If you don’t understand the financial state of your business, you could run into problems further down the line. In this Fetcher review, I look at whether this is a good accounting software option for Amazon sellers.
Here is everything you need to know about the platform.
Fetcher Review: What Is It?
Fetcher is Amazon accounting software that’s designed to run calculations and report on the financial health of your Amazon business.
The software makes it possible for Amazon sellers to manage their finances and accounting functions in one place.
From performing profit calculations to collecting key financial data, Fetcher was created to save sellers time and effort and help them make better business decisions.
Fetcher is also part of the Jungle Scout family, which means the platform was built specifically for Amazon sellers. The software works across the following marketplaces:
Fetcher Review: The Features
Let me take you through the key features of the Fetcher app.
Accurate Real-Time Data
Because the Fetcher app syncs with Amazon every few minutes, your financial data is updated throughout the day. This includes the sales trends, promotion costs, Amazon fees, PPC campaign costs, and more. Basically, everything you need to make better decisions for your online store.
Product Analysis & Reporting
With the daily product reports, you can start getting a better idea of selling and what isn’t. The sooner you can refocus your efforts as a seller, the better. Why spend more money restocking items that aren’t selling when you can drive that money into products generating profits.
Profit & Loss Statement Generation
Using the Fetcher dashboard, you can automatically generate profit and loss statements, saving you a lot of time.
Discover how sales, refunds, promotions, shipping, and costs of goods affect your bottom line, all without the manual data collection.
The screenshot below shows you what a typical P&L from fetcher looks like.
Source: Jungle Scout
Refunds & Returns
At a glance, Amazon sellers can see how many refunds and returns they’ve processed over a particular period.
This can provide you with invaluable insights into where you might be losing money; it can also help you track the performance of a particular product. If you have a spike in refunds/returns, you might well have an issue with a particular batch of products; this might be a sensible time to order a factory inspection.
Fetcher Review: The Pros and Cons
So, what are the pros and cons of Fetcher?
- Fetcher is quick and easy to set up and configure with Seller Central. Data is transferred automatically, so no additional work is required on your end.
- The dashboard and reports are easy to understand. It’s also possible to view data for specific periods in the event you want to track trends.
- Reports take all Amazon fees into account, so you don’t need to add anything in yourself.
- The platform is encrypted with OpenSSL AES, ensuring sensitive business data is fully protected.
- Unfortunately, Fetcher won’t combine data across marketplaces. You would need to view these reports separately.
- Fetcher doesn’t account for sales tax.
- Data can only be viewed for the past calendar year.
Fetcher Review: Ratings & Conclusion
- Ease-of-Use: 5/5
- Features: 4/5
- Customer Service: 4/5
- Value for Money: 4/5
Any tool that can help you make educated business decisions about your Amazon store is a tool worth having.
Using Fetcher, you can clearly understand how expenses and products are affecting your bottom line and what changes you need to make.
What’s more, you can save yourself a lot of time by not collecting financial data manually.
Fetcher is basic enough for sellers of every level but detailed enough to use as a long-term Amazon account software option.
If you want some alternative amazon accounting software options, you might find this article useful.
The only pity is that you can’t access reports past a calendar year. However, you can export the reports to keep them handy for tax time.
Overall, Fetcher is a useful tool to have as an Amazon seller.
If you’ve got any questions, let me know in the comments section below. Also, if you want us to cover any other related Amazon topics, we are happy to take your requests!