Product Overview

Overview

Every business is on a journey.

Wherever your business is on that journey, Parsimony is ready to
meet you and help you to create the most value possible.

See Plans

Once your business takes off you quickly realize that you need systems to keep track of everything. Is the store up and running? Are products priced right? Do we have enough inventory? And most critically, Are we making money?

The answer to each question seems to be another spreadsheet or a $29/month web site (or a $199/month web site!). The number of spreadsheets and subscriptions continue to pile up and while each one answers a question, the overall result is one of confusion and inconsistency. Different systems are answering different questions with different inputs and the company ends up with multiple answers to questions like "What does this product cost?".

Smart business people focus on Strategy, Systems, and Scale.

  • Strategy, so that there is a PLAN about where the company wants to go and how they will work to get there.

  • Systems so that there is greater accuracy, consistency, and less labor required.

  • And Scale so that the People can run the Systems and the Systems can run the business.

When all of that is put into a single, master system, it is called Enterprise Resource Planning software (ERP for short). All the huge companies and multi-nationals run an ERP as their Business Operating System. It is literally the System that their Business Operates on.

And it can cost a ton of money. Small companies (~$20M/annual sales) often pay $100,000 per year in licenses and another $100,000 to set up and implement the system. Big companies regularly pay millions to tens of millions.

Young, fast growing companies are in a tough spot. They have outgrown Quickbooks, Xero, and Tally, but it doesn't make sense to spend hundreds of thousands of dollars on traditional ERP systems.

powered by ERPNext

Enter Parsimony

Parsimony is powered by ERPNext which is an open-source ERP system that has been in use and consistently upgraded for over 10 years. By partnering with ERPNext we are able to offer a top-tier ERP system at a price that small to medium-sized businesses can afford. And by partnering with Empowery, the ecommerce cooperative, we are able to offer substantial tools, reports, and insights that provide overwhelming value to marketplace sellers.

We recognize that switching systems in an operating business is never easy and for many, embracing a full-ERP system is a stretch for their current team and resources. So we have produced three intermediate steps that let you consolidate some of your systems while learning how Parsimony works and still getting great information that can immediately help your business.

Archive 10+ Critical Elements 30min 24/7 15 min 24/7 15 min 24/7 15 min 24/7
Nightly Item & Review Web Page Capture 20 Items 100 Items Unlimited Unlimited
Alerts Email & Slack Email, Slack, & SMS Email, Slack, & SMS Email, Slack, & SMS
Data Storage Rolling 90 days Unlimited Unlimited Unlimited
Inbox and ToDo Lists
Timesheet and Calendar
Project and Tasks
Forecast Sales & Purchases Coming Soon Coming Soon
TrueSKU Landed Product Costs Coming Soon Coming Soon
TrueSKU All-in Marketing Costs Coming Soon Coming Soon
Manage Multiple Marketplaces Coming Soon Coming Soon
Supply Chain Management Coming Soon Coming Soon
Shopify Integration
Multi-Company
Multi-Brand
Multi-Currency
Consolidated Financials
Customer Response Management (CRM)
Bank Importer
Complete Audit History
Empowery Coop Support
Easy Exit #NoHostages
Users Unlimited Unlimited Unlimited Unlimited
Price FREE for 6 months $39 / month Starts at $79 / month Starts at $199 / month
Self-Install with online documentation and videos Self-Install with online documentation and videos Requires setup Requires setup
Get Started
Learn More
Get Started
Learn More
Get Started
Learn More
Get Started
Learn More