Synder app comes to mind when it comes to a seamless automation tool that helps businesses manage their financial dealings faster and better in a single centralized location. The app is mostly used by small business owners and start-ups who find it hard to grip their finances. Synder app offers solutions for these entrepreneurs by providing more efficient, accurate, and fast bookkeeping and accounting for their businesses.
Businesses can conveniently sync many e-commerce transactions with this app, including Paypal, Stripe, Shopify, eBay, Amazon, Etsy, and Woo Commerce. It is quite straightforward to set up as every function is automatic. It saves more time, and the settings are customizable.
Ease of use
Value for Money
Starting from: $39/month
Pricing Model: Subscription
Yes, has free trial
No free version
- Responsive customer care support
- Intuitive and simple interface
- One-time set up
- Fast syncing of online payment options
- Extensive settings and accounting tools
- It saves time
- It can be difficult to navigate through initially
- There are limits on sync
- Limited features
- Small business
- Medium business
- Cloud, SaaS, Web-Based
Synder App – Accounting for E-Commerce Businesses
In today’s busy markets, running a small business is stressful. Statistics show that 41% of owners handle every aspect of their business, leading to deprioritizing or overlooking important tasks. An example of a frequently overlooked task is accounting and finance.
However, technology is advancing, and so does automatizations for accounting tasks. An example of such software is Synder. It streamlines financial business processes, leaving you with more time for what you like to do.What is Synder? Synder is a financial and accounting automation tool used to manage businesses’ finances better and efficiently. Navigating through many sales platforms to attend to customers can be daunting. However, you don’t have to experience that anymore, as Synder boasts of helping you.
Now, you don’t need to track the transactions on your e-commerce platforms manually anymore. Instead, Synder helps you integrate them automatically, so you only do less work. With a single control on the Synder app, you can synchronize over ten digital payment processors and accounting platforms, including Amazon, Shopify, Stripe, Etsy, PayPal, and eBay.
What can you do with the Synder app?
As far as financial management is concerned, there is no limit to what you can achieve to make your finances accessible any day or time. For example, you can use Synder to integrate all e-commerce channels under one account and interface. In other words, if you operate several sales channels for your business, you can use Synder to manage all accounting accessible in a single location.
That saves time and effort instead of exhaustive navigation through many apps and tools. In addition, you can use the app to break down different business transactions, such as your inventory, sales tax, commission fees, net sale, and so on.
Once you are a member of the Synder app, below are some of the amazing features you will have free access to.
Digital Payments Import
You will enjoy a seamless import of digital payments, both previous and real-time, into accounting software with clear data categorization and enhanced protection of your books against any duplicates detection.
The rollback function allows you to correct any wrong data transfer in a snap of your fingers without distorting any information.
With Synder, you can send or receive online credit card payments from any sales channels you use and send invoices to your customers digitally. For instance, your social media pages can serve as checkout pages, allowing you to get paid instantly. That way, your customers can have easier ways of making payments with no fear.
You will get Instant, detailed, and comprehensive data report on your sales to help you make informed decisions. For instance, you can automatically segment transaction information by inventory, cost, sales tax, products discount, customer location, and so on.
Synder app allows you to record all the transactions for a particular period and reconcile all data with one click on “Match” without entering data manually.
Synder can help you improve your customer service and brand image. For example, you can send an appreciation message or email to newly registered users, making them feel welcome and appreciated without purchasing one product.
When it feels like everything is tied to set up on the app, don’t worry much. Synder offers comprehensive and explanatory video tutorials and guides on their websites. In addition, you can reach their Customer support through phone calls, live chat, and email. Also, their support team conducts one-to-one sessions with customers, educational webinars, and free demo classes.
Synder offers a relatable and easy pricing plan for its users. The app offers a free trial that requires no credit card and three pricing plans, including Medium, Scale, and Large. These subscription plans are based on the number of monthly transactions you want to sync in your business. For instance, sale, expense, payment transactions are seen as one Sync within the app. You can choose to be charged monthly or yearly.
Starter Plan: $39/per month and $31/month billed yearly for 500 monthly transactions. For more transactions/month, the cost will grow exponentially.
You have access to unlimited integrations, 500 to 2,500 monthly transactions (the pricing is tiered), one Smart Rule, one year of historical data, and up to 3 users for this plan. However, the reconciliation is basic in this plan, and the Sync is made daily, not instant.
Scale Pricing Plan: $89 billed monthly and $71/month billed yearly for 1,000 monthly transactions. You can have up to 5,000 monthly transactions, but the cost will be bigger.
Scale plan features are more extensive in scope than the Starter plan. Aside from unlimited integrations and one Smart Rule, it offers five users, instant Sync, and extended inventory tracking.
Large Pricing Plan: $319 billed monthly and $255/month billed yearly for up to 5,000 monthly transactions.
The large plan is best suited for mature businesses with more than 5,000 monthly transactions. It includes all the features in the other plans, plus: 3 Smart rules, unlimited users, product mapping, bundle and assemblies Syncs, and white-glove onboarding.
Synder Free Trial
Snyder offers new users ten free trials to check the capability of the app. This offer is quite generous as it features an array of automated bookkeeping without requesting any payment information. In addition, this trial period has no time limits once you have free syncs on your account. Also, you can use the trial period on any payment platform, just like you would on a paid plan.
As good as the Synder accounting platform stands out, many finance management apps on the internet. They also offer amazing features to make businesses run smoothly. Check out the following alternatives in comparison to Synder:
1. Zoho Invoice
This app is the closest to Synder based on popularity and similar features. Its unique features include a timer, time tracking by the client, document templates, and project billing. Also, you can put your business logo and customize invoices.
2. Zoho Books
Even though it has the same name as our first account platform alternative, it is slightly different. This app offers accounting for e-commerce apps effortlessly. In addition, it boasts of contract management, spending management, two-factor authentication, and prioritization.
Ecwid is an accounting platform that provides solid e-commerce management while tracking every activity that goes on the app. Other features include inventory control and loyalty programs for customers.
One thing that makes this accounting platform stand out is its detailed SEO management of businesses. That way, users’ products can have more visibility and reach the right customers. Besides this, it offers to manufacture inventory management, cost tracking, and purchasing and receiving.
This app helps you manage any problem that may arise on sales channels effectively. Also, the app keeps track of manufacturing and inventory management regularly.
Fraxion offers users an intuitive and simple interface to keep track of their business’s accounting for e-commerce. Their features include proactive spend management, vendor management, procurement, and financial analysis.
With Bitrix, you have access to the product catalog, visual workflow management, and customizable templates. Also, the app offers a real-time chat with their support team, who are always ready to help you have a stress-free experience. It offers customized tools for different industries, such as legal, marketing, HR, transportation, restaurants, communication, and more.
8. HEALTHsuite Advantage
This accounting platform is specifically designed for healthcare practitioners to simplify operations while meeting customers’ demands. Its unique Advantage over others includes retirement plan management, consistent data report, and analytics.
9. Sky bill Utility Billing
Sky bill is an accounting platform solution created for any utility service provider, state, or property manager. Its features include billing, accounting, meter management, client self-service portal, and so on.
Cadell deals is a billing platform that deals with energy sector billing. It provides convergent billing, network provisioning capabilities, vendor auditing, and employee self-service.
Synder vs. Bill.com
Check out the following differences between Synder and Bill.com:
- The first difference between these two apps comes from their pricing. Synder has a free trial without a credit card, and its paid lat starts from $39. Bill.com, on the other hand, has two pricing types for businesses and accounting firms. They also offer a free trial with the business’s pricing starting from $39 and accounting firms from $49.
- Synder offers smarter finance management of your online transactions on sales channels like Shopify, Stripe, Paypal, Square, etc. Bill.com provides ACH payments and automates your accounts receiver.
- Synder only offers simple accounting for e-commerce platforms so that entrepreneurs can simplify their transactions. On the other hand, Bill.com offers both businesses and accounting firms to reduce manual entry data and make bookkeeping effortless.
- Although these two apps have some similar features, a large number of their tools differ. For instance, Synder provides easy integration with online processors and the accounting platforms, proper reconciliation, duplicate detectors, automation of historic and ongoing transactions, detailed data on sales transactions, etc. Bill.com offers its users integration with QuickBooks. Xero, unlimited document storage, international wire transfer, customer approval policy, enhanced phone support, API access for custom integration, customized invoice templates, etc.
- Synder was founded in 2016 with its headquarter in San Francisco, United States of America. However, Bill.com was founded in 2006 with its headquarter in San Jose, California, USA.
Synder Review Conclusions
Financial management can be overwhelming, especially for small business owners. When not done right, it can slow down the progress of businesses. Luckily, Synder aims to fill these loopholes by proving seamless accounting for e-commerce.
Synder app is an accounting platform that provides enhanced accounting and financial management of sales transactions. For example, instead of updating sales transactions, sales tax, invoices, costs manually. In addition, it provides an automatic way to integrate everything with your different sales platforms in one location.
Synder offers a free trial with functional features without requesting your credit card. Their paid plans are in three categories starting from $39, featuring enhanced and extensive tools and features.