Tuesday, August 14, 2012

MYOB users - Why you should integrate your E-Commerce with an accounting package MYOB!


Imagine being able to easily take all orders in e-commerce shopping cart directly into your accounting software MYOB as a sell order, thus reducing the time re-entering data. Yay - No double entry!

Imagine being able to have files on the card the customer updated with details of your customers on the ground after the clients have access to their website and update their details.

And imagine the time saved by being able to transfer seamlessly updates that have been made on your customers their own file in MYOB customer card directly to your e-commerce web store

And finally, imagine being able to keep the product price and stock levels on your website updated easily.

This is the dream of many e-commerce store owner, but without a well-designed software and a lot of careful planning on how to structure the data card of the customer and your product data may be in for a lot of trouble.

Where do you put the data access and the instructions of the customer's price level. Which fields do not match with MYOB and our database. The complexity of a seemingly simple database integration has led to the most sites cart abandoning the dream of integration.

The fact is that in many cases you need to invest a thousand to several thousand dollars to build a robust, reliable and fit perfect for your business. But before you commit to MYOB integration is not necessary to be able to assess at what point it becomes economic to do so.

We do a cost benefit analysis based on treatment of 20 e-commerce orders a week old and new way.

In the old way we spending up to 10 minutes per order re-keying information into MYOB (print the e-mail, log-in to an order). This equates to 200 minutes per week. Also there might be updating the contact and login information on our website 1 hour per week. And there would be no upgrade pricing for 1 hour a week. We would not have had time to worry about inventory levels and then we would have to say sometimes dissatisfied customers were not able to supply their products at all because we had already sold out. Overall this is a 320 minutes per week or 277 hours per year. A $ 20.00 per hour this would cost us $ 5,540 in wages.

Now, if we act in MYOB integration. There would be no rekeying and customer information would be updated automatically as the price of the product and stock information.

Time to do this week. 30 minutes in the worst case or $ 520 per year, the same rates. The difference is $ 5020.

Now for many small e-commerce savings of $ 5,020 annually, is the most important because if they released an additional 250 hours per year, the equivalent of just over 40 weeks of six hours the small entrepreneur could focus on other sectors of their business ... such as marketing. Or overworked owner of small businesses could not work, hmmm, that would be great.

So maybe its time to look again to integrate with the accounting package .......

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