Retailers pursuing aggressive e-commerce and omnichannel initiatives need the best performance from both their ERP and point-of-sale (POS) solutions. In many cases, that means their software ecosystem includes solutions from different vendors.
Integrating the POS and ERP is critical to remain competitive. If you are running leading retail ERP solutions like Sage X3 or Sage 300, but do not have them integrated with your retail POS system, you are not operating as efficiently as you could be. Siloed software is a detriment to your entire retail business, and could be robbing your company of important benefits that could reduce your costs and improve your omnichannel capabilities.
From In-Store to Online
iVend POS is a point of sale designed for an omnichannel retail world.
In the past, Sage X3 and Sage 300 integrations have been challenging (and in some cases, impossible). However, the flexible, ERP-agnostic approach taken by iVend Retail can help accelerate this type of integration while generating real business benefits.
The Benefits of a Combined POS and ERP
With an integrated approach that allows for sharing data between the back-end management solution and the point-of-sale, retailers can benefit in a number of ways:
- Streamlined processes: By eliminating labor-intensive, manual processes to move data from one system to another, back-office operations will become more efficient. This connectivity will also improve data visibility, allowing retailers to make better decisions about marketing, purchasing, merchandizing, and labor optimization.
- Cost savings: An integrated ERP/POS approach also improves inventory management processes. Retailers can operate a single stock pool, optimize inventory, lower stock rations, manage inventory to match demand, and track inventory movement in real time. This is critical for omnichannel operations.
- Profitable omnichannel retailing: With truly connected solutions, retailers can manage an online store that is fully integrated with their inventory, order processing, shipment tracking and payments solutions. They can also maximize sales by being able to implement an integrated sales growth and promotional program across all channels.
Sage X3 and Sage 300 Integrations with Your POS
Integrations with Sage ERPs have traditionally been clunky. In the past, porting other software products to these solutions has been challenging because there are inherent barriers to the free flow of data between systems. Some allowed for manual synchronization of data, which offers the impression of a connected system, but does not result in a true integration environment. This approach was labor intensive and difficult to maintain, particularly as these manual processes had to be restructured every time there was a software update.
Now software developers on both the ERP side and the point of sale side realize there is a growing need to engineer products that can function together as a unit – to the benefit of both solutions.
When looking for a point of sale system that can handle a Sage X3 or Sage 300 integration, it is vitally important to choose one that can offer a true, seamless integration or else you will find yourself in the same situation of creating workarounds to get the functionality you need.
That means the POS system needs real-time connectors that can allow seamless integration with the ERP solution. iVend Retail supports this connectivity via Open APIs that allow third-party software to interact with the underlying components of the solution without heavy coding or proprietary processes. The Service Oriented Architecture (SOA) based API framework supports Simple Object Access Protocol (SOAP) payloads in the XML protocol, so partners and customers can use existing, familiar platforms for the integration.
The POS solution also needs to be flexible. iVend Extensibility, for example, allows users to create and expand functionality to help retailers enter new microverticals or fill in functional gaps for other applications like scheduling, rentals, or vertical-specific tools.
The solution can be easily adapted to fit retailer- or vertical market-specific needs, and allow for growth as those needs evolve.
Sage products are known for flexible financial and operational management that unifies manufacturing, inventory, sales, and customer service and a Sage X3 and Sage 300 integration with your POS is a vital component of a successful retail environment.