Imagine running a product-based business online via multiple sales channels. Then, imagine having to do the bookkeeping for your individual sales platforms. Now imagine having to cross-reference all of that information to create customer profiles and track your inventory, orders, expenses, and so on.
Yikes!
Luckily, Intuit has released its Quickbooks Commerce platform, making data inventory management a streamlined and simplified process for small business owners.
In this article, we're going to give you a complete overview of the new Quickbooks Commerce platform, including the pros and cons. So, if you want to learn how to use QuickBooks for Commerce to your benefit, keep reading.
Intuit Quickbooks Commerce, formerly known as TradeGecko, falls under the software-as-a-service (SaaS) category. In a nutshell, it's a cloud-based e-commerce platform designed for small business owners to access and manage multiple sales channels all in one place.
By using Quickbooks Commerce along with other Quickbooks tools, small business owners can sync their inventory, orders, invoices, customer information, employee information, vendor information, expenses, etc., from a variety of sales channels into the one platform. From there, they can generate financial reports and gain profitability insights while also avoiding out-of-stocks. Additionally, everything can be done online or offline.
Quickbooks Commerce can connect with different marketplaces, websites, and sales systems providers. Not only does this provide small businesses with flexibility and scalability to an extent but it can streamline the entire process of bookkeeping from start to finish.
The Quickbooks Commerce platform for ecommerce businesses is there to integrate and streamline payments, products, orders, and sales data. Essentially, it's an all-in-one bookkeeping tool with various features that will make your life easier while giving your businesses the means to level up.
The features included with the ecommerce platform focus on three distinct areas of online sales: inventory and manufacturing, order management and shipping, and customer relationships.
Let's take a closer look:
Quickbooks Commerce offers a nice variety of tools that support your inventory and manufacturing management so you can have complete control over every product you sell. It doesn't matter whether you're in the business of wholesaling or you own a virtual boutique shop with an additional Etsy store; you'll get to take advantage of the following inventory and manufacturing management features:
The Quickbooks Commerce inventory and manufacturing management interface is incredibly convenient and easy to use, and it'll keep track of all the complicated backend processes, so you don't have to.
Quickbook Commerce's order management and shipping tools go beyond inventory, allowing small business owners to manage their orders and supply requests in an automated fashion. This is something that enabled business owners to reinforce their online position while simultaneously increase their revenue stream. The features for online order management and shipping include:
The online management and shipping tools that Quickbooks Commerce offers allows you to manage all your sales channels on one singular platform. You can set up notifications to receive alerts on all smart devices, so you can keep an eye on the entire process and mitigate risks.
The extra features that Quickbooks Commerce offers allow you to go beyond your typical customer service experience and marketing tactics to build trust and loyalty. Especially if you're an up and coming brand, the following features can make or break your success:
Your entire business depends on lasting, quality customer relationships. The features and tools offered for your business's customer relationships are crucial to your success and growth.
There are five options you can choose from if you're thinking about using and integrating the Quickbooks Commerce platform. Intuit also offers a 14-day free trial, so you can try it out before committing.
Here are your options:
There is also a Pro option that Intuit offers to enterprise-level businesses, but you'd have to call and speak with the team for pricing and features. Additionally, if you pre-pay for an entire year of services, you'll get your plan of choice at a discounted rate.
As with most SaaS software companies and products, you must consider the pros and cons before diving in. Quickbooks Commerce platform is arguably one of the best accounting integrations software on the market today. It allows businesses total control of their inventory and data management while optimizing their daily workflow processes.
However, the company behind the product isn't without its faults. Namely, they seem to lack customer service and support, which may make your life difficult should you need assistance.
We've laid out the pros and cons for you:
There aren't many cons to using the Quickbooks Commerce platform, but it's still a good idea to make use of the free trial to see how it works for you before you make any commitments.
Using the Quickbooks Commerce platform is a breeze. All you have to do is choose your plan and integrate it with your current ecommerce platform. Once you get past the initial setup which includes tutorials Quickbooks Commerce will integrate with Quickbooks Online to funnel your multi-channel platform into one so you can start seamlessly managing your entire business.
Need help integrating Quickbooks Commerce with your 3dCart ecommerce platform? Contact us today, and we'll help get you started on learning how to use the Quickbooks Commerce platform with your 3dCart account. Our team is here to answer all of your questions, 24/7.