The #1 Cloud ERP for E-Commerce eVanik One World Suite is one of the best cloud based ERP for complete e-commerce back office management suite, encompassing Inventory/Financials/Sales/Automation for more than 12,000 customers. Trusted by more than 12,000 Customers Hi there Lots of people have asked me why we built eVanik. Awesome question since there were … Continue reading "OneWorld Suite"
Grow your Brand on Ecommerce Channels Smarter Grow your brand with eTraky which is the most comprehensive e-commerce Tracking Software Ever! Everything You Need from an Ecommerce Brand Software One Login. Multiple Powerful Tools. Full Suite of Product and price Analytics Allows You COMPLETE CONTROL of Your Business LIVE Product UpdatesWatch your product stats, ranking, and … Continue reading "Importance of MultiChannel Inventory Management"
Business profitability and inventory management are hand in glove.One of the biggest reasons for business success or failure is how the inventory was managed there. In e-commerce marketplace scenario, inventory management becomes even more critical and hence it’s of utmost importance to have a seamless and centralized ecommerce inventory management software. Marketplace business especially in … Continue reading "Inventory Management Software"
E-COMMERCE SELLERS JUST GOT SMARTER Empowering sellers to skyrocket business with predictive deep learning machine algorithms Scroll down to find out more! SELLING ON E-COMMERCE MARKETPLACES,BUT NOT AS YOU KNOW IT Accurate prediction and forecasting of sales cycle across channels Enabling inventory management and optimization Maintaining the right pricing opportunities without losing sale Ensuring profitability … Continue reading "Artificial Intelligence"
The reconciliation of accounts receivable is the process of matching the detailed amounts of unpaid customer billings to the accounts receivable total stated in the general ledger. This matching process is important, because it proves that the general ledger figure for receivables is justified. Management of accounts receivable is important because the timing of receivables … Continue reading "Payment Reconciliation"
Returns in E-commerce business is like a ticking time bomb, unless there is timely control exercised on time. Returns Reconciliation is the most necessary step to check revenue leakges. Every retailer or wholesaler faces the daunting challenge of managing product returns. In order to build stronger relationships with customers and create an opportunity to recover … Continue reading "Returns Reconciliation"
What’s On Paper,And What’s Real Every ecommerce seller has to master inventory management – the process of fulfilling ordering, warehousing, supplier manager and shipping on time. It doesn’t matter if you do it on paper, using a spreadsheet or using online software. There is always something to learn and new ways to improve ecommerce inventory … Continue reading "Inventory Reconciliation"
What is GST Return Form? Each month a deal of your business is recorded in this month. GSTR-1 Returns is to give details of things written below. Which goods, how much, when and how many have sold in the month? Which goods, how much, when and how many have bought? How much GST have you … Continue reading "GSTR-1 Reporting"
Tally PRIME is the most widely used accounting software by small and medium businesses in India. Organizations deploy Tally PRIME for accounting and bookkeeping, financial and inventory management, sales and purchase management, invoicing, reporting, and MIS. Relevant business data like inventory records, financial transactions, creditors and debtors lists, sales records, and even taxation details are … Continue reading "Tally Prime Integration"
GLOBAL GROWTH WITH LOCAL FLAVOURS. We’re making it simple like a switch —from on boarding to supply chain to operations —so that you get to global markets faster with successful ecommerce experiences that accelerate your growth. Making Global Ecommerce as Simple as Domestic Avi Jain I'll be using eVanik OneWorld Suite to reconcile and account … Continue reading "Importance of MultiChannel Inventory Management"
eVanik Shopify We’re here to make your life easier and cut down on the time you spend shipping and fulfilling. Shopify is here to make the business of selling online easy, beautiful, and affordable through Shopify. Together, we can help you sell and ship out all of your orders quickly and easily! Check out how … Continue reading "Shopify Integration"
Reconciliation | Accounting Back Office Operations 300 Orders per month 3 Marketplace Channels Reconciliation, Returns Management, Accounting Integration Email / Chat / Ticket Support OFFER Subscribe today the annual plan and get a bonus 1 month of extra subscription free View annual plans Reconciliation 600/- Checkout Accounting Integration 1500/- Checkout
The Platinum PlanFor the Platinum Sellers. Yes, it Shines ! Manage 200 plus daily orders and returns, reconcile and integrate with your accounting ERP.Track profits, Manage Inventory and lots more for the Top-Sellers. eVanik Networks has been particularly sensitive to the growing needs to eCommerce Sellers in India. While the software is on an ever-evolving … Continue reading "Platinum Accounting Pro"
Let's talk about your Enterprises Plan If your eCommerce business on marketplace platforms is doing well, you're probably thinking about the next stage in its evolution. Moving from semi-automated back-office operations to a seamless and efficient operating infrastructure with a world-class and awarded automation tool should be on the top of your priority list. eVanik … Continue reading "Talk about our Ultimate Plan"
Multichannel inventory management becomes important for online sellers who often get confronted with the problem of managing a common / centralized inventory across various channels including their own website, offline store and e-commerce marketplaces. The buyer journey and preference especially on e-commerce marketplaces is largely unknown to the sellers and the need to be optimally stocked up on all channels is the key requirement to win the sales race. Loss of orders due to stock outs and over ordering due to inventory not updated on-time, everytime can lead to serious business disasters. Sellers would tend to spend more money on the inventory carrying cost than the amount spent on buying the inventory itself. Also the stock which a seller is carrying has depreciation and devaluation risk due to obsolescence or expiry dates. Hence the need to optimize stocks through a robust multichannel inventory management system is essential. Timely reordering and getting on-time stock alerts is also one of the important parameters when building your inventory management system.In simple words, the opportunity to reach your customers / audiences on their preferred channels at all their journey points is called multi-channel management. While this can be done at a very raw and basic level manually, there are good multi channel ecommerce software available in India and globally to solve this problem.Most buyers are now using marketplaces like Amazon, Flipkart, Etsy, eBay etc to buy products. Their search behavior is largely dependent on many things like listing quality, product rating etc, but more importantly the availability of the product is the key for them to make the spot decision. As a seller it’s most important to be on that spot all the time.For a seller it gets harder with more channels and more SKUs to manage as the business keeps growing. This often leads to late orders, penalties, higher return rates and dissatisfied customers. Also, customers really don’t care about the problems or the efforts which sellers face for fulfilling their orders. Their single motto is to get a great shopping experience and be well taken care of. Overselling is also a key pain area. More than getting penalized for unfulfilled orders, it leads to embarrassment and pain of losing customers. Multichannel inventory and order management software will allow you to create powerful and easy integrations with unlimited channels and give you access to a dashboard from where you can manage and control your inventory and orders centrally. Agile platforms will start building their own inventory from the first channel that you connect. This could possibly be your best or biggest sales channel. You can use this inventory or modify it to publish it across all your channels. Syncing stock level across your multi channels regardless of how and when they were changed will relieve you from all the problems of managing inventory. A good inventory management software will let you check your stock from anywhere, whether you are at home or even enjoying a vacation with family anywhere in the world.A lot of sellers try to execute their multichannel order management requirements through spreadsheets like Excel or building custom algorithms in the Excel spreadsheet. But this may not be the right method, as excel is an offline utility and does not have the capability to consume real-time information of orders and inventory coming through various platforms. Real-time inventory synching is crucial to success to get the multichannel inventory and order processing right. Because this delivers strong fulfillment rates, loyal customers and great reputation with marketplaces. A good multichannel inventory management system will also help you in linking your duplicate SKUs and managing bundles and product combos. A great tool which connects your products, orders and inventory of all your channels including your marketplace channels, offline store and website is absolutely essential for succeeding and growing your business in a multichannel business environment. This is how a seller can focus more on business and not on inventory. If you are selling on international marketplaces, one of the advantages of having a multichannel e-commerce order and inventory system is that the seller will have the ability to reach out his products to international customers without needing to invest in physical warehouses.Due to COVID-19,it has become even more important that you save your valuable time and power up the efficiency of your business. Invest in a good multi channel inventory and order management system for your marketplace and e-commerce business..