Case Study: Klarna streamlines Shopify payments and reconciliations with Synder

Klarna saves 10–15 hours a month with Synder

Klarna, a buy now, pay later service, needed to be integrated with Shopify for its merchants. This integration, however, created a significant accounting challenge as Klarna's net payouts, which arrived minus fees and refunds, made manual reconciliation slow and error-prone for businesses using accounting software like QuickBooks or Xero.

Synder provided a solution by automating the accounting for Klarna transactions. Their software connected directly to Klarna and synced detailed settlement data, including gross sales, fees, and refunds, into the merchant's accounting system. This automation saved merchants an estimated 10-15 hours per month, eliminated manual entry errors, and provided clear visibility into fees and profitability.

Klarna