App Associate Tales: Reinventing the wheel, with chunk

Shark Wheel is a Southern California wheel firm that’s actually reinventing the wheel. They’ve produced a brand new kind of a 540° sine wave-shaped wheel that outperforms the standard wheel in nearly each use – from skateboarding and curler skates via to baggage, forklift wheels and tractor tires.

The most recent breakthrough Shark Wheel has had is with its new farming wheel – the corporate  has signed a significant take care of Bridgestone-Firestone, the world’s largest tire manufacturer. After creating this new wheel with the assistance of presidency analysis funding, Shark Wheel is able to develop the concept additional along with Bridgestone-Firestone.

“Our agriculture wheel was truly funded by the US authorities in three grants via the Nationwide Science Basis,” says Zack Fleishman, Shark Wheel CEO. “It took effectively over 4 years of testing, failures and successes to lastly get the place we at the moment are – the best-in-industry wheel that saves farmers over $26,000 a 12 months.”

Zack Fleishman, Shark Wheel CEO

Shark Wheel’s key innovation is that, resulting from its dispersed construction, it doesn’t drive over the identical path, which minimizes trench digging.This enables farmers to avoid wasting money and time on tools failures and repairs, and doesn’t harm the fields it drives over like a standard tractor wheel does.

As the corporate has grown quickly and advanced from an R&D centered group to a gross sales and progress based mostly firm, they’ve needed to reorganize and centralize their enterprise techniques. This has included their accounting techniques and the interconnected apps that handle their ecommerce, logistics and stock challenges – similar to  reconciling gross sales throughout a number of distributors. They selected Xero and ecommerce specialist Synder to do the job.

With over 250 SKUs and tons of of pallets of stock, Shark Wheel’s present accounting and stock techniques didn’t present the mandatory stage of element and couldn’t combine with the opposite platforms that they’d in use for ecommerce gross sales and logistics. 

This meant that their response charges have been gradual, the system was too complicated and a considerable amount of knowledge needed to be managed manually by the CFO.

Making a centralized supply of fact 

Zack was in search of options that would not solely mix and streamline the work throughout all of the completely different components of the enterprise, however automate wherever doable to extend efficiencies.

The answer Shark Wheel went with related their techniques to Xero for accounting, and Synder for ecommerce and knowledge administration, merging them right into a single supply of fact. As a substitute of getting a CFO and bookkeeper who’re manually attempting to have a look at completely different techniques and determine issues out, the group has one central dashboard that options all the info they want – all within the cloud, and accessible on-line, anytime and anyplace on the earth. 

“Synder connects like a spider internet to every thing that now we have in our ecosystem and collects knowledge from in every single place – from our eBay gross sales to our web site’s gross sales – and pulls it into Xero. We even have 5 completely different web sites proper now on BigCommerce and we don’t must do something. It’s all automated,” says Zack.

This makes every thing prepared for fast reconciliation, matching the charges and gross sales to stability the books. Shark Wheel has minimize prices and elevated effectivity whereas guaranteeing the accuracy of their studies. The discount of handbook knowledge entry alone has given workers extra time to give attention to rising the enterprise.

“This integration opened up a lot time throughout the day. Now now we have extra time for gross sales, extra time to seek out new prospects, and extra alternatives to deal with issues that actually matter,” says Zack.

“We’re excited to enter agriculture, the second largest {industry} on the earth. And now that we’ve received the accounting aspect found out, we are able to goal even greater.”

Synder is an ecommerce accounting resolution offering seamless synchronization, detailed knowledge administration, correct reporting and actionable enterprise insights for 4,500+ ecommerce and SaaS companies within the US, UK, Australia and Canada. 

Try Synder on the Xero App Retailer here.