Scandic Books provides an integration platform that automates accounting by connecting e-commerce and advertising platforms like Fortnox and Shopify to financial systems. This solution eliminates manual bookkeeping tasks for e-retailers, saving them time and reducing errors in financial reporting.
Funding
Funding not disclosed
Founders
Product
Problem
E-commerce businesses often struggle with manual bookkeeping tasks, requiring them to spend significant time and resources on reconciling data from various e-commerce and advertising platforms with their financial systems. This manual process is prone to errors and inefficiencies, leading to inaccurate financial reporting and hindering business insights.
Solution
Scandic Books offers an integration platform designed to automate accounting processes for e-commerce businesses. The platform connects e-commerce platforms like Shopify and advertising platforms like Meta to accounting systems like Fortnox, automatically retrieving documents and booking them. By integrating these systems, Scandic Books eliminates the need for manual data entry, reduces errors, and saves e-retailers time. The platform supports multiple integrations within the same pricing plan and handles various payment methods, offering an all-in-one solution for automated bookkeeping.
Target Audience
The primary target audience includes e-commerce businesses looking to automate their accounting processes and accounting firms seeking to streamline bookkeeping for their e-commerce clients.
Features
- Automated data retrieval and booking from e-commerce and advertising platforms
- Integration with Fortnox, Shopify, Meta, and other popular platforms
- Support for multiple integrations within the same pricing plan
- Handling of various payment methods
- OSS (One-Stop Shop) support for VAT reporting
- Multi-currency support
- Inventory synchronization
- Refund and chargeback management
- Event logging and transaction documentation