Are You Frustrated With Your Inventory Control Process?
Did you ever buy an expensive kitchen gadget only to find out that another gadget you already owned got the job done?
When you buy an unnecessary kitchen gadget, you are only out a few tens or maybe hundreds of dollars. It’s only a one-time payment, and you can even get a 90-day refund.
Buying unnecessary software is a more expensive venture. First, you are out thousands of dollars, frequently on an annual recurring basis. Second, you have to invest your time, and that of your staff, to set it up. At our company we used a CRM in the past that wasn’t a good fit. By the time we switched to a new CRM we had invested thousands of hours of employee time and tens of thousands of dollars in consulting fees to set it up. Talk about waste!
We were reminded of this story by one of our customers who suggested that we recommend QuickBooks Enterprise (QBE) as an inventory control solution to our other customers.
This particular customer was using QBE with an inventory control solution that costs about $20,000. The reason he purchased Connex was to sync his Amazon sales to QuickBooks. After his on-boarding with us, he realized that the combination of Connex and QBE made his inventory control solution unnecessary.
Free Yourself From an Expensive Inventory Control Solution
Connex was developed by Joseph Anderson, who founded the company with a $20 investment when he was only 25 years old. He was inspired to free business owners from manual data entry through his personal experience. First, his mother (the sole breadwinner for the family), was laid off in her twenties due to carpal tunnel from manual data entry. Second, in his first job as a software engineer he noticed that a salesperson was spending hours every day manually entering data into QuickBooks instead of making sales calls. “Couldn’t a computer automate this?” he wondered? Joseph soon left his employer to start Connex.
The evolution of Connex from $20 to a multimillion dollar company in ten years is beyond the scope of this article. However, Connex’s mission to “Free Yourself From Manual Data Entry” has helped over 5000 ecommerce businesses since 2010 to automate data entry into QuickBooks Online and Desktop editions.
Most of our customers who need an inventory control solution already use QBE.
When you use Connex with QBE, you get more functionalities for a fraction of the cost of an inventory control solution.
How You Can Get More Functionalities With a More Affordable Solution
Connex is an accounting solution that syncs your orders and inventory with ecommerce channels and help you avoid common mistakes. In the process of syncing your sales, we adjust stock quantities so that the data in your QuickBooks is accurate. Hence, when you combine QBE with Connex you can achieve more for less money than with an inventory control solution. You can:
- Automatically adjust stock quantities between QBE and multiple selling channels
- Sync individual sales or a daily summary of sales to QuickBooks
- Sync refunds
- Map sales tax
- Calculate Cost of Goods Sold (COGS)
- Sync merchant fees
- Automatically match your bank deposits to your online payouts.
- Sync shipping information such as tracking, shipping cost
- Sync customer information
- Customize how you map fields to QuickBooks (including custom fields)
- Plus we are always on the cutting edge! We are currently the only provider who supports Intuits Web Connector 3.0 for customers on QuickBooks 2021 R4 or higher.
Have Your Been Managing Your Inventory and Your Finances Separately?
As an ecommerce merchant, you might treat your businesses separate from your accounting. Perhaps you use an expensive inventory control solution, and then hand off everything to your accountant. You are paying tens of thousands of dollars just to keep the inventory under control, and then thousands of dollars to your bookkeeper who still needs to do data entry by hand. Sounds like an expensive mess? It doesn’t have to be.
One reason Connex has evolved to be the most advanced accounting solution on the market for ecommerce businesses is that our Founder and head software developer, Joseph, personally answered support tickets from customers and adjusted the code so that Connex does what our customers need. Joseph said that he has answered 30,000 support tickets since 2010, but we believe that is an understatement!
As Joseph was running the company on his own for years before hiring his first employee, he is all about simplifying. Why use multiple tools when you can use just one? While Connex evolved over the years, Joseph and his team developed the inventory portion of the software so that you don’t have to use an additional expensive inventory control tool.
Turn QuickBooks Enterprise Into Your Web-Based Inventory Inventory Control Solution
Besides the high cost of 3rd party inventory control solutions, the other complication is that few of these tools integrate with QuickBooks Desktop editions. Those tools that do integrate with QuickBooks Desktop may offer a simple journal entry, but lack the advanced accounting functionalities that Connex offers.
In the words of Joseph: “With the help of Connex, transform QuickBooks Enterprise into a web-based inventory control solution. “
Joseph also remarked that one reason that ecommerce businesses buy an expensive inventory control solution is that they don’t know how to use QuickBooks Enterprise. They don’t realize that QBE already has inventory control functionalities. When you combine QBE with Connex you can:
- Create sales orders
- Close with an invoice
- Create a PO
- Associate with list of vendors
- Receive inventory
- Vendor credit
- Pay vendors
- Partially and fully received POs. Some vendors only send some goods at once
- Hold a list of inventory, non-inventory, and assembly items
- Show screenshot
- Custom field support
- Bar code support
- Man. Part. No.
- Default vendor
- Parent products
- Report on COGS, inventory shrinkage (e.g.spoilage, inventory adjustment)
- Build assemblies
- Show form
- Track inventory by site and bin
- Inventory transfers
- Warnings that you lack inventory to sell
- Perform inventory adjustments
- Quantity
- Price and value
- QuickBooks can accurately calculate your COGS, if it has the right data.
- No need for a complicated sync from your 3rd party inventory tool to QuickBooks.
As Joseph remarked:
“QuickBooks should be the source of truth. You can connect to a remote desktop to get a web based solution. Connex can send quantities and price changes to selling channels. At Connex, we specialize in syncing orders. We bring in the fees, do deposit matching, and sync refunds. If you do procurement in QuickBooks, then your COGS are accurate. We offer a complete solution!”
Why Our Customers Choose Sync with Connex
- Developed specifically eCommerce business owners.
- You can scale your business by automatically syncing sales & inventory from multiple eCommerce platforms to QuickBooks Desktop or Online.
- You don’t have to spend your resources manually entering sales, inventory, and customers into your website and QuickBooks accounts.
Recommended by Intuit itself, Connex for QuickBooks will give you peace of mind that your inventory will be updated. Moreover, you will be free of the frustration of oversells and missed items.
- When your inventory is up-to-date, you can achieve higher customer satisfaction, leading to more positive reviews, and increased sales.
- For phone orders, we can sync sales from QuickBooks to your shipping solution.
- If you sell on multiple channels, you can simplify by using our solution instead of multiple tools.
- Connex integrates QuickBooks with all major e-commerce platforms, such as Woocommerce, Shopify, Magento, Amazon, and e-commerce shipping solutions such as Shipworks, Ordoro, and Shipping Easy.
–Click here for a full list of our ecommerce, shipping, and payment integrations
How can you decide whether Connex is right for your business?
The easiest way to tell whether Connex is right for your business is to contact our sales team
During this introductory call, you will discover how Connex can help you to:
- Eliminate manual data entry into QuickBooks Online or QuickBooks Desktop
- Automatically update your inventory and prevent oversells and refunds
- Manage sales from multiple channels in one app
- Connect your shipping solutions to QuickBooks
- Have accurate financial information in your QuickBooks, every day
Are you unsure whether Connex is right for your business?