Unlike the traditional B2C market, where innovation and efficiencies are typically implemented as soon as they become available, the B2B market struggles with the process. Streamlining the B2B purchasing process is difficult because of the various steps and limitations within the procurement process itself. What causes the delay? How can companies move beyond this constant…
Category: purchase
Purchase Order Tracking: The Importance In The Inventory Management System
Right from the tracking of a purchase order to an inventory management system the contemporary business world is witnessing the digital revolution. In fact, if we look at the statistics given by FinanceOnline Review, 70% of organizations are either already under a digital transformation process or are working on one. If such a huge amount of…
3 Useful Tips to Reduce Cart Abandonment in eCommerce
Editor’s Note: This post was originally published in November 2017 and has been completely updated in November 2022 for accuracy and comprehensiveness. Few things are more frustrating for eCommerce businesses than customers failing to check out their shopping carts. Even if your website is effective enough to convince a customer to fill their online shopping…
How to Get the Most Benefits from Inventory Analysis Reports
Editor’s Note: This blog post was originally published in September 2012 and has been fully updated and improved in October 2024 to be comprehensive and easily understood. Once you’ve set up an inventory management solution for your business, you’ll get comfortable with the basic functions and routines it enables for your company. Now it’s time…
How to Manage Your Sales Orders With ERP Software Like a Pro?
Editor’s Note: This blog post was originally published in March 2012 and has been fully updated and improved in July 2023 to be comprehensive and easily understood. Sales are arguably the lifeline of your business. Efficiently controlling the sales order your customer issues is crucial. To do so, you’ll want to elevate your sales order…