{"id":480,"date":"2017-02-18T01:11:38","date_gmt":"2017-02-18T09:11:38","guid":{"rendered":"http:\/\/www.agiliron.com\/blog\/?p=480"},"modified":"2025-11-25T02:32:04","modified_gmt":"2025-11-25T10:32:04","slug":"ecommerce-finance-six-helpful-tools-to-help-ecommerce-businesses-stay-cash-flow-positive","status":"publish","type":"post","link":"https:\/\/www.agiliron.com\/blog\/ecommerce-finance-six-helpful-tools-to-help-ecommerce-businesses-stay-cash-flow-positive\/","title":{"rendered":"eCommerce Finance: Six Helpful Tools To Help eCommerce Businesses Stay Cash-Flow Positive"},"content":{"rendered":"<p><img fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter size-full wp-image-471\" src=\"https:\/\/www.agiliron.com\/blog\/wp-content\/uploads\/2017\/01\/55515_image-post_011817-3.png\" alt=\"\" width=\"675\" height=\"372\" title=\"\" srcset=\"https:\/\/www.agiliron.com\/blog\/wp-content\/uploads\/2017\/01\/55515_image-post_011817-3.png 675w, https:\/\/www.agiliron.com\/blog\/wp-content\/uploads\/2017\/01\/55515_image-post_011817-3-300x165.png 300w\" sizes=\"(max-width: 675px) 100vw, 675px\" \/><\/p>\n<p>There are no shortage of accounting, payroll, or POS tools. As an eCommerce seller, wholesaler, or online retailer, you have an increasingly large number of choices to make when it comes to managing the financial state of your business. And, as it might seem, many business owners are overwhelmed by their choices. According to a <a href=\"http:\/\/www.waspbarcode.com\/buzz\/small-businesses-accounting-stats\/\" target=\"_blank\" rel=\"noopener\">Wasp Barcode Small Business Accounting Statistics Report<\/a>, only 40% of small business owners feel they are extremely knowledgeable about accounting and finance.<\/p>\n<p>Yet, there seems to be a never-ending list of new tools that are built specifically to help you more easily manage your day-to-day finances. So, what gives? You have a LOT to think about as a small business owner\u2014even more depending on the complexities and uniqueness of your own business. Finding the right financial tools for your business shouldn\u2019t be a stressful task.<\/p>\n<p>So, in this post, we\u2019ll take a closer look at six, seriously helpful financial tools for small eCommerce, wholesale, and\/or retail stores. Whether you or already using these tools in your business or not, they\u2019re worth checking out.<\/p>\n<div style=\"background: #fffb90; border: 1px solid #fffb90; padding: 15px 15px; margin: 0 0 20px 0; font-size: 18px;\"><strong>Exclusive Bonus:<\/strong> <a class=\"manual-optin-trigger\" href=\"#\" data-optin-slug=\"ja1swul7h4c71pyy\">Download this Free Cheat Sheet<\/a> That includes six, money-saving tools that will help your eCommerce business stay cash-flow positive!<\/div>\n<h2>Six of the most USEFUL small business financial tools you should check out if you want to save time, spend less effort, and keep your eCommerce business cash-flow positive:<\/h2>\n<h3>1) QuickBooks: Reliable accounting with seriously flexible integrations<\/h3>\n<p>You most assuredly know <a href=\"https:\/\/quickbooks.intuit.com\/\" target=\"_blank\" rel=\"noopener\">QuickBooks<\/a>, Intuit\u2019s market-leading accounting software for small businesses. QuickBooks powers more than 30 million small businesses in the U.S. alone, and enjoys nearly 80 percent market share.<\/p>\n<p>QuickBooks makes it easy to sync real-time data between your sales system and its own software (especially if your online store runs on Shopify). QuickBooks allows you to easily integrate with Shopify, enabling you to easily import all of your order and refunds directly into QuickBooks. You can also sync orders, record Shopify fees, view a summary of your account balances, and understand what sales tax you owe.<\/p>\n<p>QuickBooks also integrates with many popular inventory management systems, including Stitch Labs, SOS Inventory, Unleashed, and TradeGecko, just to name a few. From right within QuickBooks, you can view inventory quantities, order value(s) and status, and manage your purchase orders.<\/p>\n<p><b>Why we like QuickBooks for eCommerce:<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\">Popular integrations with the vast majority of eCommerce software<\/li>\n<li style=\"font-weight: 400;\">Syncing data between systems (and keeping it updated) is a breeze<\/li>\n<li style=\"font-weight: 400;\">Dead simple to use (very user-friendly)<\/li>\n<\/ul>\n<h3>2) Xero: Cloud-based accounting with limitless integration capabilities<\/h3>\n<p><a href=\"https:\/\/www.xero.com\/us\/\" target=\"_blank\" rel=\"noopener\">Xero<\/a> bills itself as the \u201cQuickBooks alternative,\u201d though if we\u2019re being honest, the two are very similar. Yet, where Xero shines\u2014particularly from an eCommerce standpoint\u2014is in its flexibility.<\/p>\n<p>Xero integrates with more than <a href=\"https:\/\/apps.xero.com\/\" target=\"_blank\" rel=\"noopener\">450 add-on business applications<\/a>, which means that most shopping cart, inventory management, point-of-sale (POS), CRM, payroll, and sales tax platforms play nicely with Xero. In fact, you\u2019d be hard-pressed to find a popular eCommerce platform that Xero does NOT support.<\/p>\n<p>Like QuickBooks, Xero offers seamless integration with leading eCommerce platforms, including Shopify, Magento, and WooCommerce.<\/p>\n<p><b>Why we like Xero for eCommerce:<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\">Cloud-based software makes it easier (and more secure) to manage accounting<\/li>\n<li style=\"font-weight: 400;\">Easily manage and categorize your transactions (or reconcile automatically)<\/li>\n<li style=\"font-weight: 400;\">Automatic backups plus added security (Xero has never been breached)<\/li>\n<\/ul>\n<div style=\"background: #fffb90; border: 1px solid #fffb90; padding: 15px 15px; margin: 0 0 20px 0; font-size: 18px;\"><strong>Exclusive Bonus:<\/strong> <a class=\"manual-optin-trigger\" href=\"#\" data-optin-slug=\"ja1swul7h4c71pyy\">Download this Free Cheat Sheet<\/a> That includes six, money-saving tools that will help your eCommerce business stay cash-flow positive!<\/div>\n<h3>3) Vantiv: Fast-growing payment processing &amp; eCommerce fraud protection<\/h3>\n<p>Vantiv provides credit card processing and merchant payment services for all types of businesses, including in-store retail and eCommerce. Yet, Vantiv isn\u2019t just another payment processor. Where Vantiv really excels is in helping eCommerce businesses prevent fraudulent activities, including fraud-related chargebacks.<\/p>\n<p>In fact, they\u2019ve developed an entire suite of tools for eCommerce businesses in particular, all of which are designed to protect you from potentially damaging security breaches and fraudulent activity. Vantiv is capable of plenty more, but it\u2019s security features give it a boost in our mind.<\/p>\n<p>Vantiv can help protect your business, potentially saving you a ton of time, energy, and money that might otherwise threaten both your short and long-term cash flows.<\/p>\n<p><b>Why we like Vantiv for eCommerce:<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\">Continuing focus on improved security measures and compliance standards<\/li>\n<li style=\"font-weight: 400;\">Prides itself on its flexibility and openness (focused on customer experience)<\/li>\n<li style=\"font-weight: 400;\">Named one of the Fastest Growing Companies of 2016<\/li>\n<\/ul>\n<h3>4) Avalara: Industry-leading sales tax compliance with 500+ partners<\/h3>\n<p><a href=\"https:\/\/www.avalara.com\/?gclid=CMGzyrqBxtECFY9afgod2jsEwg&amp;CampaignID=70133000001QHN5&amp;lso=Paid%20Digital&amp;lsmr=Paid%20Digital&amp;_bk=%20ava%20%20lara&amp;_bt=167403664948&amp;_bm=b&amp;_bn=g&amp;s_kwcid=AL%215131%213%21167403664948%21b%21%21g%21%21%2Bava%20%2Blara&amp;ef_id=WG1H1wAAAH9zc0DC%3A20170116061407%3As&amp;referrer=https%3A%2F%2Fwww.google.com%2F&amp;lastReferrer=www.avalara.com\" target=\"_blank\" rel=\"noopener\">Avalara<\/a> helps business owners manage sales tax calculations and filings. If you\u2019re selling online, you probably know that collecting sales tax isn\u2019t all that difficult. It\u2019s the process of calculating, completing, and filing that burdens most eCommerce sellers.<\/p>\n<p>What makes Avalar a preferred choice among many eCommerce businesses is its <i>automated<\/i> sales tax calculations (using Avalara <a href=\"https:\/\/www.avalara.com\/products\/sales-and-use-tax\/returns\/?gclid=CMGzyrqBxtECFY9afgod2jsEwg&amp;CampaignID=70133000001QHN5&amp;lso=Paid%20Digital&amp;lsmr=Paid%20Digital&amp;_bk=%20ava%20%20lara&amp;_bt=167403664948&amp;_bm=b&amp;_bn=g&amp;s_kwcid=AL%215131%213%21167403664948%21b%21%21g%21%21%2Bava%20%2Blara&amp;ef_id=WG1H1wAAAH9zc0DC%3A20170116061407%3As&amp;referrer=https%3A%2F%2Fwww.google.com%2F&amp;lastReferrer=www.avalara.com\" target=\"_blank\" rel=\"noopener\">Returns<\/a>). You can also opt for a DIY sales tax filing options, but Avalara makes it super simple to automate the process. What\u2019s more, you can manage Avalara inside most accounting and\/or eCommerce software.<\/p>\n<p>Avalara has more than <a href=\"https:\/\/www.avalara.com\/us\/en\/products\/integrations.html?referrer=https:\/\/www.google.com\/&#038;lastReferrer=www.avalara.com\" target=\"_blank\" rel=\"noopener\">530 pre-built integrations<\/a>, including: QuickBooks, Magento, WooCommerce, Shopify, Bigcommerce, and many more. You can check out a full list of all available add-ons and integrations <a href=\"https:\/\/www.avalara.com\/integrations\/?referrer=https:\/\/www.google.com\/&amp;lastReferrer=www.avalara.com\" target=\"_blank\" rel=\"noopener\">here<\/a>.<\/p>\n<p><b>Why we like Avalara for eCommerce:<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\">Backed by an industry-leading guarantee<\/li>\n<li style=\"font-weight: 400;\">More available integrations than any other sales tax management provider<\/li>\n<li style=\"font-weight: 400;\">Supports automates sales tax calculations and filings (DIY option available)<\/li>\n<\/ul>\n<h3>5) TaxCloud: No-frills, low-cost sales tax compliance with 85+ integrations<\/h3>\n<p><a href=\"https:\/\/taxcloud.com\/\" target=\"_blank\" rel=\"noopener\">TaxCloud<\/a> makes it easy for eCommerce businesses\u2014including retailers and wholesalers\u2014to remain sales tax compliant. It\u2019s also totally free (<a href=\"https:\/\/taxcloud.net\/#pricing\" target=\"_blank\" rel=\"noopener\">Automated Compliance Service only<\/a>, otherwise $10 per month), which is a HUGE plus for any business who\u2019s looking to remain cash-flow positive.<\/p>\n<p>TaxCloud, like Avalara, also maintain a rather large list of integration partners. Currently, TaxCloud integrates with more than 80 <a href=\"https:\/\/taxcloud.net\/#partners\" target=\"_blank\" rel=\"noopener\">eCommerce and shopping cart platforms<\/a>.<\/p>\n<p>In a nutshell, TaxCloud works with your shopping cart and\/or order management software to calculate sales tax during checkout. Essentially, it handles sales tax calculation at the point-of-sale.<\/p>\n<p>There is one MAJOR difference between TaxCloud and Avalara:<\/p>\n<p>TaxCloud does NOT file sales tax returns on your behalf, nor does it offer an automated calculations and filing service. This is something you must do on your own. Still, for a free service, TaxCloud is a handy tool for eCommerce merchants.<\/p>\n<p><b>Why we like TaxCloud for eCommerce:<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\">Calculates sales tax in real-time by targeted location<\/li>\n<li style=\"font-weight: 400;\">Automatically keeps track of exemptions<\/li>\n<li style=\"font-weight: 400;\">Keeps up with tax changes and updates automatically<\/li>\n<li style=\"font-weight: 400;\">Provides robust reporting capabilities<\/li>\n<\/ul>\n<h3>6) ShipStation: One of the best shipping solutions for eCommerce<\/h3>\n<p>Okay, so ShipStation isn\u2019t exactly an accounting tool. But, it\u2019s one of our favorite shipping tools for eCommerce businesses, which tremendously helps you cut down on your expenses. Simply put, ShipStation helps you save time and money, which is important for business owners who want to spend more time running their business, making money, and keeping cash flow where it needs to be.<\/p>\n<p>ShipStation integrates directly with most leading eCommerce and shopping cart software (Shopify, Bigcommerce, Magento, etc.), as well as most leading inventory management providers (re: TradeGecko, etc.).<\/p>\n<p>It also integrates directly with QuickBooks, which is another reason why we had to include ShipStation on this list.<\/p>\n<p>There is no lengthy setup process or onboarding. You can be up and running with ShipStation in less than five minutes. From setup to fulfillment, ShipStation enables you to operate efficiently. Even better, ShipStation can help you scale your eCommerce business when you\u2019re ready.<\/p>\n<p><b>Why we like ShipStation for eCommerce:<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\">Integrates directly with QuickBooks for even more visibility<\/li>\n<li style=\"font-weight: 400;\">No lengthy setup process (ready to use in minutes)<\/li>\n<li style=\"font-weight: 400;\">Easily customizable automation rules to save you time<\/li>\n<li style=\"font-weight: 400;\">Ability to scale with growing eCommerce businesses<\/li>\n<\/ul>\n<h2>To recap:<\/h2>\n<p>You have a number of choice when it comes to accounting and\/or financial services software to power your eCommerce, wholesale, or online retail business.<\/p>\n<p>These are six of our favorites which are definitely worth consideration:<\/p>\n<ol>\n<li style=\"font-weight: 400;\"><strong>Quickbooks: industry-leading accounting software<\/strong><\/li>\n<li style=\"font-weight: 400;\"><strong>Xero: accounting software with hundreds of integrations<\/strong><\/li>\n<li style=\"font-weight: 400;\"><strong>Vantiv: industry-leading fraud protection for eCommerce \/ retail<\/strong><\/li>\n<li style=\"font-weight: 400;\"><strong>Avalara: the best sales tax software for automating and filing<\/strong><\/li>\n<li style=\"font-weight: 400;\"><strong>TaxCloud: a free alternative for sales tax calculations<\/strong><\/li>\n<li style=\"font-weight: 400;\"><strong>ShipStation: the best shipping solution for eCommerce<\/strong><\/li>\n<\/ol>\n<p>So, there you have it. Which tools do you use to help your business stay cash flow positive?<\/p>\n<div style=\"background: #fffb90; border: 1px solid #fffb90; padding: 15px 15px; margin: 0 0 20px 0; font-size: 18px;\"><strong>Exclusive Bonus:<\/strong> <a class=\"manual-optin-trigger\" href=\"#\" data-optin-slug=\"ja1swul7h4c71pyy\">Download this Free Cheat Sheet<\/a> That includes six, money-saving tools that will help your eCommerce business stay cash-flow positive!<\/div>\n","protected":false},"excerpt":{"rendered":"<p>There are no shortage of accounting, payroll, or POS tools. As an eCommerce seller, wholesaler, or online retailer, you have an increasingly large number of choices to make when it comes to managing the financial state of your business. And, as it might seem, many business owners are overwhelmed by their choices. According to a [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":471,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[45,13],"tags":[74,75,51,73,76],"class_list":["post-480","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ecommerce","category-growing-your-business","tag-cash-flow","tag-cash-flow-positive","tag-ecommerce-business","tag-ecommerce-finance","tag-ecommerce-tools"],"_links":{"self":[{"href":"https:\/\/www.agiliron.com\/blog\/wp-json\/wp\/v2\/posts\/480","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.agiliron.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.agiliron.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.agiliron.com\/blog\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.agiliron.com\/blog\/wp-json\/wp\/v2\/comments?post=480"}],"version-history":[{"count":0,"href":"https:\/\/www.agiliron.com\/blog\/wp-json\/wp\/v2\/posts\/480\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.agiliron.com\/blog\/wp-json\/wp\/v2\/media\/471"}],"wp:attachment":[{"href":"https:\/\/www.agiliron.com\/blog\/wp-json\/wp\/v2\/media?parent=480"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.agiliron.com\/blog\/wp-json\/wp\/v2\/categories?post=480"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.agiliron.com\/blog\/wp-json\/wp\/v2\/tags?post=480"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}