Finaloop vs Odoo Integrationfor Shopify (2026)
Finaloop and Odoo Integration offer distinct solutions for Shopify merchants managing their finances and inventory. Finaloop positions itself as a full-service accounting solution specifically designed for e-commerce businesses, combining software with expert accounting services. It focuses on providing real-time, tax-ready financials and inventory management with seamless COGS calculation, targeting founders who need a comprehensive, hands-on approach to bookkeeping and financial reporting. Odoo Integration, on the other hand, acts as a connector between Shopify and Odoo, enabling real-time, two-way synchronization of orders, products, inventory, customers, and fulfillment data. The primary difference lies in their scope: Finaloop offers a complete accounting service, while Odoo Integration focuses on data synchronization between Shopify and Odoo's broader ERP system. Finaloop is ideal for merchants seeking a managed accounting solution with real-time visibility into key financial metrics. Odoo Integration is suited for businesses already using Odoo ERP and requiring seamless data flow between their Shopify store and their Odoo instance, particularly for inventory and order management.
At a Glance
Finaloop
60 reviews
Odoo Integration
22 reviews
Detailed Overview
Finaloop
Accounting software + service for ecommerce. Get real-time fully accurate bookkeeping & inventory
Key Features
- Tax-ready P&L, Cash Flow, Balance Sheet, and payable and receivable tracking
- Inventory sync & management (FIFO unit tracking) for ecommerce & retail
- Real-time financial dashboard built for founders
- Full history catch up - whether your books are messy or non-existent
Odoo Integration
Real-time Order sync with two-way sync for products, inventory, fulfillment and customers with Odoo
Key Features
- Real-time order sync to Odoo with products, customers & line items included
- Two-way sync for products, inventory levels, customers & order fulfillment
- Bulk import historical orders, products & customers from Shopify to Odoo
- Automatically send abandoned cart checkouts to Odoo CRM as sales leads
- Automatic Invoice & Payment Sync
Feature Comparison
| Rating | 5/5 | 4.7/5 |
Rating Finaloop5/5 Odoo Integration4.7/5 | ||
| Reviews | 60 | 22 |
Reviews Finaloop60 Odoo Integration22 | ||
| Target Audience | Ecommerce Founders needing full-service accounting | Businesses using Odoo ERP |
Target Audience FinaloopEcommerce Founders needing full-service accounting Odoo IntegrationBusinesses using Odoo ERP | ||
| Core Function | Accounting Software + Service | Shopify-Odoo Data Synchronization |
Core Function FinaloopAccounting Software + Service Odoo IntegrationShopify-Odoo Data Synchronization | ||
| Inventory Management | FIFO Unit Tracking & COGS Calculation | Two-Way Inventory Level Sync |
Inventory Management FinaloopFIFO Unit Tracking & COGS Calculation Odoo IntegrationTwo-Way Inventory Level Sync | ||
| Accounting Focus | Full P&L, Cash Flow, Balance Sheet Preparation | Automatic Invoice & Payment Sync |
Accounting Focus FinaloopFull P&L, Cash Flow, Balance Sheet Preparation Odoo IntegrationAutomatic Invoice & Payment Sync | ||
| Service Component | Expert Accountants Provided | Software Only (Integration Tool) |
Service Component FinaloopExpert Accountants Provided Odoo IntegrationSoftware Only (Integration Tool) | ||
| Ease of Use (initial setup) | Likely easier with service | Potentially complex due to Odoo Integration |
Ease of Use (initial setup) FinaloopLikely easier with service Odoo IntegrationPotentially complex due to Odoo Integration | ||
| Value Proposition | Hands-off, accurate accounting; clean, tax-ready financials | Seamless data flow between Shopify and Odoo; avoids data silos |
Value Proposition FinaloopHands-off, accurate accounting; clean, tax-ready financials Odoo IntegrationSeamless data flow between Shopify and Odoo; avoids data silos | ||
Our Verdict
For Shopify merchants seeking a complete, hands-off accounting solution with expert support, Finaloop is the stronger choice. It provides tax-ready financials and real-time insights, ideal for founders who want to outsource their bookkeeping. However, if your business already utilizes Odoo ERP and requires seamless, bidirectional synchronization of data between your Shopify store and Odoo, then Odoo Integration is the more appropriate solution. It streamlines inventory management, order fulfillment, and customer data, allowing for a unified view across your business operations within the Odoo environment.
Common Questions
Which app is better for businesses new to both accounting software and ERP systems?
Finaloop. Its full-service approach provides more guidance and support, making it easier to implement and understand the financial reports.
Which app offers more granular control over data mapping and synchronization?
Odoo Integration, as it offers more configuration options for mapping data fields between Shopify and Odoo.
Which app is more likely to result in lower long-term costs?
This depends on the business's specific needs. Finaloop's pricing includes the cost of accounting services, which may be more cost-effective than hiring an in-house accountant. Odoo Integration has its own subscription cost on top of Odoo's ERP costs, but could save costs on manual labor and potential errors for Odoo users.
Which app provides historical data migration capabilities?
Both apps offer historical data migration. Finaloop offers 'full history catch up' whether books are messy or nonexistent. Odoo Integration offers bulk import of historical orders, products and customers
Does Finaloop integrate with Odoo?
The provided information does not state that Finaloop integrates directly with Odoo. Finaloop's focus is on providing a complete accounting solution, likely with its own proprietary software.
Get More From Your Shopify Store
Run audits for SEO, CRO, PageSpeed, and AI visibility. Get a clear report and actionable fixes.
Try Fix My Store