123ArticleOnline Logo
Welcome to 123ArticleOnline.com!

ALL >> Computer-Programming >> View Article

Benefits Of B2b E-commerce Solutions

By Author: Sandeep Arora
Total Articles: 14

The business world is no longer as it was a couple of decades ago. Back when eBay was merely an online bidding platform for the most random home clutter and Amazon was nothing but a glorified online bookstore, e-commerce wasn’t taken as seriously. Today, these websites are among the biggest online retail authorities not only in the United States but also in the entire globe—and their success more than proves the value of e-commerce in business. These online retail outlets have caused a great boom in electronic commerce and more and more businesses are seeing the internet as a potent venue for marketing and selling their products and services.

Businesses of all sizes are adapting the practice, ranging from large companies such as Apple, which now reaps substantial revenue through iTunes, to retail giants such as Wal-Mart and smaller online concept stores, including daily deal sites such as Living Social and Group on. With the ubiquity of the internet, it only makes sense for B2B companies to adopt the E-Commerce concept. Below are the most important e-commerce benefits that are simply too good to let pass:

• Wider reach minus the inflating costs – The internet, and now the cloud, provides real, practical, and reliable methods of delivering technology to companies. With SaaS or software as a service solutions, business growth is possible not only through online service delivery to consumers but also by allowing companies to contain and maintain operations without having to invest in physical offices and outlets in every city in order to accommodate the same level of growth.
• Automated transactions – There is merit to the business concept that what can be automated should be automated. Automation doesn’t only make business processes simpler and easier, it removes the prospect of human error. An e-commerce site where all transactions run automatically minimizes, if not eliminates, mistakes while also promoting transparency as you get to keep record of each and every business transaction made.
• Streamlined payment collection – Another major advantage of having an e-commerce solution in place is streamlined payment collection. Not only do companies get to charge and collect instantly, they also simplify recurring payments, which offers convenience for both the client and the business.
• Round the clock operations – When brick-and-mortar establishments have to close their doors to clients outside business hours, there is simply no downtime for e-commerce websites, which means having the ability to continue operations and make revenue well beyond the traditional business hours.

More About the Author

Knack Systems is a Premium Gold Partner of SAP with a focus around Customer Management, which includes Cloud Solutions, Hybrid Solutions, Marketing, E-commerce, and Analytics. Knack Systems provides end-to-end services in SAP transformation programs, including solution roadmaps, implementations, integration services, rollouts, support, upgrades, testing, and package evaluations.

Total Views: 23Word Count: 407See All articles From Author

Computer Programming Articles

1. Overview And Features Of Java
Author: Become a Java programmer by joining Advanced Java

2. Pridesys It Ltd | Best Erp Software In Bangladesh | Garments Software Bangladesh
Author: A S M Rahat Khan

3. It Organizations Are Choosing H2s Training? Why
Author: Hrithvik Pankaj

4. Top 10 Php Tips For Web Developers
Author: infocampus

5. Finding The Right Mobile App Development Company For Your Business
Author: Shawn Bennet

6. Everything You Need To Understand To Start With Angularjs
Author: Ascent Softwae

7. How Is A Mobile App Development Team Set Up?
Author: Amit Tiwari

8. 10 Mistakes What Android Developers Do
Author: Mohan

9. How To Troubleshoot Microsoft “click-2-run Configuration Failure” Error?
Author: Ellie Williams

10. 10 Killer Tools For Web Designing Coding
Author: infocampus

11. Which Is A Pforessional Manufacturer Of Fine Chemical
Author: pudding

12. Difference Between Mongodb And Couchbase
Author: amar

13. Effecting Better Response Through E-mail
Author: Uma Maheshwari

14. Explain In Detail About Java Virtual Machine
Author: Individual

15. Android O: Looming Features To Look For In This Updated Android Version
Author: SAkina ArShad

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: