Shopify, WooCommerce and Prestashop. 3 e-Commerce solutions scrutinized on the advantages and disadvantages to also manage the financial aspects of your e-business.
Manage your eCommerce
When managing an eShop, the choice of your sales platform is essential. Beyond the aspects of product and inventory management, there are the accounting and finance aspects.
Indeed, the financial management of your eCommerce can quickly become tedious. Accounting for customer payments and reimbursements, establishing invoices and credit notes, but also managing cash flow and suppliers... all these aspects must be able to be done without consuming 100% of your time!
Here are three platforms that can help you manage your e-store finances easily. And if you can't make it, call us!
1. Shopify
Benefits :
Ease of use: Shopify is known for its simplicity and user-friendly interface. It allows a quick start of the online store.
Payment Management: The platform offers seamless integration with various payment gateways, ensuring seamless transaction tracking.
Financial Reports: Shopify offers a full range of pre-built financial reports, including essential KPIs such as revenue, cash flow and payment terms.
Disadvantages:
Monthly Costs: While Shopify offers a range of plans, monthly costs can be higher than some other solutions.
Limited customization: Although Shopify offers many features, advanced customization may require development skills.
2. WooCommerce
Benefits :
Integration with WordPress: As a WordPress extension, WooCommerce integrates perfectly with the popular CMS, providing great flexibility.
Customization: WooCommerce offers a high level of customization through a wide range of plugins and themes.
Full Control: Shop owners have full control over the site and data, making it easy to customize financial reports.
Disadvantages:
Maintenance: As an open-source extension, WooCommerce requires more proactive management for updates and security.
Accommodation required: You will need to arrange your own accommodation, which may add additional costs.
3. PrestaShop
Benefits :
Usability: Prestashop is renowned for its ease of use and quick installation, ideal for entrepreneurs just starting out.
Integrated reporting: The platform offers integrated financial reports, allowing you to track essential financial KPIs.
Disadvantages:
Scalability: While Prestashop is ideal for small and medium businesses, it may experience limitations as the business grows.
Community Support: Official support is limited, which means you may have to rely on the community for some troubleshooting.
Make the right choice
In conclusion, the choice between Shopify, WooCommerce and Prestashop will depend on the specific needs of your business. And you will have understood, it is not just about being able to manage an eCommerce site and a range of products. The administrative, accounting and financial management aspects are essential.
At Blendy , we work with several eCommerce players to help them better manage the financial aspects of their business. Thus, we help them connect their platform and other apps directly to their accounting software such as Pennylane, Odoo or Netsuite for example.
Then, we support them to optimize all financial aspects (VAT, payroll, taxation, manager's remuneration, etc.) and provide them with unlimited advice and support to accelerate and make their growth more reliable.
Do you want to know if and how we can help you in the daily management of your business? Book a video call now !
With Blendy , French digital accountant, take advantage of all the advantages of digital accounting to accelerate your finance process and develop your business.
Pennylane, Dext , QuickBooks and Stripe certified , we support digital companies, e-Commerces, IT services, SaaS, in France and internationally .