GSI Website Blog 2023

Optimize Your Ecommerce with NetSuite and Shopify

Written by Shawn Scanlon | Sep 11, 2024 2:40:02 PM

 

Balancing operations across Shopify and NetSuite can be a complex challenge.  To streamline your processes and maximize efficiency, consider integrating these platforms.  The NetSuite Connector automates data transfer between Shopify and NetSuite, ensuring real-time synchronization and streamlining your NetSuite eCommerce processes. 

How the NetSuite Connector Works 

The NetSuite Connector automates data exchange between Shopify and NetSuite, ensuring real-time synchronization.  When a customer makes a purchase from your Shopify store, the following actions occur: 

  • Cash Sales:  For orders that do not require an item fulfillment within NetSuite, the connector creates a cash sale transaction directly into NetSuite, capturing essential details such as the customer’s shipping information, product details, quantities, prices, and payment events.  This sync also generates the necessary accounting entries to record revenue and any related expenses. 
  • Sales Orders: For orders requiring an item fulfillment, the NetSuite Connector creates a sales order in NetSuite, outlining the products ordered, quantities, customer’s shipping details, pricing information, and also records a payment event. The sales order transaction serves as a foundation for subsequent order processing, including inventory allocation, shipping, and invoicing. 

Converting Your Sales Orders to Cash Sales When a payment is received for a sales order and in turn the order is fully fulfilled, NetSuite can convert the sales order into a cash sale transaction. This process involves creating a cash sale record, applying the received payment to the cash sales transaction, and generating the necessary accounting entries to reflect the cash receipt (monies received) and revenue recognition. 

Why Businesses Choose a Shopify and NetSuite Integration 

Managing various platforms for your eCommerce business can often lead to inefficiencies and mistakes.  As you consider ways to optimize your eCommerce operations, remember that the right integration can be a game-changer, transforming challenges into opportunities for success. 

Integrating Shopify with NetSuite can significantly transform your business operations.    

Here's Why  

Streamline Your Work: Reduce manual data entry and start automating. Let Shopify and NetSuite talk to each other.  This will save you time and reduce errors.  

Speed Up Order Fulfillment: From order placement to shipment, a seamless integration can drastically cut down on processing time.  

Analytics and KPIs: Combine data from both platforms to get a clearer picture of your business, resulting in better decision-making and increased profitability.  

By integrating NetSuite and Shopify, you can streamline operations, improve data accuracy, and enhance overall business performance. Check back next month for more info from GSI! 

 

 

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CONSIDER GSI AS YOUR NETSUITE IMPLEMENTATION & SUPPORT PARTNER

Ultimately, businesses implementing NetSuite need help from a partner who is both an expert in NetSuite and ready and able to consult on the client company’s pain points and objectives.

Using a knowledgeable implementation and support partner, you can roll out a transformative business software system to address current pain points and build a stable relationship with experts who can help adapt and scale the platform as your business grows.

GSI is the #1 Ranked NetSuite Solution Provider by G2, with a senior-level, 100% US-based NetSuite implementation and NetSuite support teams, all of whom average 10+ years of experience in the NetSuite ecosystem. By applying industry best practices and insights, we enable clients to fully leverage NetSuite, enhancing their processes, decision-making, and performance. Our team collaborates closely with clients to align NetSuite's capabilities with their strategic goals, fostering long-term partnerships through transparent communication and ongoing support.