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7 Best E-Commerce Profit Tracker Apps for Shopify in 2023

Brody Hall
By Brody Hall
Joel Taylor
Reviewed by Joel Taylor

Updated January 23, 2023.

Our team independently researches and recommends the best products and services. We publish reviews that are unbiased nor influenced by payments we may receive from advertising partners.

Despite it now being 2023, a lot of businesses still don’t have a solid grip on their finances. If you feel your business’s finances could improve, then it's time you moved up to the big leagues. This article will look at the best e-commerce profit tracker apps available to help you make sense of your business' finances.

A Quick Look at Our Top 7

How Can Profit-Tracking Apps Benefit Your E-Commerce Store?

Tracking your business's performance is one of the most important tasks you need to do, particularly in the business's earlier stages. You’ll want to track your sales performance day by day, week by week, and month by month. That way, you can see patterns or trends that show when your sales are trending up and down. This will help you know your business' performance and allow you to change your marketing plan based on what you learn.

This is where profit-tracking apps come in.

Profit tracking apps aren't just perfect for automating profit tracking, they also feature a range of other critical functionalities that will help you run your business.

How We Chose Our Apps

Each app has its own list of advantages and disadvantages that you will need to consider when deciding which one is the best for you. However, certain criteria have to be met in order for an app to be beneficial. Here's what we considered when choosing our apps:

  • Free plan or trial
  • Real-time data
  • Easily navigated user interface
  • Customer reviews and ratings on the Shopify app store
    

Keepshoppers’ Picks for the Top 7 Profit Tracking Apps for Your E-Commerce Store

And here are our picks, with all the details, pros & cons, Shopify store ratings, and our overall impressions.

1. BeProfit: Reports & Analytics

KeepShoppers Score: 9.9

Best Overall

BeProfit

4.9



Key Features

  • Real-time profit calculation
  • Auto-syncing of expenses in one dashboard
  • Custom report scheduling

BeProfit's profit tracker app is a piece of software that allows e-commerce businesses to not only track their profits but also validate and optimize their marketing strategies. You can use innovative cohort analysis for deep-level insights on customer lifetime value (LTV) and marketing performance, use UTM attribution to pinpoint ROAS and conversion rates per platform, while also identifying the best-selling/most profitable products—all with a single click of a button.

BeProfit Pros and Cons

Pros


  • Keep track of your taxes with a full-featured tax calculator
  • Visualize your finances with easy-to-read profit-and-loss reports
  • Track your income and expenses in real-time
  • Free plan for smaller businesses
  • 14-day free trial

Cons


  • Few minor customization limitations
BeProfit logo

BeProfit

4.9/5(214 reviews)




2. True Profit: Calc & Analytics

KeepShoppers Score: 9.6

Best Sales Tracker App

TrueProfit

4.7



Key Features

  • Real-time profit, loss, revenue, and LVT tracking
  • Excellent integration with ad platforms
  • Monitor profits from anywhere using a mobile app

True Profit is a powerful Profit Tracking App for Shopify that can help e-commerce store owners track their profit and sales. This app offers an entire suite of tools and features that help you automate your periodic reports, compare profits, keep you on top of your expenses, and ensure that you stay profitable.

True Profit Pros and Cons

Pros


  • Free to try, no credit card needed
  • Many time-saving features
  • Easy-to-use app
  • Quick to find hidden profits

Cons


  • Lacks certain features
  • Not as accurate as other apps
TrueProfitIconLogo

TrueProfit

4.7/5(48 reviews)




3. Delirious Profit

KeepShoppers Score: 9.6

Best for Profit Analytics

Delirious Profit

4.8



Key Features

  • Fast and efficient automated reports
  • Inventory stock costs and profits per product, month, vendor, category, and channel
  • Bulk COGS import

Delirious Profit is a cloud-based sales and inventory management application that instantly provides the most accurate and up-to-date information about your business. It enables automatic calculations, produces sales reports, tracks purchases of goods, analyzes business data, and provides the ability to manage input costs, output prices, sales volume, and profits.

Delirious Profit Pros and Cons

Pros


  • Easy-to-use interface
  • Full refund available if you aren't satisfied
  • Full control over your leads and customers

Cons


  • No way to add transaction fees
Delirious Profit logo

Delirious Profit

4.8/5(49 reviews)




4. Lifetimely: LTV & Profit

KeepShoppers Score: 9.4

Best for E-Commerce Analytics

Lifetimely

5.0



Key Features

  • Lifetime value analytics and benchmarks
  • Easy to set up comprehensive and automated P&L
  • Live cohort analysis

The Lifetimely profit-and-loss app is a robust lifetime value and client behavioral analytics toolkit for Shopify. It helps you easily tune your purchaser's lifetime cost and how your satisfactory clients behave, allowing you to optimize your business, increase client satisfaction, and generate more revenue from existing customers.

Lifetimely Pros and Cons

Pros


  • Powerful in-app user acquisition
  • Stunning reports with actionable insights
  • Not a single review below 5 stars
  • Integrates with your store in minutes
  • 14-day free trial

Cons


  • Advanced features can be expensive
Lifetimely logo

Lifetimely

5.0/5(257 reviews)




5. Profiteer: Cost of Goods Sold

KeepShoppers Score: 9.3

Best for Profit Metrics

Profiteer

4.2



Key Features

  • Total value of inventory and sales reports for any period
  • Enhanced Shopify reports
  • COGS calculation

Plan, monitor, and produce insightful sales reports, and analyze profits with the Profiteer app. This powerful Shopify app will not only help you grow your business faster but also save time and effort in managing your sales reports and metrics. You can easily import all your cost prices (COGS) into the system and get the total value of any unsold inventory reports on profit and margins for any period.

Profiteer Pros and Cons

Pros


  • Track the cost of everything purchased for specific products
  • Easily create a higher lifetime value of the user’s lifetime profit
  • Efficient
  • Easy to use

Cons


  • Setup can be tedious for stores with a large product range
  • Short free trial
Profiteer logo

Profiteer

4.2/5(31 reviews)




6. Best for COGS

KeepShoppers Score: 9.1

Best for COGS

SimplyCost

4.7



Key Features

  • Track costs, profit, expenses, and more
  • Shopify product cost per item field support
  • Ad costs calculation

The SimplyCost app is a precise tool that tracks the cost price of goods and services (COGS). With its simple and easy-to-use profit dashboard, you can get the most accurate numbers that directly reflect your business’s recurring expenses and incoming revenue. The SimplyCost application comes with an exclusive algorithm that calculates your profit and revenue, adjusting for shipping costs and taxes.

SimplyCost Pros and Cons

Pros


  • Keep track of your inventory at all times
  • Gain insight into your profit margins
  • 14-day free trial
  • Analyze your product costs
  • Easy to use
  • Powerful

Cons


  • Best features are locked behind a steep paywall
SimplyCost ‑ Profit Tracking logo

SimplyCost

4.7/5(125 reviews)




7. Accountify: Profit & Expense

KeepShoppers Score: 9.1

Best for Financial Reports

Accountify

4.4



Key Features

  • Free real-time profit tracking
  • Insight into competitor inventory management
  • High-quality dashboard

Accountify is a tool that allows you to manage your business on the go. With this app, you can analyze your net profit and gross profit in real time while getting detailed financial reports to help you determine what's working, what isn't, and why. You can also run Facebook ads, Google ads, and Snapchat ads, and print out coupons and labels for your customers with the Printful and Shipstation integrations.

Accountify Pros and Cons

Pros


  • Keep your inventory levels at the lowest possible cost
  • Maximize your profits
  • Optimize inventory management
  • 15-day free trial

Cons


  • Cannot bulk edit the cost price of multiple products
Accountify logo

Accountify

4.4/5(45 reviews)




Final Verdict: Which Profit Tracking App Is the Best?

One of the best ways to make more money is to keep track of where your money is going. Many business owners are uncomfortable with doing this, as it appears impossible to keep up with. Although with the help of a profit-tracking app, keeping on top of your business’s finances has never been easier.

After considering all the apps we chose, our top pick is BeProfit, with all of its amazing features available for businesses of all sizes and offering pricing plans that range from free to enterprise-level.