Monday, August 4, 2014

IP Commerce Launches Quickbooks Sync Tool On First Data

In a move which is bound to help many small businesses reduce the headaches their bookkeeping, Denver-based IP Commerce, the developer of e-commerce and payment systems which is backed by Intel Capital, Venrock, Meritage Funds, and TTV Capital, has rolled out a new service on First Data's Clover Station, a cloud-based business payments platform. According to IP Commerce, it has launched Commerce Sync, a product which helps small business owners and accountants automatically transfer sales information from First Data's Clover Station point-of-sale platform to QuickBooks. The software reduces a huge amount of manual data entry currently required for synchronizing Quickbooks with point-of-sale data. Pricing on the new product was not announced. IP Commerce said the use of its software automatically transfers all individual sales transactions to Quickbooks, handling all kinds of payment types, sales tax, tips, discounts, and more.