Online Selling and Taxes in 2021: What to Know Now

Online Selling and Taxes in 2021: What to Know Now

COVID-19 has changed our daily lives in many ways. More than ever, consumers around the world are relying on online shopping and ecommerce businesses to safely shop from home. This has led many sellers to embrace ecommerce or expand their online presence. According to Signifyd, ecommerce sales were up 104% in June 2020 over June 2019, and 99firms reports that 80% of Internet users in the US have made at least one purchase online in 2020.

While some of the world’s changes during 2020 will prove to only be temporary, the rapid increase in ecommerce will have a lasting impact on businesses around the world. As a result, governments around the world are implementing new tax policies for 2021. Although taxes can be overwhelming, they are a necessary aspect of running a successful business. In this article, you'll get a quick rundown of ecommerce sales tax and compliance and regulations to be aware of in 2021.

What is eCommerce Sales Tax?

Sales tax is calculated by tacking on a small percentage of a sale by an online retailer. There is no national sales tax in the United States, but 45 U.S. states and the District of Columbia have a sales tax. Additionally, many cities and local areas are allowed to tack on a special sales tax. Online realtors will need to be aware of different sales tax laws and rules when calculating sales tax for consumers across the country.

Online retailers are responsible for charging the correct amount of sales tax and remit the taxes collected back to the appropriate state. To know if you owe taxes in a certain state, there are two concrete rules: your business has sales tax nexus in the same state as your customer and the product you are selling is taxable in that state.

If you are an online retailer with some connection to a particular state (nexus), you are on the hook for paying sales tax. However, there are certain exceptions for some states. Additionally, you’ll always have nexus in your home state. Here are some factors that determine whether you have nexus in other states:

  • Physical location: office, warehouse, branch, etc.
  • Inventory: storing inventory in a state will cause nexus (even if you have no physical presence of personnel there)
  • Personnel: employees, sales people, distributors, or any other person doing work in a state for your business will qualify you for nexus
  • Economic nexus: you exceed a mandated amount of sales in a state or you make over a certain amount of transactions
  • Affiliates: If someone who advertises your product in exchange for cut of the profits lives in a certain state, you qualify for nexus in that state

For more specific information about sales tax nexus by state, check out the Economic Nexus State Guide.

Stricter Enforcement in 2021

Economic nexus laws (as described above) and marketplace facilitator laws were originally implemented in 2018 to drive revenue for tax authorities through the collection of taxes owed on online sales. However, enforcement of these laws has been minimal because authorities wanted to give sellers and marketplaces time to understand and comply with the new regulations.

However, in 2021, the grace period has ended. The increased consumer interest in ecommerce and the economic impact of the global pandemic has catalyzed enforcement for 2021. Many states have utilized AI and data mining techniques to efficiently pinpoint non-compliant businesses and remote sellers.

Get Compliant

Before applying for a sales tax permit, determine that you have a nexus in a state and that you’re selling taxable items there. Now it is time to get compliant and register for a permit. To do this, contact your state’s taxing authority. Next, set up a system to start collecting sales tax online. Determine whether you should collect “origins-based” or “destination-based” taxes. Finally report and file sales tax according to a predetermined schedule (monthly, quarterly, or annually).

Wrapping it Up

Taxes are an essential part of any business. If you are selling a significant amount of products or services online, it is worth it to invest in software that automatically calculates sales tax for transactions. aACE enables you to easily set up tax profiles for every state and individual jurisdiction where you do business. And for more complex requirements, our integration with Avalara AvaTax uses geolocation for precise, up-to-date tax rates every time you make a sale. To learn more about the aACE+ AvaTax integration, check out our feature highlight.

4 Ways to Streamline Operations and Delight Customers in 2021

4 Ways to Streamline Operations and Delight Customers in 2021

For companies across every industry and function, 2020 will forever be a defining year – and as we transition to a new normal, 2021 is shaping up to be just as pivotal. Although some businesses have struggled to meet changing customer expectations, it’s safe to say that some behaviors prompted by COVID-19 are here to stay. According to a recent study by Blake Morgan, post-pandemic, consumers will care even more about customer experience.

Companies that are stuck in a routine and fail to adapt to new demands will be left behind. One critical way to modernize operations and enhance customer satisfaction is to simplify processes and pinpoint redundancies that need to be eliminated. Minimizing the amount of steps to accomplish tasks allows businesses to save time, costs, and focus on high-quality products and services, with fewer errors and delays.

An efficient and automated enterprise resource planning (ERP) software solution can help streamline multiple disparate systems into a single easy-to-use platform. Now more than ever, ERP solutions are critical for enterprises who are looking to improve efficiency and better serve customers. Here are a few ways to use an ERP solution to streamline operations, save time, and delight your customers:

Deploy an Advanced CRM

Strengthening the relationships with your customers requires an understanding of who they are and what they want. However, your relationship and understanding of your customers can not be separate from the rest of your business — you risk data duplication, decreased visibility, limited cross-departmental collaboration and more.

With data aggregated and key business functions collaborating on the same platform, customer service can significantly improve. While an ERP and CRM solution can offer benefits on their own, an integration allows you to take advantage of what both have to offer. Seamlessly move customers from lead to conversion within a frictionless environment — track customer journeys, manage communications, and get insights on behaviors that will help you better meet their needs.

Optimize Customer Facing Workflows

By integrating your sales and service data with marketing and finance, you’ll be able to identify pre- and post-sales processes that need attention and improvements. A strategically implemented ERP can help you eliminate the pain of waiting for updated sales figures and inventory schedules. Instead, real-time reporting will allow you to reduce bottlenecks and adopt a flow. According to a study forecasting the growth of ERP software through 2026, the primary factor driving the growth of the ERP software market is the rise in need for operational efficiency and transparency in business processes.

One of the best ways to optimize workflows and boost performance is to standardize processes. Standardized workflows enable automation, reducing the need for manual labor and the possibility of human error. It’s important to remember that standardization requires careful thought and must be balanced by customization. Once properly implemented, however, your business can grow sustainably and meet customer expectations.

Get Your Time Back

A recent study found that small businesses with ERP systems can make decisions in 36% less time than businesses without these vital solutions. By centralizing previously siloed systems, time becomes a readily-available resource. A well-designed and strategically implemented ERP will centralize essential business functions, automate processes, and make daily operations more efficient. This newfound time and freedom isn’t reserved for one department — sales, operations, finance, IT, production, marketing, and more will all benefit. With less time spent on manual and routine tasks, your team can focus on the most important objective: the customer.

Create a Seamless Path to Purchase

Loyal customers are created during an efficient, transparent, and automated order fulfillment process. By centralizing operations in an ERP solution, enterprises can utilize data to create an expedient, cost-efficient, and frictionless order process. A smart ERP will enable comprehensive automation capabilities, modernizing the order capture process and accelerating order fulfillment. This enhanced efficiency helps to delight new customers and retain existing ones.

Looking Forward

In order to maintain the momentum we built in 2020 and grow in 2021, businesses need to look for software and tools that can help them build more efficient processes and prioritize servicing the growing expectations of their customers. In order to streamline processes, siloed systems have to begin to talk to each other and a business flow needs to be uncovered and maintained. A sound ERP solution can help your business grow sustainably, decrease bottlenecks, and foster meaningful relationships with customers.

Choosing the right ERP system starts with evaluating the goals of your business. At aACE software, our mission is to help small-to-midsize business owners increase their efficiency and improve their bottom line. Our single, comprehensive business management solution is easy-to-use and is meant to compliment your long-term vision. For more information, contact us to be connect with an aACE partner.

7 Important Features to Look for in a New Accounting Solution

7 Important Features to Look for in a New Accounting Solution

There are a lot of important behind-the-scenes team members across companies of all sizes that quietly keep the company going. They’re critical to your success and bring special skills into your environments to ensure everything runs as smoothly as possible. Your accounting team, for example, helps ensure that you literally keep the lights on, employees get paid, invoices and bills go out, payments come in, and your books are balanced.

If you’re a small or mid-sized business (SMB), your accounting team could be as small as one or two people, who wear many hats to keep the money flowing. From budgeting and forecasting to tracking and completion, there are a lot of moving parts in ensuring your ledgers are always accurate and up-to-date.

Unfortunately, for many SMBs, these processes can be complicated, tedious, and often require manual inputs of data, or a lot of imports and exports of data, to move information from one system or database to another. When you have a small team where the responsibilities fall onto just one or a few people, it can be a headache when just one person gets sick, takes time off, or moves on from the company.

And while many executives see the benefits of using modern accounting software, few have the time or financial resources to make the switch and many fear downtime if they try to innovate. Accounting is often the place within a company where the “if it ain’t broke, don’t fix it,” mentality drives business.

But choosing and implementing a new accounting program doesn’t have to be so scary. With the right research and input, you can easily streamline your operations, improve efficiencies, remove duplicated manual tasks from multiple workflows, and even make your employees happier by reducing the stress and worry of human errors and never having enough time to focus on more pressing matters. Often, the reduction in staff time and decreased errors is enough in itself to offset the investment and shore up the ROI on a new accounting solution.

If you’re considering a change and are ready to look at new or upgraded accounting platform, here are 7 features to consider:

Budgeting and Forecasting

Have you ever had to create a departmental or bigger budget and struggled with importing numbers into a spreadsheet or on paper, looking across a growing list of fields and cells, trying to make sense of past performance and guesses about the future? Budgeting and forecasting doesn’t have to be that time-consuming or complicated. When considering a new accounting solution, look for one that also has budget and forecasting features. Having all your financial data in one place — across all your divisions — in one solution can help you do that easily. And, with access management and related controls, you can even share this data with other people, ensuring they can only access exactly what they need, so budgeting is simplified across your entire organization.

Recurring Transactions

All companies have routine and recurring transactions. If you have recurring transactions, stop doing them manually. Instead, look for accounting software that will automate these transactions, enabling you to configure your parameters and approval processes and then let the system handle it for you. Also, consider an accounting solution that will send you alerts or notifications if you encounter anything outside your pre-set baselines so you’re never caught by surprise.

Cloud, On-Prem, or Hybrid Options

An increasing number of businesses are moving solutions and data management to the cloud, especially in light of the coronavirus outbreak and the growing number of remote workforces around the globe. Each business has its own criteria about if it needs a cloud-hosted, on-premises, or hybrid solution, so it’s important to look for an accounting solution that doesn’t just meet those needs now, but is also set to scale and change with you in the future.

Multiple Entity Management

Budgets and ledgers are often complex. How you track your accounting needs is likely unique for your specific business. There are a range of factors, for example, across departments, across divisions, across locations, based on region, or even product or service-based. Whatever your company setup is, if you’re considering a new accounting solution, you’ll want to make sure it supports management of multiple entities and does so in a simplified, easy-to-understand way. Look for an accounting solution that enables you to have both a big picture understanding of your company as a whole, all the way down to a granular level, so you always have comprehensive insight into your company’s financial health.

It’s All About Integrations

Integrations are key for your accounting solution. Many companies won’t even consider a new tool because sometimes purchasing one means other operational systems, for example your invoicing platform, won’t work with it. That’s why it’s critical to look for an accounting system that integrates simply with your existing systems and applications – or replaces them entirely – so you can easily pull data from one area to another and not have to do manual imports, exports, or inputs.

You’ll want a solution that integrates across many parts of your business, for example from sales lead to products and inventory ordering and management, through point-of-sale, billing, accounts receivable, shipping, distribution, and more.

Security and Privacy

If you’re dealing with personally identifiable information (PII) or other sensitive data, it’s likely your company is subject to a range of compliance and regulatory standards. Your accounting software must meet those same standards, too. When choosing an accounting solution, take a deep dive into its security practices. Select a tool that you can be confident will meet all the requirements in your contract and service level agreement (SLA) and be sure to conduct regular audits to make sure security and privacy always stay front of mind.

Reports and Analytics

Earlier, we touched on the importance of selecting an accounting solution that helps you manage multiple entities from a broad scope all the way down to a granular level. Similarly, you’ll want to look for an accounting solution that will also enable you to create customizable reports based on this and other criteria. Each accounting team needs to produce various report types, some for internal audits, some for external audits, some for compliance, and others just for insight. Be sure the accounting solution you’re considering will let you build the reports you need — quickly and easily — so you can communicate important information to all of your stakeholders.

These are some of the many features you should consider when selecting a new accounting solution, but you may have other requirements that are unique to your organization. Need help? Contact us today to be connected with an aACE partner to help answer your questions and get you headed in the right direction.

On-Demand Webinar: aACE+ ReadyShipper Shipping Integration

On-Demand Webinar: aACE+ ReadyShipper Shipping Integration

aACE seamlessly integrates with ReadyCloud's ReadyShipper, a best-of-breed shipping solution that puts lightning-fast fulfillment at your fingertips. Last month we were joined by guest presenter Brandon Batchelor, Director of Sales and Partnerships at ReadyCloud, to walk our audience through the ReadyCloud side of the aACE+ ReadyShipper integration. We're delighted to share his presentation on-demand.

In this video, you'll see a batch of orders in aACE go through the fulfillment process in ReadyShipper, then see the related costs and tracking numbers have been updated in aACE in real time. You'll also learn:

  • How data flows from aACE to ReadyShipper and back
  • How to customize views in ReadyCloud to see only the data you need, when you need it
  • How to check the status on individual shipments
  • How to send Action Alerts to customers based on specific events, like an order going out for delivery
  • How to split shipments into multiple boxes
  • And more!

Our thanks go out to Brandon for this fantastic presentation! Watch it on-demand below:

 

And to learn more about our aACE+ ReadyShipper integration, check out our short demo video to see the aACE side of the Pick, Pack, and Ship process below, then read our success story on Southwest Auto Accessories to learn how a real small business has increased their velocity thanks to this seamless integration.

"When we first opened, we shipped maybe 20 packages that month, and now we’re probably shipping 20 packages a day. Once the orders are transmitted to ReadyShipper, processing a package to get it ready to ship takes seconds — it doesn’t take minutes, it takes seconds — to complete the transaction and have the package ready to ship." - Lane Carter, Co-Founder, Southwest Auto Accessories

5 Ways Manufacturers Can Improve Sales Tax Compliance

5 Ways Manufacturers Can Improve Sales Tax Compliance

How can manufacturers improve sales tax compliance? Collection, remittance, and reporting requirements can be particularly challenging for manufacturers that make both taxable and exempt sales and use drop shippers. Here are five steps manufacturers can take to streamline sales tax compliance.

1. Understand sales tax nexus

Nexus is the connection between a business and state that allows the state to impose a sales tax obligation on the business. If you have nexus in Texas, for example, you need to register with the Texas Comptroller, obtain all necessary licenses, and comply with all applicable sales and use tax requirements.

Physical presence in a state always creates nexus. Yet businesses with no physical presence can also establish sales tax nexus solely through their economic activity in a state. This is known as economic nexus, and it’s currently enforced in 43 states, plus Washington, D.C., and parts of Alaska.

Most state economic nexus laws provide an exception for small sellers. For example, economic nexus is created in California when a remote seller has $500,000 or more in total combined sales in the state in the current or preceding calendar year (the economic nexus threshold). New York’s threshold is $500,000 and at least 100 separate transactions during the previous four sales tax quarters. In Massachusetts, the economic nexus threshold is $100,000.

Sales tax nexus laws differ from state to state. Determining where nexus exists is the first step toward compliance.

2. Register with the tax authority

Like other businesses, manufacturers must obtain all required licenses and register to collect sales and use tax in states where they have nexus. As with nexus laws, registration and licensing requirements vary by state.

Small manufacturers operating in few states may need only a few licenses. Larger manufacturers operating nationwide likely need spreadsheets and dedicated personnel to ensure all registration and licensing requirements are met. Automating the process can make it go much more smoothly.

3. Calculate and collect sales tax

Manufacturers that make taxable sales of goods or services must collect sales tax for each transaction. Rates vary from state to state; in all but a few, local and/or special district taxes apply on top of the state sales tax. There can also be different rates for different products (e.g., alcohol or soda) or services.

Most (but not all!) states base the rate on the destination of the sale — the location where the consumer took possession of the product or received the service. With more than 13,000 tax jurisdictions, sales tax software helps ensure the right rate is assigned to each transaction.

4. Track exempt sales

Of course, not all transactions are subject to sales tax. Manufacturers often make exempt sales of normally taxable goods to other businesses. Sales to government entities or nonprofit organizations may also be exempt.

Every time a retailer doesn’t collect sales tax on the sale of a statutorily taxable good or service, it must collect an exemption or resale certificate from the consumer. These certificates must be stored and readily accessible so the exempt transaction can be validated in the event of an audit. Tax authorities always examine exempt sales.

5. Remit sales tax and file returns

After the close of each reporting period, registered businesses must report and remit the collected tax to the state (and where applicable, local) tax authority. Due dates and filing frequencies vary by state, as do other requirements: Many states require reports to be filed even when no tax was collected, and some states mandate electronic filing for certain sellers.

Avalara helps businesses of all sizes manage sales tax compliance in all states. To learn more, read 5 Steps to Managing Sales Tax for Manufacturers and check out our feature highlight on the aACE+ Avalara AvaTax integration.

About the Author

Gail Cole has been researching and writing about sales tax for Avalara since 2012. She has a penchant for uncovering unusual tax facts and endeavors to make complex sales tax laws more digestible for experts and laypeople alike. We are delighted to share her expertise with our audience!

Take Your Business to the Next Level with Our May Webinars

Take Your Business to the Next Level with Our May Webinars

As April showers give way to May flowers, join us to learn how aACE can help your business blossom. Last month we covered topics ranging from shipping to documentation; here's what we have in store for May:

Timesheet Administration – May 4th

Discover the many ways to track and record time in aACE. We'll explore time codes, timesheet approval, timesheet management access privileges, and more.

Scheduling (Calendar & Task Groups) – May 18th

Time is money, so learn how aACE can help your team stay on-task and on-schedule in this webinar. And to get a sneak peek at our calendar and scheduling features, check out our feature highlight and success story on the aACE+ DayBack calendar.

Multi-Entity Accounting – May 25th

Manage the financials for multiple locations – or even multiple businesses – in a single aACE solution. Take a sneak peek at this topic by checking out our feature highlight and Special EFX success story before the webinar.

We look forward to seeing you and hearing your questions in each of our presentations! Register now to reserve your spot.

Your CRM Can Help Build Customer Retention – Here’s How

Your CRM Can Help Build Customer Retention – Here’s How

Because of the coronavirus in 2020, which is continuing to affect many regions around the world in 2021, the business world has had to step back and adjust our strategies meeting customer needs. Not only have customers’ expectations evolved, but so have our delivery channels for many products and services. Many countries still have limits on social contact, making the old ways of doing business face-to-face and delivering products in a brick-and-mortar location increasingly challenging.

Many companies weren’t able to effectively adjust, choosing instead to shutter buildings, while others are continually working on new strategies to attract and retain customers. Hopefully, your business has found a way to survive—and thrive—during these challenging times.

Customer retention has always been a critical part of business success, but how do you do it successfully now under these new social conditions? And how can you ensure you’re meeting all of your customer needs while keeping them and your team safe?

If you haven’t already implemented a customer relationship management (CRM) solution for your business, now is the time. And if you have, there are several CRM strategies you can apply to your operations to help keep customers happy, deliver an outstanding personalized experience, and retain them for future business.

First, What Exactly is Customer Retention?

Customer retention encompasses all the ways you get an existing customer to stay engaged with your company, with the goal of getting that customer to purchase additional products or services from you. The longer your customers engage with you, the more you can learn about their behaviors, what they’re interested in, what they engage with most from your company, and what types of products and services they prefer with your company. If you’re using a CRM, especially one that integrates with your content management system (CMS) and your social media accounts, you can gather this and other data from your engagements for better data-driven decisions on how to interact with that customer and keep them engaged with your brand.

What is Customer Churn?

Customer churn is also known as customer attrition, and it represents the loss of customers from your existing customer base. A lot of companies ask the question, “What’s an acceptable churn rate?” The answer depends on your specific business. Basically, just remember you want your customer acquisition and customer retention numbers to be greater than your customer churn, or loss, rates.

Using Your CRM to Help Build Customer Retention

One of the benefits of using a CRM to engage with potential and existing customers is the ability to collect data about the customer that you can use to build a customer profile. By understanding who your customers are and what they want, you can deliver personalized content that leads them on a journey from product or service inquiry to a sale or purchase.

Think of it this way: Every customer has a problem that needs resolution and your company is there to provide that solution. Your product or service should address the customer’s pain point and, if you do so effectively, you can potentially retain that customer for an extended period — as long as the pain point exists and you can keep resolving it. It’s all about the buyer’s journey.

CRMs are great tools to chart a buyer’s journey all the way from a sales or marketing lead through the decision-making process all the way through final sale, and onto returning engagements. Some CRMs even have lead-scoring tools build it, which enables you to score what your company sees as the most valuable types of engagements that are likely to lead your lead to a purchase so you can focus on those and deliver personalized content and experiences that help facilitate that journey.

With your CRM, it’s all about the data—data collection, data analysis, and data-based decisions. Your CRM can collect this data and based on objectives and goals you set for engagements, you can create reports and review analytics to drive customers toward your goal.

On-Demand Communication Customers Want

Have you ever received an email from a business that left you scratching your head about why you got it? That’s a quick way to turn off customers from you. For example, if your data collection tells you that your potential lead is a 30-something, childless, unmarried female, you probably don’t want to send her newsletters with coupons for men’s shoes. You can use the information you collect through your CRM on the lead’s engagements to deliver personalized content about what the customer wants. Maybe in this case, it’s a pair of hiking boots for her next solo excursion outdoors.

And, in addition to helping you deliver personalized content, you can use your CRM to create automated engagements that help you engage with your customers on-demand, even if it’s outside of office hours. Let’s say, for example, you have a list of common questions you get from your customers. In the above example, maybe potential customers have questions about whether your hiking boots fit true to size. You’ve included it on your shop’s page under each item description, but it sometimes gets overlooked. Knowing that it’s an important question that could turn off a person from completing a transaction, you could use your CRM to automate answers to that FAQ in a number of ways, for example a chatbot embedded in your website or a personalized email that immediately recognizes the inquiry and sends out a fast, accurate response.

Other Ways Your CRM Can Help

Here are a few other ways your CRM can help you retain your customers and keep them happy:

  • Deliver ongoing, automated communications (delivered how they prefer, such as by text or emails) so you customers don’t forget about you
  • Facilitate automated engagements to let customers know about new product features, sales, or other promotions
  • Send personalized messages — not just in content delivery, but also addressing the customer by his/her name and acknowledging previous engagements with you
  • Engage in a two-way communication loop about customers’ needs, wants, and concerns
  • Manage your company’s brand and image by facilitating automated, approved messages and responses
  • Build trust with your customers by demonstrating a commitment to regulatory, compliance, and other mandated privacy and security measures to keep their data with your company safe
  • Facilitate cross-channel communication methods like email, texts, social media, your website, and more
  • Recognize potential points along the buyer’s journey where you may be at risk of losing a customer and facilitate engagements to encourage retention

These are some of the many ways a CRM can help you acquire and retain customers. Do you have questions about using a CRM or need help choosing the right CRM solution for your company’s needs? Register for an aACE webinar today to learn more!

7 Customer Relationship Management (CRM) Trends We’re Seeing in 2021

7 Customer Relationship Management (CRM) Trends We’re Seeing in 2021

The use of customer relationship management (CRM) software is increasing across many verticals, as a growing number of marketing and sales professionals are seizing opportunities to streamline messaging and workflows, while aligning departmental goals and objectives to the overall business mission.

In 2020, as customer expectations regarding delivery channels changed in light of the coronavirus pandemic, and as a growing number of businesses shifted to remote workforces, customer experience reigned for CRM focus. We can expect that to continue throughout 2021, but what else should we anticipate in terms CRM adoption, usage, and growth? Here are 7 trends we can expect to see:

In 2019, the global CRM market was estimated at more than $40 billion. In the next several years, that growth is expected to continue, with the marketing increasing more than 14% by 2027. In just the next three year, by 2024, it’s estimated the market will surpass $43 billion.

1. More Companies Will Adopt CRM – and SMBs Will Make Gains

Historically, large companies have led CRM adoption. Back in 2016, for example, more than half of CRM users were large enterprises. While small and mid-sized businesses (SMBs) have been a bit slower to adopt customer relationship management software, it’s on the rise. By 2027, if predictions on market size are accurate, that could level off with more SMBs using CRMs,  matching the usage patterns of large enterprises.

2. More AI and Machine Learning

While CRMs help automate tasks and deliver reports and analytics to help us track a variety of metrics and key performance indicators (KPIs), many busy professionals still struggle with understanding how to use the data their CRM collects. As a result, we’re likely to see continued momentum with artificial intelligence (AI) and machine learning (ML) integrations within CRM solutions. Not only will your CRM be able to gather the data you want, it will be able to help you make better data-driven business decisions by predicting behaviors and suggesting responses. Predictive analytics can help teams pinpoint customers faster, predict their behaviors, and create content and other deliverables that drive leads to sales.

3. On the Go with Mobile and the Cloud

As the pandemic forced more people out of the office and into working at home, businesses have had to rapidly adjust by adopting mobile and other applications that facilitate full business workflows outside the office. The same is true for CRMs, where team members need access to important customer information from wherever they are, any time, day or night. We can expect to see more CRMs adopt mobile-friendly options, as well as cloud-based solutions, to ensure workforces have access to all their CRM functionality whether in the office, at home, or on the go.

4. More Reliance on Automation

CRM automation not only makes jobs easier for your team members, but automation and ease-of-use for products and services delivery is ever-more important to your customers. By using a CRM with integration into your content management system (CMS) for your website and integrated point-of-sales solutions, you can ensure your customers have a simplified and streamlined way to do business with your company, while your CRM – especially if it’s integrated with your enterprise resource planning (ERP) solution – can automate everything from estimates to billing to shipping and customer service. Internally, process automation within your CRM will help ensure you’re also delivering consistent, approved messages, on-demand, with trusted repeatable actions to facilitate a sales journey.

5. Continued Emphasis on Experience and Personalization

Customer experience will continue to be front and center for resilient organizations in 2021, regardless of industry. A report from Walker, a customer experience management firm, predicts that customer experience will become the leading differentiator for brands, surpassing product and prices. Personalized experiences will continue to be critical to great customer experiences. According to that same report, almost 90% of respondents say customer expectations for personalized experiences continue to increase, up from only 4% in 2013.

6. Silo Breakdowns

As an increasing number of people now work outside of the office, the need to bring down traditional workflow silos has never been more important. CRM will likely play an important role in this in 2021 and beyond. That’s in part due to the insight your CRM can give you across your customer journey — from market lead to satisfied (and hopefully returning) customer. Your CRM can give team members insight into who’s most likely to become a customer and help guide your engagement, while identifying gaps in your processes.

7. Departmental Alignment with Business Objectives

It can be a struggle for individual department leaders to understand how to align department goals and objectives with overall business priorities. The further away you move across your employees, the more challenging that becomes. With reporting and analytics within your CRM, more businesses will embrace this insight resource to help set goals, measure performance, and establish metrics that help gauge success and improvements.

A great customer experience starts with great data. Register for a webinar today to learn how aACE can help you delight your customers and keep them coming back for more.

Help Your Business Spring Forward with Our April Webinars

Help Your Business Spring Forward with Our April Webinars

Learn how you can help your business grow this spring with our aACE webinars. Last month we covered topics ranging from production to shipping and from CRM to accounting. Here's what we have in store for April:

Templates, Campaigns, and Rate Cards – April 6th

Learn how to save time and prevent errors related to duplicate data entry with standardized orders, purchase orders, pricing, and more. Before the webinar, check out our feature highlights on rate cards and campaigns.

Guest Webinar: aACE+ ReadyCloud Shipping Integration – April 13th

Hear from our guest presenter, Brandon Batchelor of ReadyCloud, on how the aACE+ ReadyCloud ReadyShipper integration can help you revolutionize your shipping process. Before the webinar, check out our aACE+ ReadyCloud demo video and read our success story on Southwest Auto Accessories to learn how a real aACE customer has reaped the benefits of our partnership with ReadyCloud.

Shipping and the aACE Pick App – April 20th

Now that you've seen aACE's ReadyShipper integration in action, join us to learn more about how aACE streamlines the pick, pack, and ship process. You'll get an in-depth look at our Pick App and see how our shipping integrations flow into aACE.

Guest Webinar: aACE+ The BPR – April 27th

Learn how The BPR can help you quickly, easily, and accurately document your company's unique workflows and customized features in this guest presentation from our friends at Optimum Output.

We look forward to seeing you in our April webinars! Register now to reserve your spot.