Need help consolidating your sales data from multiple e-commerce platforms?

Joe Virtue from Page Kirk's cloud accounting team looks at a new app for retailers that can really help with efficiency and business growth.

As online consumerism has increased over the years – and even more so during the pandemic – many businesses have been prompted to migrate more towards digital sales and expand across an array of e-commerce platforms such as eBay, Amazon, Shopify and Etsy. As a result of this, companies may have been presented with various challenges regarding the way the sales data can be transferred from multiple e-commerce platforms into one place for detailed analysis, such as QuickBooks or Xero.

Even though all these platforms enable you to export sales data, most are formatted differently, so it can be quite a task to carry out cross-platform exports. This then impacts the efficiency when you consolidate the data; particularly tasks such as ensuring that the cut off is correct, the sales have been grossed up and any fees deducted have been recorded accurately. These processes, when done manually, can be tedious and time-consuming, but Dext Commerce have now provided a solution.

What is Dext Commerce?

Dext Commerce, powered by Greenback is an innovative accounts application which makes the labours of managing your accounts less difficult and more time efficient. Dext Commerce automatically gathers your transaction data in real time from across all your digital commerce platforms and consolidates it into simple, streamlined, and standardised data. It is then ready to be published into QuickBooks or Xero with as much or little detail as you like; from itemised data such as shipping fees, customer details, payment methods, discounts and more. With integrations ranging from eBay to Etsy and over 20 other e-commerce platforms, you can be assured Dext Commerce is compatible with your preferred platforms. Although it is automated, it is an application you can be confident does the job.

Time Saving

One of the greatest attractions to using Dext Commerce is undoubtedly the time saved by reducing manual exports and data entry. Time that would usually be lost inputting copious amounts of data can be whittled down and spent doing the things you love or establishing or building your business. Most mistakes are made during manual processes, so automating the consolidation of data from all your e-commerce platforms significantly reduces the chances of human error – in effect reducing the time spent reviewing and altering your data.

Real Time Data

With Dext Commerce, all transactions are pushed through from your platforms in real-time allowing you to stay on top of cut-off dates, deferred revenue and more; giving you confidence that all transactions have been recorded in the correct reporting period. In addition to that, having all your transactions from various platforms standardised in one place is a great tool when tracking and reviewing sales from platform, region and SKUs. Ultimately giving you valuable insights into your business on a daily basis.

Data handling has never been so easy. No longer will you have to export sales data into Excel and constantly make alterations.

We are just scratching the surface of the benefits you and your business can access when utilising Dext Commerce, If you would like to find out more, please get in touch now by calling us on 0115 955 5500 or emailing enquiries@pagekirk.co.uk.