Case Study: Wix streamlines PayPal payments and cash flow tracking with Synder

Wix streamlines payments and saves 40+ hours monthly with Synder

Wix, a popular website builder, needed to provide its users with a seamless and secure online payment experience by integrating PayPal. To gain a complete and accurate picture of their financial health, they also required a way to consolidate their cash flow data from both Wix and PayPal into a single source of truth, avoiding discrepancies and manual reconciliation. They turned to the vendor Synder for a solution.

Synder implemented its Sync product to connect Wix and PayPal directly to accounting systems like QuickBooks and Xero. This integration automatically syncs all sales details from Wix and transaction fees from PayPal, creating detailed and accurate financial reports. The solution saves businesses over 40 hours monthly on accounting tasks, achieves 99.5% reconciliation accuracy, and streamlines the month-end close process.

Wix