Finaloop
Finaloop provides a comprehensive accounting solution specifically designed for e-commerce businesses.
Our verdict
Who it's for
Full-service bookkeeping and real-time accounting software for e-commerce brands.
Who should look elsewhere
May be more expensive than generic accounting software due to specialized services.
Pros
- +Designed specifically for e-commerce, addressing unique challenges like inventory and multi-channel sales.
- +Provides real-time financial data and KPIs, enabling faster decision-making.
- +Combines software automation with dedicated human expert bookkeepers.
- +Automates complex tasks like COGS tracking and landed cost calculations.
- +Offers tax preparation and planning services.
Cons
- −May be more expensive than generic accounting software due to specialized services.
- −Requires integration with existing sales channels and financial accounts.
- −The initial setup and data syncing might take some time depending on data volume.
Key features
- ✓Full-service bookkeeping by expert team
- ✓Real-time e-commerce accounting software
- ✓KPIs and e-commerce accounting in one dashboard
- ✓Automated inventory and COGS tracking (FIFO)
- ✓Tax returns and tax-planning insights
- ✓P&L, Balance Sheet & Cash Flow statements
- ✓Invoices & bills management
- ✓Loan reconciliation
Pricing
| Plan | Price | Billing | Notes |
|---|---|---|---|
| Starter | $245 | month | $245/month official; Up to $1M annual gross revenue; In business 4 years or less |
| Custom | — | month | Quote after a 30-minute call; Above $1M revenue or more complexity |