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Customer reviews: Finaloop

Develop by Finaloop
<h3>What Merchants Think</h3> <p>Merchants generally have a positive perception of Finaloop, lauding its ability to simplify the complex world of eCommerce accounting while providing a seamless integration with Shopify and other sales channels. Many users switch from traditional bookkeeping services or platforms like QuickBooks due to the increased efficiency, reliability, and time-saving aspects offered by Finaloop. The app's user-friendly interface and highly responsive support team consistently receive high praise.</p> <h3>Key Strengths</h3> <ul> <li>Seamless integration with Shopify and other e-commerce platforms.</li> <li>Highly responsive and helpful customer support team.</li> <li>User-friendly interface with real-time financials and accurate reporting.</li> <li>Time-saving automation for inventory and expense categorization.</li> <li>Reduction in bookkeeping costs and elimination of manual reconciliation tasks.</li> <li>Advanced features that replace traditional accounting systems like QuickBooks.</li> </ul> <h3>Common Concerns</h3> <ul> <li>Pricing tier structure based on revenue can be a mismatch for high-margin small businesses.</li> <li>Some users experienced issues with AR handling for non-Shopify payments.</li> <li>Concerns about accuracy and slow issue resolution for certain accounting tasks.</li> <li>Short trial period might not allow enough time to fully assess the platform’s capabilities.</li> </ul> <h3>Final Thoughts</h3> <p>Finaloop is widely recognized as a game-changer in the eCommerce accounting space, offering a modern and efficient alternative to more traditional tools like QuickBooks. With its intuitive design and robust feature set tailored for online businesses, the app helps users streamline their financial management. While most feedback is overwhelmingly positive, some users find the pricing and initial adaptation challenging. Overall, Finaloop is highly recommended for businesses seeking an eCommerce-focused accounting solution.</p>

Reviews (58)

Overall rating
4.9

What Merchants Think

Merchants generally have a positive perception of Finaloop, lauding its ability to simplify the complex world of eCommerce accounting while providing a seamless integration with Shopify and other sales channels. Many users switch from traditional bookkeeping services or platforms like QuickBooks due to the increased efficiency, reliability, and time-saving aspects offered by Finaloop. The app's user-friendly interface and highly responsive support team consistently receive high praise.

Key Strengths

  • Seamless integration with Shopify and other e-commerce platforms.
  • Highly responsive and helpful customer support team.
  • User-friendly interface with real-time financials and accurate reporting.
  • Time-saving automation for inventory and expense categorization.
  • Reduction in bookkeeping costs and elimination of manual reconciliation tasks.
  • Advanced features that replace traditional accounting systems like QuickBooks.

Common Concerns

  • Pricing tier structure based on revenue can be a mismatch for high-margin small businesses.
  • Some users experienced issues with AR handling for non-Shopify payments.
  • Concerns about accuracy and slow issue resolution for certain accounting tasks.
  • Short trial period might not allow enough time to fully assess the platform’s capabilities.

Final Thoughts

Finaloop is widely recognized as a game-changer in the eCommerce accounting space, offering a modern and efficient alternative to more traditional tools like QuickBooks. With its intuitive design and robust feature set tailored for online businesses, the app helps users streamline their financial management. While most feedback is overwhelmingly positive, some users find the pricing and initial adaptation challenging. Overall, Finaloop is highly recommended for businesses seeking an eCommerce-focused accounting solution.

glacio

Apr 22, 2024  on Shopify

I chose Finaloop for its ease of use and their boast of 100% accuracy. Unfortunately, both fell short of my expectations. While the platform offers advanced features, I encountered several inaccuracies and found the process to correct them frustratingly slow. The concept is promising, but the execution and customer support need improvement.

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