Shipping software firm ShipStation is integrating its shipping platform into the ChannelEngine marketplace.
The partnership aims to support international growth and help merchants sell more on eCommerce platforms, the companies said in a Wednesday (Nov. 7) press release.
“Our partnership with ChannelEngine provides growing merchants with the best of both worlds,” said Al Ko, CEO of Auctane, parent company of ShipStation. “Not only are they able to coordinate their marketplace listings across multiple channels, they can easily automate their shipping processes, ultimately helping them sell more and maintain customer loyalty. ChannelEngine enables merchants to sell globally, while ShipStation makes international shipping effortless.”
ShipStation merchants will gain access to ChannelEngine’s network of over 700 marketplaces through the partnership. The collaboration will also enable sellers to automate various aspects of their eCommerce operations, such as product listings, pricing changes, order processing and stock management, the release said. This integration will allow merchants to streamline their processes and ensure consistency across all selling channels.
Merchants will also be able to import orders directly from ChannelEngine to ShipStation and automate related shipping and warehouse processes. Additionally, ChannelEngine sellers will have access to discounted carrier rates on ShipStation’s platform for domestic and international deliveries.
The partnership comes as more merchants are looking to modernize their procurement processes.
In “Digital Payments: Modernizing the Procurement Process,” a collaborative study conducted by PYMNTS Intelligence and Corcentric, more than half of the retailers we surveyed said they had plans to invest in automating their procurement systems.
CFOs of other sectors surveyed for the study say they are investing in digital procurement technology to cut back on overhead costs or grow their businesses. However, 66% of retailers say they are doing so to modernize their processes, with 41% specifically doing so to upgrade their systems for supplier data.
Retailers are also planning to invest more in their account payable systems, another PYMNTS study found.
Fifty percent of healthcare and manufacturing companies, as well as nearly 55% of retailers, are planning to invest in AP systems, according to “Digital Payments: A Changing Economy Sparks New Priorities for Systems Spending,” a PYMNTS Intelligence and Corcentric collaboration. The surveyed companies are also focusing on digital investments in fraud prevention and risk management.
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