Improved Productivity By using E-commerce we can save a great deal of time. We can create, transfer and process a business transaction easily using the electronic medium. Quite a lot of time that was spent in entering and re-entering the data in the earlier decades is minimized.
Human errors and redundancy are eliminated which has led to an accurate data retrieval in quick time, ultimately resulting in high productivity.
Cost Savings Since we can communicate efficiently and since the time taken between the submissions of a program for execution is quicker, it‟ll be cost effective. Moreover, the businesses can reach out the market so easily and this would also cut down the cost to a great extent.
