Before we dive into the article, we need to understand WHY a business would want to integrate their accounting system with an online store.
Here are the main pain points:
- Manually updating stock and price on your online store like Netcash Shop or WooCommerce can be a time-consuming task, and one that’s not feasible to do 24/7. Integration with your accounting software solves this instantly, saving time better spent on growing your business.
- Hand capturing every order from your online store can sap hours from ones’ productivity, and also introduce data capture errors. Using an integration tool like Storehub.io ensures all the line items, delivery address and contact details are accurately captured, automatically.
- Customers’ buying an item that’s out of stock is the bane of all online store owners. You’re unable to procure more stock so need to refund the customer and pay the 2X transaction fees in the process.
- Enhance your scalability with integration – as store orders increase, you’ll need to spend more man-hours on managing the admin. Integration means you can scale without more resources required.