Online sellers typically learn early on that running an ecommerce business comes with a unique set of challenges, and they won’t be able to accomplish everything on their own. The secret is having a set of tools and solutions that makes your operation more efficient, from business ops to fulfillment to marketing. One multipurpose solution is accounting automation software like Webgility, which helps you keep your financial and inventory data in order. By tracking ecommerce transactions and posting them to your accounting software, Webgility does the back office busywork for you.
If you’re still on the fence about onboarding with an ecommerce accounting software, here’s how to know when Webgility is right for you.
You’re Already Using QuickBooks Or NetSuite
It’s a big step moving from a basic spreadsheet to an ecommerce bookkeeping software like QuickBooks Online, QuickBooks Desktop, or NetSuite. Growing your business is exciting, but it can become overwhelming when your days consist of manual data entry into the software. Automation simplifies this process and speeds it up considerably, and you can take advantage of accounting automation if you’re using QuickBooks or NetSuite.
You Fulfill More Than 100 Orders Per Month
Building your ecommerce business is all about time management, which is why it’s never too early to start automating your bookkeeping and accounting. It will also be easier to scale if you establish an efficient workflow early on. Webgility offers plans for sellers with 0-1000 transactions, and pricing can be adjusted as order volume increases.
You Sell On Multiple Channels
Having a multichannel retail strategy is imperative so you can meet consumers wherever and whenever they’re shopping online. However, it’s easy to lose track of channel-specific performance when you’re viewing several sets of reports. Some sales channels don’t even offer advanced analytics. Instead, you can view aggregated data all in one place by setting a scheduler to post transactions to your accounting software as often as you want. You’ll get an up-to-date view of your business’s financial health and granular information about each channel.
Your Business Owner Is Handling Accounting
Accounting is typically handled by someone in house, someone out of house, or by the business owner. It’s understandable, especially for small businesses with limited resources and small teams. But the limited resources are what make the owner’s time that much more valuable. With Webgility, you/the owner can be focusing more on productive tasks like marketing creation, new product development, and more.
Your Inventory Management Software Is Flawed
Inventory is the backbone of every ecommerce business, so accuracy is crucial. Some sellers turn to third party tools for inventory management, but they add unnecessary cost, complexity, and risk. They might not know that QuickBooks already has inventory management capabilities. Then, all you’ll really need is integration software like Webgility that makes it easier to use QuickBooks for inventory. It is much more efficient to maximize your current setup and utilize its features.
You’re Ready To Take Your Ecommerce Business To The Next Level
Webgility is a multichannel retail management solution that empowers businesses to thrive in ecommerce by integrating their systems, automating their operations, and delivering powerful insights—so they can move faster, make better decisions, and win. Schedule a demo to learn more.