The Growth of E-Commerce from Covid-19
COVID-19 has put e-commerce at the forefront of retail. Before the pandemic, online shopping was growing at a steady pace of 4.5 percent a year globally. But the retail landscape has deeply changed this year, due mainly to movement restriction measures aimed to protect public health and growing consumer preference to avoid physical stores. Businesses that were able to adapt to digital platforms thrived, in general, while traditional retailers with weak online strategies dwindled, with several prominent ones filing for bankruptcy.
With the exponential growth of e-commerce, companies need their online store connected to their ERP to avoid hours and hours manually creating the sales in SAP Business One. Services such as digital payments, credit, and insurance are increasingly being offered at the point of sale by non-financial companies—a trend referred to as embedded finance. This surge in embedded finance can significantly improve access to finance for small and medium-sized enterprises, reducing costs and increasing efficiency in the digital economy.
Shopify is great for the stores that sell goods or services that need a minimal amount of configuration. You can sell a single product or a handful of products by implementing an advanced Shopify homepage section as per your business requirement. This ultimately increases your ROI and boost your business revenue.
Ecommerce continues to explode, and Shopify is a powerful platform for online business. As the world becomes more connected, new ways of doing business have emerged. Today, brick and mortar stores are not necessary for one to start a business. Using e-commerce stores, you can start a business and advertise your products online.
Shopify is an e-commerce provider that allows a company to create an online store in minutes! It is one of the most recognized and used platforms in the world with more than 1 million merchants in 175 countries.
Shopify, Enterpryze & SAP Business One
Integrating your Shopify store with SAP Business One is now possible thanks to Enterpryze. Shopify Integration with Enterpryze allows you to automatically sync your Shopify eCommerce orders to your SAP Business One accounting. Sales, taxes, and discounts are all automatically exported so that you can keep track of how your eCommerce business is performing. Create a beautiful Shopify store and witness its seamless connection with Enterpryze.
- Simple integration within minutes
- Sell 24/7 to anyone, anywhere
- Full integrated global platform
- Real-time stock updates
- Built-in approvals engine
This can allow you to drive cloud revenue by offering a powerful e-commerce solution to your clients SAP Business One solution.
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