News from the Wire

Onramp funds partners with Webgility

Thursday, October 12, 2023 — 12:47:39 (EDT)

Austin, TX (10.12.23) - Onramp Funds, an innovative funding provider that supports the growth of eCommerce businesses, has partnered with Webgility, the leading eCommerce automation solution for QuickBooks customers. With the new partnership, current Webgility customers will now have access to fast, easy, and flexible financing critical for business growth.

"We're proud to partner with an organization that's providing essential resources and lifelines not only to Webgility customers but ecommerce sellers everywhere,” said Webgility's CEO Parag Mamnani. “Connecting online sellers with working capital through a purpose-built solution is the most efficient way to help our customers fund new ideas, implement new strategies, and create new product lines to win more amid high prices and greater competition."

Onramp customers now also have the opportunity to subscribe to Webgility’s award-winning software to manage their day-to-day eCommerce accounting and inventory operations.

“Webgility’s platform is tailor-made to increase efficiencies for eCommerce businesses,” said Eric Youngstrom, Onramp’s CEO. “Onramp customers can now use Webgility’s automation and analytics, which will allow them to be more streamlined in their accounting, inventory, product listings, and sales order management. Using Webgility’s business optimization tools will allow our customers to focus more on building their businesses. And, Onramp will be right there for them, providing funding fueling their growth.”

Onramp uses a unique customer financing model that aligns with eCommerce merchants’ sales, providing the working capital they need to properly scale their business through the full sales turnover cycle, including inventory purchasing, demand generation strategies, as well as, shipping and fulfillment costs.

Webgility will help Onramp customers avoid stockouts while managing inventory between stores and warehouse locations. Webgility automates the flow of information on orders, customers, sales tax, fees, and more between a retailer's QuickBooks, POS system, online marketplaces, websites, and shipping apps.

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About Onramp - Onramp Funds is redefining the way eCommerce companies are funding their businesses. Based in Austin, TX, Onramp’s team is steeped in eCommerce, building tools for online businesses and helping sellers thrive with a unique repayment model that aligns with their sales. Onramp's mission is to democratize finance and empower online sellers to scale their business, capture their demand, and meet their dreams.

About Webgility - Webgility is flexible, powerful ecommerce automation software that connects your online stores, websites, point of sale system, and marketplaces to your QuickBooks Online or QuickBooks Desktop account. We make it easy to automate every business task, improve profitability, sell more, find new customers, and grow your business — no IT necessary. Webgility was founded in 2007. Today, it’s the No. 1 integration for QuickBooks users. The platform serves over 5,000 businesses and processes over 100 million transactions annually. All plans include free five-star onboarding and support.

Contact: Wayne Henninger

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Source: Company press release.