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Home›Shopping›High Risk Merchant Account

High Risk Merchant Account

By Rose Rush
April 1, 2021
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Are you considering ERP (enterprise resource planning) integration? To enjoy a successful integration, you should be aware of the challenges that you may face. This article discusses common challenges and also helps you with a secure and cheap high risk merchant account you might need.

ERP Integration & High Risk Merchant Account

Think of eCommerce integration as the process of coordinating a company’s website and its back-end accounting, inventory, and ERP system. A well-performed integration can help you with a successful flow of information between the 2 systems, requiring you to just enter data into the system once.

ERP integration can make things significantly easier for you. It’s no less important to have the right payment processing solutions in place. You can do this easily by working with an expert payment processor. This way, you can be sure to get easy approval for a low or high risk merchant account and start accepting payments from your customers.

ERP Integration Challenges: What to Do

ERP solutions integration with eCommerce platforms is associated with some common challenges. Let’s have a look at them:

  1. Focus on quantitative and not qualitative expectations. Have a clear set of quantifiable expectations, including sales growth numbers, the increased growth percentage, and improved customer experience.
  1. See whether you need to synchronize customer price lists, price groups, price levels, and even credit limit, as well as open orders balance and remaining credit.
  1. When it comes to shipping charges, make sure the shipping providers used in your ERP aren’t missing from your eCommerce platform.
  1. Pay special attention to phone order management and ensure your customer service can access the same promos and discounts on a phone order as an eCommerce order.
  1. When it comes to taxes, ensure there’s no recalculation of taxes again for every order.
  1. By using the same payment gateway for both your ERP and your eCommerce solution, you can reach the highest level of flexibility.
  1. As for the API (application programming interface) limits, the use of APIs plays a crucial role in the communication of data between your ERP and eCommerce system.
  1. Don’t leave testing in ignorance: it has a direct correlation with successful integration.
  1. Have clear intentions about a long-term scenario. Plan for the long term so you can figure out the integration impact on your company’s future.

So, ERP system installment has a direct effect on your entire business. The process is associated with several common challenges that you should be well aware of. Otherwise, you won’t be able to choose and implement the right ERP solution for your company.

Author Bio: Blair Thomas has been a music producer, bouncer, screenwriter and for over a decade has been the proud Co-Founder of eMerchantBroker, the highest rated high risk merchant account processor in the country. He has climbed in the Himalayas, survived a hurricane, and lived on a gold mine in the Yukon. He currently calls Thailand his home with a lifetime collection of his favorite books.

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