Marketplace connectors

Marketplace connectors

What are Marketplace connectors?

A Marketplace connector is an Integration Connectivity Solution that seamlessly connects online platforms like Shopee, Lazada, Qoo10and Amazon to your company’s existing ERP system, such as Dynamics 365 Business Central.

Marketplace connectors

What are Marketplace connectors?

A Marketplace connector is an Integration Connectivity Solution that seamlessly connects online platforms like Shopee, Lazada, Qoo10and Amazon to your company’s existing ERP system, such as Dynamics 365 Business Central.

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Marketplace connectors mi12

Save time and reduce errors

These online marketplaces operate in silos and are not connected to the ERP systems powered by Microsoft Dynamics 365 Business Central. The high volume of transactions, payment collection and reconciliation from these platforms cause frustrating process bottlenecks which require several man-hours daily, weekly and monthly of repetitive manual effort to clear them in their ERP systems. These error-prone methods result in inventory inaccuracies, delivery delays and mistakes in management reports. Their users need to spend time further time to resolve these issues.

Implementation of this robust Integration Connectivity Solution results in recovery from significant productivity loss.

Reduce manual work and increase sales

The Online Ordering, Status and Inventory Data Integration of Marketplace connectors helps to streamline the B2C processes and automate the information flow from online orders, payments and inventory availability with back-office processes in the ERP system. This transformation  significantly reduces the manual work, results in engaging and delighting customers, and helps increase online sales growth.

This connector helps in near real-time (such as hourly) transmission of the below information :

From each online platform to the ERP system :

  • Online order.
  • Online customer details.
  • Payment and shipping information.

From the ERP system to each online platform:

  • Inventory item details ( up-to-date information and availability ).
  • Order status.
  • Tracking shipping.
Marketplace connectors - Automate payment and reconciliation processes

Automate payment and reconciliation processes

Each online Marketplace has different commissions and payment policies. They send individual files for every order resulting in a lot of manual hours spent on reconciliation.

This connector helps to automate the payment and reconciliation processes from the online companies with the ERP system, with following features:

  • Get the payment and commission data from the online companies based on API and store them in staging tables in the ERP solution. This data will be made available on weekly or monthly by the online companies.
  • Map the data to the respective G/L and Bank Accounts in the ERP solution based on the various payment, commission, expense codes given by the online companies.
  • Generate Receipt and Expense journals.
  • Cross-check with the data and post.
  • Create job schedules to run the above process automatically.

Save time and reduce errors

These online marketplaces operate in silos and are not connected to the ERP systems powered by Microsoft Dynamics 365 Business Central. The high volume of transactions, payment collection and reconciliation from these platforms cause frustrating process bottlenecks which require several man-hours daily, weekly and monthly of repetitive manual effort to clear them in their ERP systems. These error-prone methods result in inventory inaccuracies, delivery delays and mistakes in management reports. Their users need to spend time further time to resolve these issues.

Implementation of this robust Integration Connectivity Solution results in recovery from significant productivity loss.

Reduce manual work and increase sales

The Online Ordering, Status and Inventory Data Integration of Marketplace connectors helps to streamline the B2C processes and automate the information flow from online orders, payments and inventory availability with back-office processes in the ERP system. This transformation  significantly reduces the manual work, results in engaging and delighting customers, and helps increase online sales growth.

This connector helps in near real-time (such as hourly) transmission of the below information :

From each online platform to the ERP system :

  1. Online orders
  2. Online customer details
  3. Payment and shipping information

From the ERP system to each online platform :

  1. Inventory item details ( up-to-date information and availability )
  2. Order status
  3. Tracking shipping

Automate payment and reconciliation processes

Each online Marketplace has different commissions and payment policies. They send individual files for every order resulting in a lot of manual hours spent on reconciliation.

This connector helps to automate the payment and reconciliation processes from the online companies with the ERP system, with following features :

  1. Get the payment and commission data from the online companies based on API and store them in staging tables in the ERP solution. This data will be made available on weekly or monthly by the online companies.
  2. Map the data to the respective G/L and Bank Accounts in the ERP solution based on the various payment, commission, expense codes given by the online companies.
  3. Generate Receipt and Expense journals.
  4. Cross-check with the data and post.
  5. Create job schedules to run the above process automatically.