The best financial reporting apps for Shopify in 2024

Written by

Adam Sturrock

Published on

June 20, 2024

Shopify, the go-to platform for eCommerce enthusiasts, hosts a plethora of merchants across various industries, continuing to dominate the online selling space. With its user-friendly interface and robust features, Shopify caters to businesses of all sizes, from startups to established brands, seeking to streamline their online operations.

As a Shopify merchant, having access to accurate and insightful financial reporting is paramount for making informed business decisions and driving growth. In the ever-evolving digital marketplace of 2024, the right financial reporting apps can provide you with essential data and analytics to optimize your store's performance and maximize profits.

With a multitude of financial reporting apps available in the Shopify App Store, selecting the most suitable ones for your unique business needs can be a game-changer. The efficiency and accuracy of these apps can significantly impact your financial management, budgeting, and forecasting, ultimately leading to improved overall business performance.

Whether you are just starting your eCommerce journey or looking to enhance your existing Shopify store, the right financial reporting apps can empower you to take your business to new heights in 2024. Let's explore the top financial reporting apps that can help you make the most out of your Shopify store this year!

1. Twik Personalization

Understand user behavior for better decision making

Free plan available. Free trial available.

Transforming the shopping experience begins with a deeper understanding of customer behavior. This tool utilizes advanced analytics to gauge shopper intentions, allowing merchants to personalize interactions at every touchpoint. By analyzing unique visitor journeys, merchants can tailor product recommendations and content, ensuring every shopper feels uniquely catered to.

Seamless integration ensures that insights gained are actionable, making it simple to create a customized experience that resonates with every individual. By leveraging data-driven decisions, the shopping environment can shift from generic to personalized, resulting in increased engagement and conversion rates.

With a focus on real-time analytics, adapt swiftly to changing shopper preferences. Navigate the evolving landscape of e-commerce by creating memorable experiences that keep customers returning, as they discover products suited just for them.

Twik Personalization is developed and maintained by Twik Technologies ltd..

Twik Personalization has an average rating of 3.8 out of 5 stars with 73 reviews from Shopify stores.

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2. QuickBooks Online Global

See what you make and spend at a glance.

Free plan available

Optimizing the connection between Shopify and QuickBooks Online simplifies the management of accounting tasks for merchants operating on a global scale. This app efficiently tracks income and expenses across all your storefronts, ensuring that your financial records are seamless and up to date. Automated synchronization of invoices, customers, and products eliminates manual entry errors and saves valuable time. By linking inventory and accounting data, users can access real-time insights into their business finances, leading to informed decision-making. Easily manage tax deductions with accurate tracking, designed specifically for those selling beyond the US. Efficiently navigate the complexities of international commerce while streamlining your financial operations. Transform your bookkeeping into a hassle-free experience, allowing you to focus on growth and strategy rather than spreadsheets and data entry. Perfect for those looking to maintain clarity and accuracy in their global sales processes.

QuickBooks Online Global is developed and maintained by Intuit.

QuickBooks Online Global has an average rating of 4.9 out of 5 stars with 2737 reviews from Shopify stores.

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3. Data Export IO: Reports

Free plan available. Free trial available.

Generate polished reports effortlessly with intelligent automation tailored for Shopify users. This application streamlines reporting by offering a variety of customizable templates covering Sales, Taxes, Inventory, POS, and more. With an intuitive Report Builder, users can access live previews, detailed line item insights, and the flexibility to customize fields. Schedule regular report deliveries via email, FTP, or Google Sheets to maintain precise visibility into key metrics, whether daily, weekly, or monthly. Supported formats include Excel, CSV, and PDF, ensuring compatibility with existing workflows. To further facilitate productivity, complimentary expert assistance is available, ensuring users can effectively leverage the tool’s capabilities without frustration. Efficient reporting not only saves time but also enhances decision-making, allowing merchants to focus on strategies that drive growth.

Data Export IO: Reports is developed and maintained by Estore Automate.

Data Export IO: Reports has an average rating of 5 out of 5 stars with 2266 reviews from Shopify stores.

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4. Report Pundit : Custom Reports

Pre-built Shopify Reports for Sales, Inventory, Customer and Tax

Free plan available. Free trial available.

Transform the way your Shopify store engages with data through powerful reporting capabilities. This app allows for the creation of unlimited custom reports, expertly tailored to meet specific business needs, ensuring detailed insights at your fingertips. Generate a variety of reports including sales, tax, inventory, and payout analysis with just a few clicks. The user-friendly interface facilitates seamless navigation, allowing merchants to swiftly access essential data that drives informed decision-making. Prebuilt reports expedite the onboarding process, making it easy to harness data insights right from the start. Enhanced customer profiling and POS data aggregation further empower store owners to develop targeted strategies for growth. With streamlined data exports, turn complex information into actionable intelligence to optimize operations and elevate performance.
Take control of your store’s data landscape today and unlock a new level of operational efficiency.

Report Pundit : Custom Reports is developed and maintained by Estore Automate.

Report Pundit : Custom Reports has an average rating of 5 out of 5 stars with 1683 reviews from Shopify stores.

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5. Better Reports

From $19.90/month. Free trial available.

Gain invaluable insights into sales, inventory, and customer behavior through comprehensive reporting capabilities. This app offers a multitude of pre-built reports alongside the flexibility to tailor custom reports that address specific business needs. By leveraging diverse custom fields, metrics, and formulas, users can analyze data in a way that provides clarity and actionable intelligence. Automated emailing of reports ensures that essential information reaches your team without any effort, allowing for informed decision-making. This app supports seamless integration with Google Sheets for extended analytical capabilities, while also accommodating POS systems and multi-store setups for those managing multiple outlets. With the added feature of multi-currency support, businesses can efficiently manage financial reporting across various regions. Take control of your data and turn it into a strategic asset that drives growth and operational excellence.

Better Reports is developed and maintained by Better Reports Technologies.

Better Reports has an average rating of 4.9 out of 5 stars with 1129 reviews from Shopify stores.

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

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

Top Shopify financial reporting apps FAQ

Which financial reporting apps do I need for my Shopify store?

You’ll want to take advantage of the many financial reporting apps and integrations available to make your Shopify store the best it can be. Every financial reporting 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 financial reporting app!

What is the best financial reporting 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 Twik Personalization is one of the top Shopify financial reporting 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 financial reporting app?

Whilst Shopify comes with a broad range of features and capabilities out of the box, many financial reporting 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 financial reporting apps are recommended for Shopify?

We recommend including atleast one financial reporting 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 financial reporting apps that will help you run your business as smoothly as possible.

Can I build my own custom financial reporting app for Shopify?

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

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

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