Finaloop Wins FinancesOnline Rising Star Industry Award
Renowned B2B platform honors Finaloop and solidifies its position as an leader in ecommerce accounting
Finaloop Wins FinancesOnline Rising Star Award for Ecommerce Accounting Excellence
FinancesOnline, a highly respected B2B review platform, recently presented Finaloop with a Rising Star Award. This prestigious recognition celebrates Finaloop’s growing user base and rapid market validation as a newcomer in the ecommerce accounting and ecommerce bookkeeping industry.
FinancesOnline Review Highlights: What Experts Love About Finaloop
Among other criteria, FinancesOnline thoroughly explored the outstanding positive feedback and social mentions our platform received, recognizing them as a strong indication of user satisfaction. Expert reviewers also performed a detailed Finaloop review and concluded that Finaloop can fulfill multiple roles, acting as an integrated bookkeeper, accounting software, and tax CPA solution simultaneously.
Why Finaloop Is Gaining Traction in the Ecommerce Bookkeeping Space
FinancesOnline had high praise for Finaloop’s versatility and comprehensive nature. Some of the functionalities it noted include our automated account reconciliations, tax deduction optimization, ecommerce-focused profit and loss tracking, and the dedicated bookkeeping team that sets us apart.
Automated Account Reconciliation: How Finaloop Simplifies Your Ecommerce Finances
As an accounting platform, FinancesOnline commended Finaloop for its impressive capability to automate account reconciliations, effortlessly categorizing and reconciling real-time financial data. The automated account reconciliations feature simplifies matching and verifying financial transactions, ensuring accuracy and reducing manual effort. It saves time by automatically identifying discrepancies and enabling timely resolution, resulting in efficient and error-free financial records. This function simplifies financial management by ensuring accurate and up-to-date records with minimal manual effort.
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Optimize Your Tax Deductions with Finaloop’s Smart Ecommerce Tax Tools
Ecommerce brands selling on Shopify or Amazon can likewise take advantage of the solution’s tax deduction optimization feature. This capability maximizes your tax benefits and deductions by leveraging advanced and thorough analysis. It proactively identifies potential deductions and guarantees you take advantage of all available tax-saving opportunities. With this feature, you can optimize your tax position and minimize tax liability, ultimately saving money.
Track Ecommerce Profit and Loss Like a Pro With Finaloop
The report also mentioned Finaloop’s ecommerce-focused profit and loss tracking capability that provides an in-depth analysis of your online business's financial performance. It allows you to monitor revenue, expenses, and profitability specific to your ecommerce operations. With this functionality, you can gain valuable insights into your ecommerce company's financial health and make data-driven decisions to optimize profitability.
Dedicated Bookkeeping Support + Automation = Accounting Superpower
Furthermore, users not only experience the platform's automation capabilities but also receive dedicated support from a committed bookkeeping team. Additionally, linking your apps and setting up an account with Finaloop is a quick 15-minute process. It seamlessly integrates with popular ecommerce platforms, payment gateways, and major banks, providing a comprehensive and efficient solution for your business needs.
Why Ecommerce Brands Are Switching to Finaloop for Real-Time Financial Insights
With its premium features and capabilities, Finaloop is quickly establishing itself as one of the most sought-after accounting tools in the industry.
Thanks FinancesOnline for recognizing Finaloop’s dedication and hard work!
About Finaloop: Your End-to-End Accounting Solution for Ecommerce
We are a technology company providing automated end-to-end accounting service to ecommerce businesses. Our system connects to your apps, syncs all your data and reconciles your books in real-time, replacing your bookkeeper, your accounting software, and your ecomm integrations. We offer reconciled books available 24/7, tax-saving insights, and a single place for all your financial data.
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FAQs
Finaloop's real-time bookkeeping solution includes the technology and app integrations needed to bring your financial data directly from your sources of truth into our ecommerce-tailored accounting software as well as the bookkeeping team to provide the actual bookkeeping services - including reviewing your financials for missed opportunities or unusual transactions and answering any questions you have about your books. For more information about our software, check out our Product page. To learn more about our services and how to create the best financial stack for your business, check out our Services page.
Finaloop offers automated, real-time accounting services specifically built for DTC and multichannel e-commerce brands. It provides reconciled books, cash flow insights, and tax-ready reports, eliminating the need for traditional bookkeeping and multiple tools.
Real-time financial reporting offers instant insights into your eCommerce business's performance. By continuously updating your financial data, it helps you make informed decisions, manage cash flow effectively, and adjust strategies based on up-to-date metrics like revenue, profit margins, and inventory turnover.
Setting up Finaloop takes just 15 minutes. The platform integrates seamlessly with your existing e-commerce tools, payment gateways, and bank accounts.
