Integrated accounting and financial management
Providing you with real-time financial insights across your entire business including all your inventory, sales and purchasing.Arrange a Demo
Integrate your accounting & financial processes with your entire business
Making the right decisions for your business in order to manage cost, reduce risk and remain agile in an ever-changing trading environment, requires real-time and accurate data covering every aspect of your business. Your financial management and accounting solution needs to be at the heart of your back office and tightly integrated with inventory, sales, logistics, warehouse and purchasing.
Brightpearl provides a real-time financial management and accounting solution built specifically for retail and wholesale businesses. Brightpearl provides finance teams within retail and wholesale businesses with key functionality and insights such as landed-cost, multi-currency trading and real-time FIFO (First-in, First-out) inventory valuation, enabling you to grow your business profitably.
Integrated financial management, built for merchants
Brightpearl’s integrated accounting has been built with retailers and wholesalers in mind and connects with the rest of your business, preventing a disconnect between systems or from accounting software holding you back.
Accurate inventory accounting
FIFO inventory valuation, automatic product cost calculations, accurate landed-cost reporting and a real-time balance sheet mean you’ll always know the true value of your inventory.
Audit with ease
Interconnected data between invoices, payments, inventory and underpinning journals results in easy navigation, access to a complete audit trail and the ability to quickly correct errors.
Expand through cross-border trade
Integrated landed-cost and multi-currency modules allow you to expand your business through cross-border trade without leaving your vital back office software behind.
Real-time view of your finances
Real-time income statements and balance sheets mean you can make better business decisions faster and have a real-time view on each product’s margin.
Save time & reduce errors
Brightpearl automatically posts journals whenever you invoice sales, take payments, and receive or ship inventory, saving you time from manual data input or injected errors.
Smooth data transition
Expert consultancy and training from our in-house team provides you with a smooth transition to Brightpearl from your previous accounting and business management systems.
Read our free guide to find out if your current accounting software is holding you back
Accounting software packages are excellent for helping you monitor and manage expenses, revenue and tax documents. However, operating on accounting software alone is not enough due to the many more facets and operational needs of your business. Find out more in this expert guide.Download Guide
Integrated retail accounting
Brightpearl’s integrated retail accounting has all of the features you need to efficiently manage your finances and provides you with real-time insights to help you make better business decisions.
- Automatic accounting journals
- Accurate accounting for inventory
- Real-time accounts payable & receivable
- Real-time profitability & reporting
- Landed-cost & multi-currency
- Trackable audit trail
Automatic accounting journals
Accurate accounting for inventory
Real-time accounts payable & receivable
Real-time profitability & reporting
Landed-cost & multi-currency
Trackable audit trail
World class integrations
We integrate with the leading sales channels, marketplaces and services so you won't need to compromise on your technology stack.
Frequently asked questions
Do you integrate with QuickBooks?
Brightpearl has its own complete real-time accounting module built into the back office, which means there’s no need for a QuickBooks integration (or any kind of third party accounting integration).
Can I import my historical accounting data from my accounting system to Brightpearl?
We can import opening balances (trial balance plus accounts receivable and accounts payable data) as well as historical order information for you.
Does Brightpearl support multiple currencies?
Yes. Brightpearl has a complete multi-currency module, ensuring you can setup and use different currencies and associated price lists as required. To avoid any confusion, all orders and associated accounting journals in the back office will show both the base currency and foreign currency values against them, while any paperwork you send will be shown in your customer’s or supplier’s local currency.
Can Brightpearl manage accounts receivable and accounts payable?
Yes. Through Brightpearl’s integrated accounting functionality, all your accounts payable and receivable information can be managed efficiently. Real-time data feeds through into the relevant reports, ensuring your debtor information is accurate at all times. These reports also allow you to update payments, or send payment reminders, emails or text messages from one place, eliminating the need for multiple screens or clicks.
Does Brightpearl support both B2B and B2C?
Yes. Through best practice workflows, automated processes and useful integrations, Brightpearl can easily support the needs of both B2B and B2C businesses. To find out more about the key functionality Brightpearl offers to both business types, take a look at our detailed solutions pages for Wholesale and Online Retailers.
How long does the implementation process take?
The time can vary from one customer to the next and is determined by their requirements which have been carefully scoped by our Pre Sales Team. We get our customers live on the system within 90 days on average, but some customers have gone live within just 14 days!
Our Professional Services team delivers the solution the customer signed off on by using a phased project methodology. It is our job to lead them safely to the outcomes they originally wished to achieve.
Each member of the team plays a key role in the project - consultant, coordinator and analyst.
Together, we ensure high quality delivery and a positive experience to ensure a strong, sticky, relationship with the customer is forged. This will set them off on the right path to have a successful long-term affinity with Brightpearl.
What systems does Brightpearl typically replace?
Brightpearl replaces all of the traditional back office solutions including ERP and standalone systems, as well as archaic spreadsheets. ERP systems are typically large, clunky, take huge amounts of effort to implement and often require complex scripting and custom development work to customize them.
Brightpearl’s intuitive interface combats this, while all settings and automation rules are quick and easy to setup and require no coding experience. Whilst standalone systems become complex to manage as you grow your business and result in siloed data and processes. Once again, Brightpearl combats this by keeping all your inventory, sales, purchasing, warehousing, accounting, reporting and POS in one single system.
A powerful all-in-one back office solution for retailers and wholesalers
Automate your retail accounting with financial management software that’s integrated with the rest of your business, including all your orders, inventory, purchasing, CRM, warehouse management, reporting and POS.
See the benefits of Brightpearl’s financial management system in action
Spend less time inputting data and more time acting on valuable insights with Brightpearl’s automated accounting software. Find out more with a personalized demo from our retail and wholesale experts.