The challenges of online sales
With the increasing expansion of SaaS businesses, online platforms and eCommerce, effective financial management has become more crucial than ever.
Applications such as Pennylane and Chargebee perfectly address these challenges and help these companies manage and streamline their financial processes.
Pennylane - presentation
Pennylane is a comprehensive and easy-to-use financial and accounting management tool that allows you to automate 100% of your financial processes .
The application integrates, among other things, purchasing, sales and cash management tools. Pennylane also offers an integrated payment service to connect digital accounting to the financial flows recorded by your payment applications, such as Stripe , GoCardless or PayPal .
Chargebee - presentation
The Chargebee application automates recurring billing processes and facilitates subscription management. Primarily aimed at SaaS and eCommerce businesses , Chargebee also offers a centralized view of all transactions, allowing businesses to focus on their growth and development.
One of the interesting features of Chargebee is the intelligent recovery of payments which have been refused thanks to automated attempts and reminders.
So why connect Pennylane and Chargebee?
By connecting Chargebee to Pennylane, companies that offer online subscriptions more particularly, benefit from numerous advantages.
1- Invoice synchronization
For business managers and their accounting teams, connecting Chargebee and Pennylane first allows you to find all invoices and subscriptions published on Chargebee directly in Pennylane. You no longer have to worry about importing and retrieving data. Everything is done automatically.
2- Client synchronization
When a new customer is registered on Chargebee , it will also be automatically created on Pennylane , without creating a duplicate thanks to the recovery of your data history. Here too, you save valuable time and limit the risk of entry errors.
3- Payment synchronization
If you have connected payment applications such as Stripe , GoCardless or PayPal to Chargebee and/or Pennylane, all of your transaction flows will be reflected directly into your accounting under Pennylane. This also allows you to automate the bank reconciliation between your customer invoices and your receipts. Enough to monitor and anticipate the evolution of your cash flow in a reliable and efficient manner.
You will have understood, connect Chargebee to Pennylane enables businesses, SaaS and e-Commerce to streamline their finance processes, save time managing invoices and gain visibility into their cash flow. This allows them to focus on their growth and development.
To help you connect these two applications and your other business applications to your finance process , the Blendy teams are there for you .
We have perfect mastery of financial and business apps to accelerate and streamline your financial flows. And once in place, at Blendy, a digital accountant, you benefit from the support of a team dedicated to your growth, our Success Coaches , to identify and manage the KPIs that will make your business a gem !
Contact us to find out how we can help you take advantage of the full potential of Pennylane and Chargebee!
With Blendy , French digital accountant take advantage of digital accounting to accelerate your finance process and develop your business.
Pennylane , Dext , QuickBooks and Stripe experts, we support digital and IT service companies, e-Commerce, SaaS, SMBs, in France and internationally.