IP Commerce, Inc., developer of innovative products and services that automate business processes for small business owners, launched the newest version of Commerce Sync today.

Commerce Sync is a software application that automatically transfers sales information from a point of sale (POS) system or e-commerce solution directly into accounting software on a daily basis.

“Commerce Sync is an extremely valuable tool that helps optimize and streamline our business processes and ultimately saves us valuable time and money.”

Drawing on its profound understanding of both point of sale (POS) solutions and accounting software, IP Commerce created Commerce Sync to alleviate the burdensome task of manual accounting. The application transfers sales information, including taxable and non-taxable income, tips, discounts, sales tax and refunds – for businesses with one or many locations – into any QuickBooks or Xero account. Commerce Sync is available to business owners that use either Stripe or Clover POS for accepting payments.

U.S. small and medium sized businesses spend billions of hours each year managing their finances. Commerce Sync relieves business owners of this burden by reducing the time spent on manual data entry and increasing the accuracy of their financial accounting. In fact, Commerce Sync saves the average small and medium-sized business (SMB) 300 hours a year – the equivalent to $15,000 annually.

“As a start-up, it is imperative to make sure everything is in place as we grow,” said Bill Willkins, Founder and Chief Operating Officer of PupJoy, a Chicago-based online specialty store for dog lovers. “Commerce Sync is an extremely valuable tool that helps optimize and streamline our business processes and ultimately saves us valuable time and money.”

Commerce Sync has a simple activation process and is fully customizable. The latest version of the app introduces multiple levels of service that range in feature sophistication thereby catering to a wide range of business needs.

“We want to empower merchants to focus on what matters most – growing their business,” said Charlie Wilson, President and Chief Executive Officer of IP Commerce. “With the ultimate goal of helping small business owners and entrepreneurs succeed, we have spent the last year listening to our customers and realizing the true value of the service we offer. We are thrilled to make these innovative enhancements readily available to the market.”

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