Benefits of EDI Integrations in Shopify
Since the beginning of commercialization, consumers have been continuously changing the way they shop, and the merchants need to keep up with the change to succeed. Aided by the latest innovations in technology, e-commerce has become the preferred way to shop for most buyers.
Ecommerce websites offer a convenient way for customers to shop for products & services online with added fluidity & access to information to support their purchase journey. The online buying
process is much shorter as compared to that of physical stores as the customer can shop from anywhere & at any time just with a few clicks. It also allows the merchants to identify & offer the best buying experience to their potential customers by studying the user behaviors such as trends, likings, etc.
Shopify for e-commerce
There are many e-commerce platforms available today to help retailers, suppliers & manufacturers to create their online stores with enhanced aesthetics and efficient functionality. Shopify is a popular eCommerce platform that allows sellers to build an online store from scratch with ease.
Shopify is great for stores that require a minimal amount of configuration and want to sell physical as well as digital goods or services. It provides sellers with powerful tools to create their shop while having complete control over their website design along with a readily available payment solution through credit card & POS to process retail sales.
EDI with e-Commerce
Electronic data interchange (EDI) has proven to be of great value to online businesses making it a necessity for every e-commerce business. EDI is a computer-to-computer exchange of business information, such as purchase orders, shipment notes and invoices, in a predetermined electronic format between business partners. It replaces any form of physical documentation exchange on paper, like post or fax.
EDI in business allows automation of workflow and reduces the inefficiency that is usually caused by paper documentation. EDI enables the supplier’s online site to exchange information directly with the supplier’s ERP or accounting system and third-party logistics providers for shipping. Moreover, the automation of procurement-to-pay process by EDI can reduce the order-to-cash cycle by more than 20%.
EDI for Shopify
EDI integration in Shopify reduces processing time by eliminating re-keying of critical information such as order, invoice or shipping data, that can speed up the entire business cycle by up to 61%. Moreover, with the elimination of manual data entry, the error chances in a transaction are reduced by more than 35%.
EDI integration is critically important for:
- Dropship businesses using Shopify as major suppliers enforce the need for EDI
- Shopify web stores serving high volume clients to ensure that orders are processed quickly while allowing complete visibility of the order across all processes.
- Shopify stores dealing with shipping companies (like FedEx, DHL) to send shipment data, tracking details and order status back to Shopify to provide information to the buyer.
HubBroker’s EDI Solutions
HubBroker, a leading EDI service provider, offers Shopify EDI integration services. They provide scalable EDI solutions for Shopify owners by connecting Shopify product portal with their iPaaS system through web portal API. Their solutions allow Shopify store owners to synchronize their product as well as orders from the store with their ERP systems.