The best finance apps for Shopify in 2024

Written by

Adam Sturrock

Published on

May 7, 2024

Shopify, a renowned e-commerce platform, hosts a vast array of apps tailored to assist merchants in managing and growing their online businesses. With a plethora of finance apps available in the Shopify App Store, selecting the right ones can significantly impact a store's financial operations and success. Whether you're a newcomer in the e-commerce world or a seasoned entrepreneur looking to optimize your Shopify store's financial management, choosing the best finance apps for Shopify is paramount.

From accounting and tax management to financial reporting and analytics, these finance apps cater to a broad spectrum of financial needs for Shopify store owners. The year 2024 brings new opportunities and challenges for e-commerce businesses, making it crucial to stay ahead by leveraging the top finance apps available on the Shopify platform.

Our expertly curated list of the best finance apps for Shopify in 2024 encompasses a range of tools and solutions designed to streamline financial processes, enhance decision-making, and drive business growth. Whether you're a small boutique retailer or a thriving enterprise, optimizing your financial workflows with the right apps can pave the way for sustained success in the competitive e-commerce landscape.

Join us as we explore the top finance apps that can empower Shopify merchants to take control of their financial strategies and propel their online stores to new heights in 2024!

1. Clearbanc Growth Capital

Access funding to expand your marketing budget

Price: Free

Access to timely funding can be a game changer for online retailers. This app offers invoice funding designed specifically for eligible e-commerce businesses, allowing the release of immediate cash flow to cover key operational costs like inventory and marketing. With funding available for up to six months, financial constraints become less daunting.

Merchants benefit from a fixed weekly repayment plan, ensuring predictable financial management without the worry of fluctuating payments. This structure allows businesses to allocate their resources strategically while focusing on growth initiatives that require upfront investment.

Experience a seamless process that aligns with your cash flow needs, empowering e-commerce ventures to navigate the challenges of scaling effectively. Make financial uncertainty a thing of the past by utilizing a funding solution tailored for your business landscape.

Clearbanc Growth Capital is developed and maintained by Clearbanc.

Clearbanc Growth Capital has an average rating of 5 out of 5 stars with 2 reviews from Shopify stores.

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2. Profiterole Cost Analytics

Understanding your cost structure is essential for optimizing profitability in e-commerce. This analytical tool provides precise insights into your financial performance, allowing merchants to identify cost drivers and track product profitability effortlessly. Armed with detailed reports, users can categorize expenses down to the product level, leading to more informed pricing strategies. The integration with sales data enables the detection of trends that highlight where margins can be improved. Customizable dashboards present key metrics in a clear format, allowing for swift decision-making and encouraging strategic adjustments to inventory and pricing. With a user-friendly interface, actionable insights are just a few clicks away, turning complex data into a visual narrative that enhances understanding. By utilizing this tool, merchants can expect to streamline their operations significantly, optimize their product offerings, and maximize profit margins with real-time analytics at their fingertips.

Profiterole Cost Analytics is developed and maintained by Sweet Ecom .

Profiterole Cost Analytics has an average rating of 3.1 out of 5 stars with 2 reviews from Shopify stores.

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3. FreshBooks by OneSaas

Retrieve orders from your store depending on status or source

Price: Free

Efficiently connect various business applications to streamline financial management. This app seamlessly integrates with popular accounting systems, fortifying the link between eCommerce, fulfillment, CRM, and billing solutions. Experience a transformative approach to data synchronization, ensuring accurate transaction recording and reduced manual entry.Designed for Shopify merchants, it eliminates bookkeeping hassles by automating the flow of critical financial data. Receipt and invoice management become effortless, helping businesses maintain pristine financial records while focusing on growth. Real-time updates keep everything aligned, preventing discrepancies and errors across platforms.Gain the advantage of an integrated workflow that not only saves time but enhances operational efficiency. Leverage this tool to ensure that all financial insights are easily accessible, allowing for informed decision-making that drives success.

FreshBooks by OneSaas is developed and maintained by OneSaas.

FreshBooks by OneSaas has an average rating of 5 out of 5 stars with 1 reviews from Shopify stores.

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4. Qwibo: Payouts for Quickbooks

This easy to use app connects your Shopify store to QBO.

$4.99/month. Free trial available.

Effortlessly link your Shopify store to Quickbooks Online, streamlining your accounting tasks like never before. This integration simplifies the process of managing invoices and helps maintain accurate financial records, essential for any business owner. Historical transaction processing is seamless, with no need for additional applications, cutting down on operational complexities. Businesses can expect reduced bookkeeping costs, eliminating unnecessary expenses associated with traditional methods. Automatic syncing of orders ensures that all sales data is accurately reflected, allowing for real-time insights into your financial health. Furthermore, user-friendly features streamline invoice management, making it accessible even for those with limited accounting experience. Optimize back-office efficiency and take control of your financial management with a solution tailored for merchants seeking simplicity and reliability. Enjoy peace of mind with straightforward accounting integration for your Shopify store.

Qwibo: Payouts for Quickbooks is developed and maintained by tko solutions.

Qwibo: Payouts for Quickbooks has an average rating of 5 out of 5 stars with 1 reviews from Shopify stores.

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5. QuickBooks/Xero sync ‑ Synder

Shopify and QuickBooks Online or Xero sync

Free plan available. Free trial available.

Effortless financial management simplifies the complexities of accounting for Shopify merchants. This powerful application streamlines the synchronization of inventory, fees, taxes, discounts, gift cards, and shipping data with popular accounting platforms such as Xero, Sage Intacct, and QuickBooks. With the ability to perform easy reconciliation and historical imports, users can maintain accurate financial records with minimal effort. The multi-currency feature allows for seamless transactions across borders, while automatic COGS and inventory syncing ensures that data is always up to date. Merchants can integrate their sales channels and start experiencing the ease of precision in bookkeeping within a mere 15 minutes. Trusted by both retailers and accountants, this app transforms tedious financial tasks into a smooth and straightforward process, enhancing operational efficiency and ensuring financial clarity.

QuickBooks/Xero sync ‑ Synder is developed and maintained by CloudBusiness Inc.

QuickBooks/Xero sync ‑ Synder has an average rating of 4.7 out of 5 stars with 275 reviews from Shopify stores.

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We hope you found this guide on the top finance apps for Shopify useful.

Did we miss an app you think should be included in this guide, please let us know!

Top Shopify finance apps FAQ

Which finance apps do I need for my Shopify store?

You’ll want to take advantage of the many finance apps and integrations available to make your Shopify store the best it can be. Every finance app highlighted in this article can help take your Shopify store to the next level! With that said, if you can't find what you're looking for in this guide, we recommend checking our comprehensive list of every Shopify finance app!

What is the best finance app for Shopify?

The Shopify App Store is always adding new apps, but by analyzing merchant reviews, average ratings, estimated install counts, pricing and other signals we've identified that Clearbanc Growth Capital is one of the top Shopify finance apps available for merchants in 2024.

With that said, it’s not always the best idea to just go for the most popular app or our recommendations. Always look at how many Shopify stars the app has and what the reviews are saying about the app itself. Where possible, we highly recommend testing apps you are considering by leveraging free trials before commiting to any fixed monthly subscription costs.

Why do I need to install a Shopify finance app?

Whilst Shopify comes with a broad range of features and capabilities out of the box, many finance apps go above and beyond what Shopify can provide. Every store has unique requirements and a diverse range of apps are available to meet these needs.

How many finance apps are recommended for Shopify?

We recommend including atleast one finance app for your Shopify store if this type of app would be beneficial for your store. There are a lot of free options out there and some great finance apps that will help you run your business as smoothly as possible.

Can I build my own custom finance app for Shopify?

The short answer is yes ofcourse! Shopify provides a lot of great documentation to build finance apps.

The longer answer is that you should weigh up the upfront time, resources and costs of building a custom apps vs finding a finance app that handles the majority of your requirements for free or for a low monthly fee.

Ofcourse if you can't find a suitable finance Shopify app to meet your needs then it's definitely worth investigating what it would take to build the app of your dreams!