Overview
Finaloop combines accounting, inventory operations and financial analytics for consumer brands. Businesses can use its finance team to run the work or operate the underlying platform with their own staff.
What Finaloop does
Finaloop connects ecommerce activity, inventory and accounting so the financial records reflect how a consumer brand actually operates. Its service covers the books and related finance operations, with inventory management, tax support and financial advice available within the broader offering.
The platform brings sales channels, payments, supply-chain activity and financial information into a shared view. That is particularly relevant to brands whose margins depend on inventory and cost of goods sold, where a general bookkeeping setup can leave the operational and accounting records disconnected.
Customers can outsource the work to Finaloop’s finance team or use the ERP-grade accounting platform in-house. Its current website distinguishes offerings for brands at different revenue scales. The combination lets a brand choose how much operational responsibility to delegate as its internal finance function develops.
Differentiation
Compared with general bookkeeping
Finaloop connects the books with inventory and ecommerce operations. It is designed around the flow of goods and money in a consumer brand.
Compared with a service-only provider
The underlying platform can also be run by an in-house team. Customers can choose a delegated finance operation or a software-led operating model rather than a single fixed delivery arrangement.
Pricing
- Starter
- $245 / month
- For brands with up to $1M in annual gross revenue and no more than four years in business.
Investors & backers
Finaloop lists these backers on its company page.
Accel- Aleph
