ConnectBooks

What is ConnectBooks?

ConnectBooks is one of the top ecommerce accounting softwares. It syncs your Shopify, Amazon, eBay, and Walmart sales channels with Quickbooks and Xero, automatically.

ConnectBooks allows founders, CFOs, and accountants less headache manually balancing the books and more time actually moving the needle for your business.

Profitability Analytics

ConnectBooks offers real-time profit and sales reports. Now, nothing is unclear or delayed. The dashboard offers a clean overview of your sales, refunds, ad costs, and more—all the way down to the penny. If you change prices, ConnectBooks will update automatically and deliver organized profit reports so that you can fully understand the ROI on your marketing functions.

Inventory Tracking

Busy sales day? The tool will send high- or low-inventory reports so you can know exactly what you need and when you need it. With one click, you can sync your warehouse inventory with Quickbooks and sales channels. Even with variations and bundles for the same product, ConnectBooks’ intelligence technology will adjust stock with every sale and return.

Comparison Reports

Inch your business closer to maximum optimization with smart insights on your ad spend, profit margin, return rate, and more. ConnectBooks’ comparison reports allow you to measure different time periods (years, quarters, months, or whatever makes the most sense for your company) to tweak the levers that’ll help you grow revenue and profitability. And if you’re not sure of the pricing sweet spot, ConnectBooks also has a tool for measuring that impact.

What is ConnectBooks pricing?

ConnectBooks offers a 30-day free trial and easy cancellation—no six-month locked contracts. The Profit Analytics Lite plan (starting at $14 per month) allows you to see real-time selling information, measure net profit and COGS per SKU, and find hidden expenses. The Quickbooks Summary Sync Lite plan (starting at $24 per month) includes everything in Profit Analytics plus Quickbooks syncing, profit-and-loss report generation, and more.

The Quickbooks Inventory Sync Lite plan (starting at $49 per month) has all the features in Profit Analytics Lite and Quickbooks Summary Sync Lite, plus allows you to sync per-SKU data into Quickbooks, track inventory per channel, and convert currency to USD.

ConnectBooks doesn’t try to sell you on the highest plan just for the sake of making more money. If you simply want more information on your profit, go with the low-tier Profit Analytics. If you want your financials in Quickbooks, the mid-tier Quickbooks Summary Sync Lite plan is best. And need granular details on each SKU in Quickbooks, then the Profit Analytics plan is ConnectBooks’ most popular subscription for a reason.

Who uses ConnectBooks at a brand?

ConnectBooks can, and should, be viewed by most teams at a brand. After all, it’s everyone’s job to cut unnecessary spending and expenses to maximize revenue. That being said, marketing and finance roles will get the most actionable steps from using ConnectBooks.

Because the tool offers detailed insights on gross and net profits, ad spend and cost per sale, and individual item-level statistics, Marketing & Growth and Finance & Accounting departments can use ConnectBooks to optimize their inputs and make adjustments to maximize everything they do on a daily, weekly, monthly, and quarterly basis.

Opinion: Is ConnectBooks worth it?

Varying sizes of ecommerce brands can all benefit from ConnectBooks’ functionality. If you only have one channel and a few products, you can get a better understanding of your profits in a clean, easy-to-read manner. And if you’re selling on Amazon, eBay, and Shopify and have dozens of SKUs, ConnectBooks’ Quickbooks Inventory Sync Lite plan will give you the most comprehensive overview of your business.

If you use an accounting software other than Quickbooks or Xero, or you’re doing multiple nine figures and have more channels than just Shopify, Walmart, eBay, and Amazon, ConnectBooks may not be the best for you as all of your data won’t be lined up.

With ConnectBooks’ free trial and clean interface, most ecommerce operators can find a way to incorporate the software into their business risk free. Who knows, you may just uncover the next optimization that’ll take your brand to the next level.