Vencru, an all-in-one accounting and inventory management software, has announced its strategic integration with Shopify. This integration aims to automate e-commerce accounting and inventory management for small and medium-sized businesses (SMBs) using Shopify as their e-commerce platform.
The key features of Vencru’s Shopify integration include multi-channel sales tracking, real-time inventory management, financial reporting, automatic journal entries, sales tax calculation, and multi-currency support. This integration allows SMBs to gain insights into sales performance across different sales channels, sync inventory levels in real-time, generate financial statements, simplify accounting processes with automatic journal entries, ensure compliance with tax regulations, and handle multi-currency transactions.
According to Ayomitunde Ogunnaike, Head of Operations at Vencru, the goal of this integration is to empower small business owners and simplify the accounting process for e-commerce entrepreneurs. By automating accounting and inventory management tasks, SMBs can focus on growing their businesses.
This strategic integration between Vencru and Shopify is expected to save SMBs valuable time and resources, making accounting and inventory management more efficient and streamlined. It allows Shopify store owners to have a holistic view of their financial performance and ensure accurate recording of sales, expenses, and payments.
For SMBs using Shopify as their e-commerce platform, Vencru’s Shopify integration offers a solution to automate accounting and inventory management processes. By leveraging the power of this integration, SMBs can simplify their financial operations and focus on driving