Market Research Report: Webgility

Company Overview

• Name: Webgility

• Mission: To empower businesses to thrive in ecommerce through automation and AI-enabled solutions.

• Founded by: Parag Mamnani

• Key People:

• Parag Mamnani - Founder and CEO

• Kinnar Vora - CTO

• Soon-Chul Choi, COO

• Headquarters: Scottsdale, Arizona, USA

• Number of Employees: No information is available

• Revenue: No information is available

• Key Attributes: Webgility is known for providing ecommerce businesses with automation and integration tools that streamline operations, particularly related to bookkeeping and financial reporting.

Products

Overview

Webgility specializes in automating ecommerce accounting, inventory management, and back-office processes.

Key Products and Features

1. Webgility Online & Desktop:

• Integrations: Connects with over 60 ecommerce platforms including Shopify, Amazon, eBay, and QuickBooks.

• Inventory Management: Automates inventory updates and syncing across all channels in real-time.

• Accounting Automation: Syncs orders, returns, expenses, and fees with QuickBooks for accurate, real-time financial insights.

• AI Assistant: Provides data analytics and performs routine tasks, helping with decision-making.

• Ecommerce Intelligence: Offers insights into SKU- and channel-level performance to inform business strategies.

Recent Developments

• New AI Features: Introduction of the "Webgility AI Assistant" for quicker processes, data analytics, and enhanced business insights.

• Partnerships and Integrations:

• Lightspeed POS Integration: Seamless connection with QuickBooks to automate business tasks.

• Wix and Magento 2 Integrations: Expands compatibility with QuickBooks Online.

• eBay Payouts: Feature to post payouts directly to QuickBooks.

• Recognition:

• Named “Ecommerce Automation Solution of the Year” by RetailTech.

• Earned 37 new badges in the G2 winter 2023 roundup for performance in various categories.

• Strategic Hire: Appointment of Kinnar Vora, former Amazon, as CTO to strengthen technology leadership.

Conclusion

Webgility is at the forefront of ecommerce automation, helping businesses manage and synchronize their multichannel operations through robust integrations and AI-enabled features. While revenue figures are undisclosed, the company's dedication to continuous improvement and customer satisfaction is evident through its product innovations and strategic initiatives.