Once your business starts to take off, it’s vital to look into options to help you manage, streamline, and ensure your business continues to grow.
Implementing a web portal into your website can help you stay on top of things as your business booms.
In this article, we’ll talk about what a web portal is, how you might use one, and how implementing the software could benefit your B2B business.
What is a web portal?
Generally, a web portal is a particular type of website that combines information from various sources, such as online forums, search engines, and emails.
There is a diverse range of web portals designed to serve different needs, such as personal portals, government portals, and cultural portals (i.e. galleries, museums, and libraries).
The specific kind of web portal designed for business use is known as a corporate or B2B web portal. This type of portal includes everything businesses need, offering customer, distributor, and staff management all in one space.
For example, through a corporate web portal, you can manage your sales data, product catalogues, and accounting without leaving the platform.
Benefit 1: Access analytics in real-time
One significant benefit of implementing a corporate portal is the access it provides to real-time analytics.
Manually tracking sales is a tedious, tiring job. And that’s not to mention the errors that will inevitably occur. Wasting time and money on data management will be especially detrimental to your business as it continues to grow.
A corporate web portal will automatically track sales, updating all of your software with changes the instant they take place. You can check the portal at any time to see accurate, up-to-the-minute inventory numbers and sales data—allowing you to make quick decisions and easily monitor which products are selling well.
Benefit 2: Reduce tedious tasks
When you first started your business, you were probably managing day-to-day tasks manually—including updating databases, measuring inventory, and handling customer relationships.
But once businesses start to grow, manual management becomes unrealistic. You’ll be working non-stop to keep the company above water—or you might consider hiring more employees than you can afford.
When you implement a B2B web portal, you can leave these worries behind. Hand over all the tedious, tiring, and overwhelming work to the portal, and focus more on tasks that interest you—such as researching new products or interacting with customers.
Benefit 3: Stick to your budget
Using a corporate web portal to manage your business can help you stick to your budget. This is especially helpful for small businesses where every dollar counts.
You won’t need to worry about spending money on creating new platforms or hiring staff to manage each sector of your business. A web portal will allow you to reduce your spending and manage all your corporate needs in one space.
A web portal is a type of website that includes information from various sources, such as online forums and emails. In the corporate world, B2B web portals allow businesses to manage multiple facets of their company in one place—such as product catalogues, payment platforms, sales databases, social media, and much more.