About TrueProfit ‑ Profit Tracking
Trueprofits is a financial analytics app that shows your true profits in real-time and on autopilot.
We can vouch for the fact that no one on this planet likes to hop from one financial report to another to check how much profit they made. Although we began as entrepreneurs, we ended up as problem solvers. The reason is simple- we wanted to make the entire experience pleasant. No one loves to examine the financial reports, do they?
We decided to turn the process into a lovable experience. Currently, we ensure store owners save more than 20 hours each month by turning profit analytics into an enjoyable activity. Counting your hard-earned money should be a pleasant experience, shouldn't it?
Auto and real-time tracking
Everything on autopilot- Profit, COGS, Shipping, Transaction, Handling & Custom costs. Sync Ad Spend (FB, GG, Bing, Snapchat).
LTV and Product Analytics
With the help of the app, examine and discover single product insights and your customer value to make informed decisions.
Convenient mobile app
The mobile app is very easy to use. See reports of either multiple stores combined into one or single stores for a better understanding of your finances. Monitor the data any time and anywhere.
Keep track of all costs in real-time
- Cost of goods sold (COGS): Add and manage COGS of every product. Either enter COGS manually, import from Shopify's cost-per-item, upload a .csv file, or value it as a percentage of the sale price. Go back and update when needed.
- Ad spends: Sync Ad spend from Facebook, Google, Bing, Snapchat in real-time.
- Shipping cost: Quickly add a flat rate or set super-advanced shipping rules based on countries and products.
- Transaction fees for each payment gateway (PayPal, Stripe, 2checkout, etc.)
- Handling fees of each product/variant.
- Custom costs: Manage your one-time or recurring costs easily.
Automate Profit Calculation
As soon as you've completed setting up your cost structure, all factors will be automatically considered to give you a true profit analysis - without a spreadsheet!
Knowing how valuable your customers are to your business and act upon it. Monitor the related metrics: LTV, CAC, LTV: CAC Ratio, Repurchase Rate, and also Total Revenue (upcoming).
Unearth actionable product insights
Make decisions based on data once you get to know which products are making the most money. See the breakdown metrics of each product: views add to cart, ATC rate, purchases, conversion rate, revenue.
Manage single order metrics and modify COGS & shipping costs of orders when required.
You can also Add different COGS over different time ranges for one product.
Quantity breaks for shipping costs
Quantity breaks allow shipping costs to be different (to the first item) from the second item onwards.
Report through email
Receive reports via email as frequently as you want without having to log in every time- daily, weekly or monthly
One time set up
You only have to set up the app once and make updates only when necessary.
Integrates with Facebook Ads, Google Ads, Google Analytics, Snapchat Ads, and Bing Ads.