InventoryIQ by Finaloop

Ditch the chaos of spreadsheets or enterprise software that’s overkill. With 100% accurate COGS tracking, true financial visibility starts now.
Automate COGS &
inventory
Control landed costs
in real time
Manage POs
& stock levels
Manage vendor
balances
14 days free | No credit card required
AUTOMATE COGS & INVENTORY
Automatically track COGS so you know your margins in real time
  • Real-time FIFO COGS tracking by channel, warehouse & SKU
  • Direct syncing with sales channels to track orders & fulfilment
  • Manage recipes & manual/on-demand assemblies
REAL-TIME LANDED COSTS
Full control over fluctuating inventory costs
  • Automate time-consuming landed cost calculations
  • Auto-allocate indirect costs & discounts that go into landed costs
  • Easily track cost per unit across warehouses, whether you are selling DTC, ecommerce, retail, or multichannel
PURCHASE ORDER MANAGEMENT
Create, track, and manage POs
  • Manage POs & costs in one dashboard
  • Track status of shipments for each PO, for clear visibility on inventory in-process, in-transit, and on-hand
  • Track stock units per status across each SKU and warehouse
VENDOR MANAGEMENT
Track vendor balances, bills, & payments in one place
  • Real-time tracking of vendor rolling balances
  • Centralized view of all POs, payments, and bills for each vendor
  • Direct syncing with transactions, including from Bill.com and Settle, and transactions from banks and credit cards
We partner with the best in ecommerce
Shopify

Shopify

Stores
Amazon

Amazon

Stores
Woo

Woo

Stores
Etsy

Etsy

Stores
Square

Square

Stores
Walmart

Walmart

Stores
Ebay

Ebay

Stores
See all integrations

Offload your books to us and get 100% real-time financials. Now you can focus on everything else.

14-Day Free Trial | No Credit Card Required
Jack Benzaquen
CEO & Founder at Duradry
Team is super responsive; they help with those confusing accounting issues. The product velocity is also amazing. They keep innovating and improving every month. Highly recommended.
Hayley Segar
Founder, oneWith
I always have my Finaloop dashboard pulled up to show you cash flow, net sales, net profits, at a glance which is amazing...its such a game changer for us."
Chris Meade
Co-founder, Crossnet
Finaloop is the best financial reporting we have used in our small business CROSSNET over the last 7 years.The accuracy of the financial reporting is second to none…I highly recommend.10/10.”
Oliver Brocato
CEO, Tabs Chocolate
Wish I had found Finaloop earlier. The software is killing it for multi-channel brands and is a HUGE upgrade to our bookkeeping process, giving us visibility into real-time, granular P&L and CF data across all channels.”

FAQs

What are the advantages of using InventoryIQ?
FAQ Icon

There are many benefits to using InventoryIQ as your inventory management system, including PO and vendor management, real-time landed cost updates, inventory tracking acorss multiple SKUs and warehouses, automated COGS updates in your P&L and automated vendor balance and inventory updates in your Balance Sheet. InventoryIQ works seamlessly with Finaloop's ecommerce accounting service to give you complete financial visibility!

Can I see real-time updates on my inventory?
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Yes! With InventoryIQ, you can see real-time updates on your stock units on-hand across multiple SKUs and warehouses which includes tracking sales across multiple channels like Shopify or Amazon. For specific sales channels, we may need some input on quantities sold, product giveaways, or dead inventory to create your automatic COGS updates.

Do I need InventoryIQ to use Finaloop?
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Nope! Finaloop's ecommerce accounting service provides real-time financial visibility whether you are subscribed to our Core plan for accounting or to our Plus plan which includes both accounting and inventory management with InventoryIQ. However, if you feel you don't have full, real-time time control over your inventory costs with your current setup, we highly recommend trying out InventoryIQ.

The benefits of using InventoryIQ is that you get more accurate and automated COGS ties into your overall financials, giving you financial visibility you've never had before.

Can I manage bill of materials and assemblies with InventoryIQ?
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Yes! InventoryIQ allows you to track individual components needed to manufacture a product or individual products needed to create bundles. You have the functionality to easily manage your recipes (bill of materials) and create manual or on-demand assemblies to enhance your inventory management capabilities.

Does InventoryIQ integrate with my accounting software?
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InventoryIQ is the first real-time inventory management system built right into an ecommerce accounting software! You don't need Quickbooks, Xero, Netsuite, or any other accounting system. InventoryIQ and Finaloop's real-time accounting are the ultimate pairing to give you the financial visibility you need.

What types & sizes of businesses is InventoryIQ best for?
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InventoryIQ is built for brands that need real-time visibility and tracking of their inventory and COGS but find enterprise software to be complete overkill and too expensive for their needs.

Our customers include ecommerce, DTC, retail, and multichannel brands that range from mid 6-figure to high 8-figure businesses.