Finaloop

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.

Excellent product and phenomenal team.

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!

We're still in the early days of using Finaloop, but it seems like a good product. Aside from a little miscommunication with their responsive and helpful team, my only complaint thus far is that, since their pricing tiers are revenue-based, we end on the same tier as higher-margin companies taking home 4x to 50x what we do. I'm not going to cry about it, but it does rank as the most significant subscription expense for our tiny business.

WaveApps might be a good alternative starting out, but we decided to try Finaloop out for a year based on its integration with Shopify and it just feeling like a more advanced, more "high touch" service. Hopefully that holds true and the bookkeeping pays for itself. So far so good.

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.

Finaloop is far more helpful than QuickBooks. You don't have to jump through hoops to get assistance. Bookkeepers assist you in getting everything in order. The software provides automated tasks to keep you on track. It is affordable for small businesses and should pay for itself through the hours you will save. Thanks for a great service!

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.

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.