Securing growth: How efficient financial processes make e-commerce scalable

Rising revenues, rising complexity: Why automated reconciliation and optimized financial processes now determine scaling success.

By 2025, global e-commerce sales will reach $7.7 trillion. ¹ With this growth, demands increase: more transactions, international expansion, new payment methods, and the need for precise financial reconciliations. Those who rely on manual, fragmented systems risk inefficiency, cash flow problems, and strategic errors.

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Growing transaction volumes, diverse currencies, and numerous payment gateways make precise financial reconciliation difficult. Manual processes increase the risk of errors, prolong completion times, and reduce transparency – which can lead to dangerous bottlenecks, especially when growing internationally.

In addition, slow refunds and cumbersome payment processes at checkout lead to lost revenue. A McKinsey study shows that inefficient financial processes can reduce conversion rates by up to 30 percent. ²

Error reduction, faster closings, and real-time transparency make automated reconciliations the centerpiece of a scalable finance strategy. According to PwC, up to 25 percent of finance departments' time is spent on mundane tasks like bank and supplier reconciliations that add little business value. Through automation, up to 40 percent of these resources could be used for value-added activities. ³

From pay-per-use to subscription to hybrid models, companies must be able to bill flexibly. 63 percent of consumers prefer flexible tariffs. ⁴

Whether self-service, managed services or hybrid approaches: agility in financial process design creates the basis for international growth.

GDPR and ISO 27001 compliant financial processes are essential to build trust with international customers and minimize regulatory risks.

If e-commerce companies want to optimize their financial processes, they don't have to do it alone. Working with a partner like nexnet, they can easily implement the transition to automated, legally compliant, and scalable billing and reconciliation processes – thus driving growth.

For example, an international fashion retailer used nexnet to integrate 21 shops in ten countries, achieve significantly faster F-Close times, and dynamic management of currencies, tax rates, and payment partners.

With nexnet, e-commerce companies benefit from: