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Last Updated:
August 23, 2024

Automate Your Ecommerce Accounting for Flawless Financials

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Experience a seamless fusion of sophisticated AI technology and expert accounting know-how with this Small Business Accounting App. It’s accuracy that it delivers in your financial books is unmatched, offering you clarity 24/7. Beyond just number crunching, it showcases its true power by presenting you with real-time Profit & Loss statements, Cash Flow, and Balance Sheet data.

Its robust functionality extends to crucial inventory management tasks. The app's real-time tracking of your inventory and Cost of Goods Sold ensures that every transaction is up-to-date, supporting effective decision-making. All of this intricate data is presented neatly and with meaningful insight via a single, user-friendly dashboard.

Casting away the need for multiple integrations and a dedicated bookkeeper, this app serves as a cost-effective alternative without compromising on quality. It empowers your brand to grow by having real-time business data and impeccable financial records as your strategic allies. Replace generic accounting software with this powerhouse of financial management, designed explicitly with e-commerce and retail businesses in mind. Take the leap into the future of efficient and accurate accounting.

Features

Get fully onboarded in less than 10 minutes with no commitment or credit card required
Access full history including messy or non-existent books
Manage Profit & Loss, Cash Flow, Balance Sheet & Inventory for ecommerce & retail
Utilize a focused dashboard for ecommerce/DTC with actionable insights
Optimize taxes and save money with optional tax prep & filing service

Benefits

Gain real-time Profit & Loss, Cash Flow, and Balance Sheet updates for strategic decision-making
Streamline inventory synchronization and Cost of Goods Sold calculations in real-time
Drive revenue confidently with accurate and up-to-the-minute financial insights

About the Vendor

Finaloop
38 6TH Ave., Brooklyn, NY, 11217, US
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38 6TH Ave., Brooklyn, NY, 11217, US Map

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Pricing

From $65/month. Free trial available.
We have detected the following pricing bands for this app are as follows:
Minimum Price:
$
65.00
MaximumΒ Price:
$
395.00
All charges are billed in USD. Recurring and usage-based charges are billed every 30 days. Pricing may differ to that listed above, please check the link below for accurate and up to date pricing details.
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Review Trend Insights

5 review in the last 30 days.

5 reviews in the last 30 days.

6 review in the last 90 days.

6 reviews in the last 90 days.

Install Trend Insights

0 install in the last 30 days.

0 installs in the last 30 days.

0 install in the last 30 days.

0 installs in the last 30 days.

Owlfred Review

Whoop, whoop! Hoots for Finaloop, an excellent AI-assisted accounting app that delivers real-time and accurate bookkeeping for your ecommerce business, round the clock. Bringing together the brains of accounting experts and peak AI technology, it truly revolutionizes how you handle your financials and inventory management. While it might not have any tracked installs, it shines with a flawless 5-star rating from 26 reviews. Why hire a bookkeeper when you can onboard Finaloop in less than 10 minutes, and have it efficiently manage your P&L, cash flow, balance sheet, and inventory? Folks, it also syncs your inventory and Cost of Goods Sold (COGS) in real-time, providing a comprehensive dashboard with actionable insights. Plus, it offers an optional tax prep & filing service, saving you potential headaches when tax season rolls around. Priced between $65 to $395 a month with a 14-day free trial, it's a worthy investment for those messy books or even non-existent ones. Finaloop is certainly a hoot for both accounting and inventory sync!

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Frequently Asked Questions

What is the best way to automate ecommerce accounting
Finaloop can be a great tool to automate ecommerce accounting. It integrates with Shopify and syncs inventory in real-time to help keep your financial records accurate and up-to-date.
How does Finaloop help with ecommerce accounting
Finaloop provides capabilities to automate accounting tasks. It translates all sales transactions into ready-to-go financial statements, helping Shopify merchants save time and maintain accurate financial records.
Can Finaloop help in managing inventory for an ecommerce business
Yes Finaloop effectively manages inventory for an ecommerce business. It keeps track of all your products and syncs in real-time with Shopify to eliminate the possibility of overselling.
What is the best ecommerce-friendly accounting software
Many ecommerce merchants find Finaloop to be a great accounting software. It automates accounting tasks, syncs inventory in real-time, and was specifically built for ecommerce businesses.

Shopify App Comparison: Finaloop vs Xero Bridge by Parex - which is better?

We have compared the Finaloop app and the Xero Bridge by Parex app based on their capabilities, features, and benefits. The Finaloop app offers meticulous financial record-keeping and provides real-time updates on Profit & Loss, Cash Flow, and Balance Sheet. It also offers synchronized inventory and Cost of Goods Sold calculations, replacing the need for multiple software integrations and bookkeepers. With its single, organized dashboard, the app provides actionable insights for strategic decision-making. The Xero Bridge by Parex app, on the other hand, focuses on the seamless integration of accounting and e-commerce. It offers flexible syncing options, allowing users to sync individual sales or opt for a summary sync for customized financial control. This app streamlines the financial workflow by exporting comprehensive details of orders, products, and customer data to Xero effortlessly. It also features a user-friendly interface for easy reconciliation and reduces manual errors with its automated sync process.

Considering these features and benefits, we recommend both apps for different purposes. If you prioritize accurate and up-to-the-minute financial insights, and seamless integration for ecommerce and retail management, the Finaloop app is an ideal choice. However, if you are looking for a tool that specifically focuses on the fusion of accounting and e-commerce, with options for individual or summary syncs and easy reconciliation, the Xero Bridge by Parex app would suit your needs. Both apps offer unique advantages that can enhance your business operations and financial management.

Attribute
Finaloop Shopify AppFinaloop
Xero Bridge by Parex Shopify AppXero Bridge by Parex
Average Rating 4.8 out of 5 5 out of 5
Number of Reviews 43 250
Estimated Installs 0 0
Min Price $65.00 $10.00
Max Price $395.00 $30.00
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