3 minute read
Multi-Currency Transactions in Shopify Epicor Integration
In today’s global marketplace, businesses often have to deal with customers from all over the world. This means that businesses need to be equipped with tools and systems to handle multiple currencies, thus enabling seamless transactions for their customers. For eCommerce businesses, integrating their platform with an enterprise resource planning (ERP) system like Epicor is essential for managing complex operations. In this blog, we will discuss how the Shopify Epicor integration supports multi-currency transactions.
First, let’s understand what the Shopify Epicor integration is. Shopify is a popular eCommerce platform that allows businesses to set up an online store and sell products worldwide. Epicor, on the other hand, is an ERP system that helps businesses manage core processes such as inventory, accounting, and order management. Shopify integration with Epicor allows businesses to streamline their operations, increase efficiency, and provide better customer experiences.
One of the biggest headaches for businesses that sell globally is dealing with multiple currencies. With the Shopify Epicor integration, businesses can easily manage multiple currencies in their system. This means that businesses can display the prices of their products in their customers’ local currencies, making it easier for them to make purchases. Additionally, the integration allows businesses to automatically update the prices of their products based on current exchange rates, ensuring pricing accuracy and consistency.
Another key feature of the Shopify Epicor integration is its ability to support real-time currency conversions. This means that when a customer makes a purchase, the transaction is immediately converted to the business’s base currency for accounting and inventory purposes. It also allows businesses to view and manage inventory levels in their base currency, making it easier to forecast and plan inventory management.
Additionally, the integration also allows businesses to have a seamless payment process for customers. By using payment gateways, customers can pay in their local currency and the transaction is converted to the business’s base currency in real time. This eliminates the need for manual conversion and reduces the chance of errors.
Overall, the Shopify Epicor integration provides businesses with a comprehensive solution for managing multi-currency transactions. It not only simplifies the process of dealing with different currencies, but also improves the overall efficiency and accuracy of their operations. With this integration, businesses can serve a global audience, expand their reach and provide their customers with a seamless shopping experience.