preferences and suggest product recommendations that fit-in their requirements. CPQ with Epicor also helps in achieving end-customer and partner self-service

Contract-driven pricing allows sales reps to modify quotes based on customer requirements and also allows them to make changes in quoted real-time. The traditional process takes a few weeks to alter the quotes, and teams must measure the quote based on suggested changes. Still, after taking it so many times, it took time to define accurate product quoting.

Epicor CRM CPQ abilities and interfacing services may differ based on the CSP's business structure guidelines and business assembly abilities. REST API specifications are recommended to command interfaces around CPQ with Epicor for timely and standardized implementation of enterprise integration architecture.

Features of Kbmax CRM CPQ Software Solutions

ERP CPQ brings new diversification within companies and enables their sales representatives to respond more quickly to customer inquiries and consequently help them get back in touch with the customer earlier to close the deal. In addition, it empowers salespeople to work harmoniously and in real-time with potential customers on product configuration. Including the customer's point of view more actively in the sales process makes the business and the product more engaging and increases customer experience.

ERR CPQ software solutions also help break down resources into separate reusable combinations that can be readily recombined. This process, known as componentization, is the most vital feature of CPQ with Epicor.

The reusability, modularity, and versatility capabilities of the ERP CPQ

help determine the effectiveness of the entire prospect-to-order cycle. It is necessary to assess the effectiveness metrics of the CPQ design to evaluate the need for a dedicated CPQ solution in the IT ecosystem to match the exact customers' needs.

Epicor CRM CPQ also helps businesses to increase bundle offer creation, lead creation, and reduction in CPQ sales handling time. The reduction in manual touchpoints through ERP CPQ increases customer trust.

The main benefits of using the centralized CPQ are omnichannel sales with a more accelerated rollout of bundled product offers and interfacing digitally with direct sales, account administrators, partners, and consumers.

Summing up

Keeping an eye open on business capital expenditure is crucial to success, mainly because of the co-existence of legacy ERP CPQ. To balance the outcomes, businesses require significant reductions in operating expenses by reducing the number of legacy applications. Also, by propelling converged solutions via CPQ for early revenue benefit.

There should be a business ploy to eliminate legacy Configure Price Quote Solutions by modernizing product models, congeniality rules, order breakdown rules, and all the interfaces on the CPQ to make it a strategic CPQ application. But using a cloud-based ERP CPQ, it becomes easy to integrate other applications working on business infrastructure because of the steady configuration and microservice features.

[afrolesbikita]

News reports and important posts on POS System Equipment and POS.

ERP, short for Enterprise Resource Planning, has become so popular and has been considered a comprehensive solution with numerous benefits. But you may be concerned with the word “Enterprise”, is it for your business? The truth is, regardless of your business size, integrating ERP with your Magento website is a wise decision that will save you money and time in the long run. As so many ERP systems available on the market can make you overwhelmed and unable to decide, we have selected a list of top 7 Magento ERP integrations for your reference. Let’s find the perfect solution for your business.

What are ERP integrations?

How Magento integrates with ERP

Top 7 Magento ERP integrations

Oracle ERP Cloud

Sage ERP

Microsoft Dynamics NAV

SAP Business One

NetSuite

Epicor

JD Edwards

How to determine Magento ERP integration

Can Magento be an eCommerce ERP?

Conclusion

What are ERP integrations?

As you may know, ERP is defined as a solution that covers all operational processes of a business, including:

Supply chain management

Product planning

Procurement

Manufacturing

Sales and marketing

Customer relationship management

Finance and accounting

Risk management

Project management

It centralizes all information of those processes into a single database. ERP integration, physically speaking, is the activity that connects those separate business applications in a unified ERP. At the data level, it connects data from different business processes to create a single source of truth.

How Magento integrates with ERP

If working separately, ERP systems will handle supply chain management, purchasing, inventory management, and invoicing, while Magento deals with the product cycle of online retail. The Magento ERP integration will create inter-communication for you to synchronize data between your ERP system and Magento, providing real-time status and updates. The synchronized data includes customers, order details, products, and categories.

By integrating your Magento website to an ERP solution, it becomes your eCommerce ERP integration that helps you:

Record, manage, and share eCommerce data with the integrated ERP solution for better insights and productivity

Eliminate duplication for data integrity

Automate online and offline business processes for effectiveness

Reduce administrative and operational costs for higher revenue

Store data at a higher level of security

To do that, Magento offers a wide variety of flexible APIs (Application Programming Interface) to connect with most of the best popular ERP solutions, which can integrate perfectly no matter if your ERP system is customized or not. Using the API as a connection is like building a two-way street:

Build a Magento extension

Connect to the ERP via the API of that Magento extension

Pull product data and push orders, customers details from Magento into ERP

Then build an ERP extension

Connect to Magento via the API of that extension

Push product data and pull orders, customers details from the ERP back to Magento

The touchpoints of Magento ERP integration usually include product categories, category navigation, customer accounts, price lists, orders, shipments, and invoices, but can be different based on business type:

Main touchpoints of Magento ERP integration for B2C websites:

Sales orders

Inventory

Status updates

Tracking numbers

Main touchpoints of Magento ERP integration for B2B websites:

Customers records

Pricing

Terms

Invoices

Statements

Based on these main touchpoints, the overall design features can go from complex to simple. Some ERP solutions are designed to be suitable for all kinds of SMEs while others only focus on a specific business size.

As a decision maker of your business, you may have a Magento website and need to select an ERP solution. It’s time to look at the top 7 ERP solutions that can integrate with Magento.

Top 7 Magento ERP integrations

1. Magento integration with Oracle ERP Cloud

Oracle is one of the leading giants in the field of data systems, standing as the second-largest software company in 2020. Oracle ERP Cloud is one part of the Oracle E-Business Suite. Depending on your business demand, you can select only this ERP application or the whole suite because each component has a separate license. Most leading companies in the world are using Oracle to securely keep data and automate their routine processes to help reduce costs and increase efficiency.

Type: cloud-based

Number of customers: 31,500 companies

Recommended business size: 1000–5000 employees and over $1,000M in annual revenue

Key ERP features:

Financials

Project management

Procurement

Risk management and compliance

Enterprise performance management (EPM)

Supply chain and manufacturing

ERP analytics

Key points of Magento ERP integration with Oracle ERP Cloud:

Eliminate data redundancy and duplication

Exchange data automatically from Magento into Oracle ERP and vice versa

Transfer information in real time and high security

Synchronize new orders automatically

Synchronize all updates bi-directionally

2. Magento integration with Sage ERP

Sage is a British software company based in Newcastle and a multinational enterprise. Sage ERP solutions have strong points on intelligence monitoring threats and frequent update patches providing advanced protection of critical data. It’s a fully integrated system of accounting and finances, manufacturing, and distribution needs. All business operations can be performed easily and quickly with it.

Type: cloud-based

Number of customers: 27,735 companies

Recommended business size: 1000–5000 employees and $10M–50M in annual revenue

Key ERP features:

Accounting and finance

Mobile access

Purchasing and supplier management

Project and vendor management

Inventory and warehousing

Human resource management and payroll integration

Sales, marketing, and customer service

Business intelligence (BI) and reporting

Multi currency and bank feeds

Key points of Magento ERP integration with Sage is pushing and pulling data, including:

Sales order

Status update

Product details

Inventory details

Customer information

Payments and shipping

3. Magento integration with Microsoft Dynamics NAV

Microsoft Dynamics NAV, now known as Dynamics 365 Business Central, is a global ERP solution designed for medium and small scale eCommerce. It provides higher control over simplifying manufacturing, financial entries, operation, and supply chain. Another big advantage of this solution is its short deployment time, user-friendliness, and ease of use.

Also, Dynamics 365 Business Central gathers all data, documents, business applications, and devices to optimize the results of your eCommerce retail. It’s famous for the flexibility to deploy in the cloud or on-premises with Business Central.

Type: both cloud-based and on-premise

Number of customers: 110,000 companies

Recommended business size: 50–200 employees and 1M–10M dollars in annual revenue

Key ERP features:

Finance management

Sales and marketing

Sales and delivery

Purchasing and payables

Inventory

Supply planning and availability

Project management

Service management

Warehouse management

Manufacturing

Key points of Magento ERP integration with Microsoft Dynamics NAV:

Manage cash, assets, and banking

Track and manage production, inventory, orders, and vendors

Manage campaigns, sales opportunities, contacts, and service contracts

Track real-time visibility and analytics for insightful performance

Create estimates, track projects, and manage capacity

4. Magento integration with SAP Business One

SAP Business One is the most useful ERP solution for large and medium businesses. It’s the marketing leader when you are looking for an ERP integration solution for your online business for fast deployment. It can help you with various processes like accounting, logistics, human resources, business warehouse, and intelligent analysis with Integrated Business Intelligence (BI).

Type: cloud-based

Number of customers: 60,000 companies

Recommended business size: 10–200 employees and $1M–$50M in annual revenue

Key ERP features:

Data analysis and reporting

Customer relationship management

Accounting

Tracking and visibility

Human resource management

Financial management

Sales and customer management

Inventory and production functionality

Purchasing

Key points of Magento ERP integration with SAP:

Export orders from Magento platform to SAP ERP

Customer import from SAP ERP to Magento platform

Import promotional pricing, catalog, inventory from SAP into Magento

Automate accurate financial entry, auto update of order status, real-time stock sync to avoid no-stock scenario

Process orders quickly to save valuable time

Reduce manual effort

Increase online sales and boost traffic

5. Magento integration with NetSuite

NetSuite ERP is widely used by eCommerce businesses along with Magento’s scalability and flexibility. Integrating your Magento eCommerce store with NetSuite ERP gives you the right tools to speed up your online business, including customer data and real-time reports so you can make smarter decisions and increase profits.

Type: cloud-based

Number of customers: 24,000 companies

Recommended business size: 10–50 employees and $1M–10M in annual revenue

Key ERP features:

Supply chain intelligence

Flexible payment acceptance

Integrated process workflow

Gross requirements inquiry

Incentive compensation management

Key points of Magento ERP integration with Sage:

Manage product data in NetSuite to update in Magento

Synchronize order data flows and customer from Magento to NetSuite

Pass shipments in NetSuite back to Magento

Ensure queuing system in Magento side without waiting for NetSuite to accept the data

6. Magento integration with Epicor

Epicor is a modern ERP solution that you can integrate with Magento, providing agility and flexibility to make smart decisions. Its highest aim is to improve customer responsiveness, streamline processes, and reduce costs.

Type: both cloud-based and on-premises

Number of customers: 7,591 companies

Recommended business size: 50–200 employees and $10M–50M in annual revenue

Key ERP features:

Financials

Human resources

Manufacturing management

Inventory management

Purchasing management

Quality management

Sales management

Key points of Magento ERP integration with Epicor:

Inbound cash receipts and sales order in Epicor

Inbound shipment creation, inbound customer, inventory and inbound products update at Magento

Sales order and Cash receipts in Epicor

Shipment creates, customer, inventory update, and product update

Consolidated invoice, outbound inventory, customer export, outbound product, outbound posed invoice, shipment export, and outbound sales order in Epicor ERP

7. Magento integration with JD Edwards

JD Edwards is a division of Oracle. The ERP solution’s full name is Oracle JD Edwards EnterpriseOne, which is suitable for all business fields of SMEs such as consumer goods, finance, human resources, manufacturing, and distribution.

Type: both cloud-based and on-premises

Number of customers: 17,158 companies

Recommended business size: 50–200 employees and $10M–50M in annual revenue

Key ERP features:

Asset lifecycle management (ALM)

Financial management

Human capital management

Project management

Order management

Manufacturing management

Key points of Magento ERP integration with JD Edwards:

Sync address books and update shipment between two systems

Sync taxes information from Oracle JD Edwards to Magento in real time

Update real time inventory and pricing between two systems

Pass orders and customers information from Magento to Oracle JD Edwards

Display all offline or online orders to see full order history on the Magento

Allow viewing receivable balances and making smart purchases

How to determine Magento ERP integration

After you have understood the methods and options for integrating ERP software with Magento, you’ll probably think about how to choose the most suitable ERP. There are some criteria we suggest to consider, such as:

Your business size

Magento version of your site (Open Source or Commerce)

Your types of data:

Determine all Magento data points that the ERP solution will need to accept

Match the data to correspond to fields in Magento and the ERP solution

Understand the frequency of data transactions (real-time, multiple times per day, nightly batch)

Determine where the data will be placed

Features of the ERP solution you intend to adopt and the Magento ERP integration method. For example, an ERP system can handle fulfillment operations to process your orders and shipping data so it’s recommended to check the compatibility before making a choice. Or whether you have offline stores, electronic data interchange (EDI) sales or other wholesale operations, or manufacture.

Can Magento be an eCommerce ERP?

After reading about connecting Magento and ERP functions, many merchants will ask a common question: Can Magento be an eCommerce ERP?

Magento is an open source eCommerce platform with high flexibility. Magento itself already covers basic operational features such as management for your customers, products, orders, shipping, and payments. Some Magento ERP even offer the ability to manage business processes such as product distribution and suppliers.

In other words, combining additional Magento extensions or using Magento omnichannel solutions can turn your Magento into a centralized ERP for retailers. They can help to expand Magento’s powerful capabilities to track all your business activities and boost your daily productivity.

Conclusion

Integrating ERP with Magento is possible and can bring many benefits to the eCommerce business. However, it will take huge financial resources and time to implement, so it is necessary to determine the strengths and weaknesses of the current solution, define the requirements of your business, list the criteria, and go with trusted providers.

Magento ERP integration can put you ahead in the race so it’s a worthy investment. The sooner you decide, the more you’ll save in the future.

Get a Free Business Consultation

The post Top 7 Magento ERP integrations (2021) appeared first on World’s #1 POS for Magento.

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Accounting Software Market Research Report - Global Forecast till 2024

Accounting Software Market Research Report - Global Forecast till 2024

 Market Snapshot

The global accounting software market is set to witness a CAGR of 8.92% during the projection period (2018-2024) and reach a valuation of more than USD 26,600 million. Factors such as increased demand for automated solution, demand for advanced accounting solution and rapid adoption of cloud-based accounting software are ushering market growth.

In addition, lucrative opportunities are emerging from integration of artificial intelligence with accounting and mobile/app-based accounting software. However, additional cost associated with accounting software and concerns regarding data security are factors somewhat hindering the growth of the accounting software market.

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 Key players:

Intuit Inc., Sage, SAP, Oracle, Microsoft, Xero Limited, Kingdee Internation Software Group (HK) Ltd. Priority Software, FreshBooks, Assist Cornerstone, Epicor, Unit4, Tally Solutions Private Limited, yonyou (Hong Kong) co., Ltd., Infor, and Workday.

Intuit Inc., Sage, SAP, Oracle, Microsoft, and Xero Limited. are the top six companies in the global accounting software market. As a part of growth strategy, market players are adopting various approaches such as regional expansion and new product development. Many companies are also focusing on offering new production techniques and products with innovative technology.

The report covers the development strategies adopted by the companies between 2015 to 2018. 

Key Development

Intuit recently launched a new QuickBooks ProAdvisor Program in the     US, Canada, and Australia. This new program is built into QuickBooks     Online Accountant to support global accounting trends.

In October 2018, Oracle launched new core-to-edge cloud security     technologies that help to secure customer data and combat sophisticated     cyber threats with layers of defense.

Xero Limited recently     announced its first full-featured API for bank feeds that enables banks,     financial technology companies and financial institutions of all sizes to give     their small business customers faster access to financial data directly     from the platform.

Market Segmentation

By Industry - BFSI, IT & Telecommunication, Manufacturing, Retail & E-commerce, Healthcare, and Others.

By Deployment - On-premise and cloud-based.

ByOrganizationSize-SMEandLarge.

Industry Analysis

In terms of value, the manufacturing segment accounted for 33% market share in 2018 with a market valuation of USD 5,362.4 Mn. During the forecast period, the segment is expected to exhibit a CAGR of 9.49%. Accounting software finds widespread application in the manufacturing industry. It is used to process back-end transactions and front-end documents. Moreover, it allows continuous financial monitoring as well as reduces accounting errors.

Deployment Analysis

In 2018, the on-premise segment accounted for 58.89% market share. The segment is expected to reach a market valuation in excess of USD 15,300 million by 2024 up from USD 9,038.2 million in 2017, reflecting a healthy growth rate. Advantages such as increased customization & control of systems, ease of integration with third-party applications and independent operation capability continues to drive the adoption of on-premises accounting software.

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 About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR),Half-Cooked Research Reports (HCRR), Raw Research Reports (3R),Continuous-Feed Research (CFR), and Market Research & Consulting Services.

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