Ecommerce Inventory Management & COGS Software | Finaloop

Spreadsheets are chaos. ERPs are a money pit.

With InventoryIQ, get accurate COGS and real-time inventory visibility in a system built for high-growth brands.

[Real time inventory management for retail and ecommerce.

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Turn your warehouse movements into instant financial intelligence

See your true margins with real-time COGS

Finaloop’s real-time FIFO COGS engine is built for multichannel ecommerce, so your margins are always accurate, with no spreadsheets in sight.

Real-time FIFO COGS by SKU, warehouse, and channel

Every fulfillment triggers an AI-driven ledger entry, keeping your P&L audit-ready 24/7

Manage recipes, kits, and bundles with our smart assemblies to ensure stock is always accurate.

Full control over fluctuating landed costs

Get full visibility over landed cost per unit across warehouses, whether you are selling DTC, ecommerce, retail, or multichannel

Automated landed cost calculations

Auto-allocation of duties, shipping, discounts, and vendor fees

Automated cost tracking for dropshipping orders

Manage your supply chain end-to-end

Easily create, send, and manage all your POs and shipments with all your vendors in one view

Manage POs and costs in one dashboard

Track status of shipments for each PO, for clear visibility on inventory in-process, in-transit, and on-hand

Track stock units across each SKU and warehouse

Track vendor balances, bills & payments in one place

With one source of truth, manage your vendors, bills, transactions, and payments in one place

Real-time tracking of vendor rolling balances and unpaid balances

Centralized view of all POs, payments, and bills for each vendor

Direct syncing between your transactions, including from Bill.com, Settle, and banks and credit cards, to your POs

We partner with the best in commerce

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How it works

Whether you sell DTC, wholesale, or multichannel, InventoryIQ gives you the visibility you've been missing

Step 1
Connect your channels and warehouses
Connect your stores, apps, and accounts
Connect your warehouses

Step 2
Customize your setup
Tell us about your operations
Review your products and opening balances
Add your recipes / Bill of Materials

Step 3
Streamline your inventory ops
Manage your POs and vendors
Track your stock per warehouse
Manage your assemblies

Jack Benzaquen
CEO, Duradry

Why brands choose Finaloop over standalone inventory software

FAQs

What is inventory management software?

Inventory management software helps businesses track inventory from purchasing through sale, ensuring accurate inventory levels, inventory valuation, purchasing, and cost of goods sold (COGS).

How is InventoryIQ different from a traditional inventory management system?

Traditional inventory management systems focus on stock levels and warehouse operations.

How does InventoryIQ calculate inventory value?

InventoryIQ continuously tracks inventory purchases, landed costs, stock movements, and sales to maintain an accurate inventory valuation in real time based on first-in-first-out (FIFO) inventory tracking.

How does InventoryIQ calculate COGS?

InventoryIQ automatically calculates cost of goods sold (COGS) on a first-in-first-out (FIFO) based using your automated landed costs from purchasing orders, shipping costs, tariffs, and other indirect product costs.

How does Finaloop's InventoryIQ handle landed costs?

InventoryIQ automatically allocates landed costs, including freight, duties, tariffs, shipping, and other procurement costs to inventory so you can track the real cost of each item.

Which inventory costing methods does Finaloop's InventoryIQ support?

Finaloop's InventoryIQ supports the FIFO inventory costing method which allows consumer brands to most accurately track their actual margins and fluctuating costs.

Can Finaloop's InventoryIQ replace my inventory management software?

Yes. InventoryIQ syncs with your WMS and 3PLs and combines inventory management, purchasing, inventory valuation, landed costs, COGS tracking, and financial reporting in one platform.

Does Finaloop's InventoryIQ integrate with my existing apps and systems?

Yes. InventoryIQ connects with ecommerce stores, marketplaces, payment processors, banks, credit cards, bill management software, and 3PLs and WMS to create one real-time inventory and financial data foundation.