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After operating my Shopify store for 6 years, and having used two other well known accounting platforms and a local accountant, I can affirmatively say this is the best-why? it is built by people who understand how an online business works. Our books are updated in real time (without the need for a human) and we finally have real accurate data at all times to work with. We can make accurate decisions based on this system. It far exceeds the capabilities of any other eCommerce accounting system for Shopify that I have seen.
I was paying a bookkeeper a lot of money to keep my books in order on my shopify store, Amazon seller account and Etsy account. Once I plugged in Finaloop I felt confident I had everything I needed to no longer pay a bookkeeper. I've been on it for about 5 months and so far it's been great. I really like all of the reports I can run. Super smooth and easy.
We onboarded onto the Inventory IQ functionality and while it takes a little time setup (worth it), it is incredibly helpful to have real-time landed costs and fulfillment automated that funnels through all other expenses to give us our profitability metrics we need. Very intuitive for Ecommerce businesses and it allows you to have clarity into your business expenses including inventory that before Finaloop was opaque.
Finaloop has been a game changer for us. It’s made managing our finances seamless by automatically categorizing expenses and syncing directly with our Shopify store. The integration was easy, and it’s saving us tons of time that we used to spend on manual bookkeeping. Highly recommended for Shopify users looking to streamline their accounting!
Great app, if you need to get insights on your business that are up to date there isn't a better service I have found.
A new generation of accounting and financial reporting. So much better than Quickbooks. If you have a basic understanding of how your books work, you can all but manage them yourself and have real-time financials at your fingertips 24/7 - no more back and forth with bookkeepers, mess of spreadsheets, or delays.
As an e-com brand, you will save sooo much time, money, and effort using Finaloop instead of another software like QuickBooks
Love Finaloop. Legit the best in the space (QBO before and looked at lots of other providers as well). Incredible team, great product.
Both the app functionality and the Finaloop team are the best around. I've used other accounting apps and would never go back.
We love it. Easy to use, great support. rich features.