Michael Seibel

Ruby - Financial operating system for E-Commerce businesses

Ruby is an all-in-one financial platform for e-commerce businesses, including banking, corporate cards, accounting, analytics, reimbursements, chargeback protection and more.

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Shariar Kabir
Hi Product Hunt, We are super excited to introduce Ruby, an all-in-one financial platform for e-commerce businesses that includes access to banking, corporate cards, accounting, analytics, automated 3PL and logistics reimbursements, automated chargeback resolution and more. 💎Background Before building Ruby, we spent a few years building and operating several e-commerce businesses together. We first launched Ruby after discovering how fragmented our financial data was and how much time we were wasting managing our finances while running our own businesses. With our financial data scattered between several different platforms and providers, we resorted to a mess of excel sheets to keep track of everything. Like many other e-commerce businesses, we also discovered that as we scaled, we were losing thousands on chargebacks that we didn’t have the time to fight effectively. We were even more surprised to see that we had been overcharged thousands in fees on our 3PL, which we only discovered after scouring through a pile of reports. Worrying about all this lost revenue and wasting time sorting through our finances only added to the already difficult job of operating an ecommerce business. 💎Ruby’s Mission Our goal has always been to help businesses operate more efficiently by giving them all the tools they need to optimize their business and manage their financial operations efficiently. Ruby’s tools give even the smallest e-commerce business access to tools they can use to keep their finances in check as they grow. With our full suite of products, businesses can now expand their toolkit to get a birds-eye view of their business, and save even more time and money with our newest tools. Some businesses can potentially add 1-3% of their GMV back to their bottom line, resulting in tens of thousands saved. 💎Top features ⚡Seamless access to banking: corporate cards, expense management, accounts payable, and invoice management all in one. ⚡Automated Reimbursements: audit and recover hidden and erroneous marketplace, shipping, and 3PL fees automatically ⚡Automated Chargeback Resolution: connect your commerce platforms in a few simple steps, and let Ruby automatically detect and resolve chargebacks ⚡Real-time Analytics & Accounting: get visibility into revenue, sales, refunds and more, along with robust accounting that learns from your spending patterns and automatically categorizes your transactions and e-commerce data Sign up today to get started! Thank you to @mwseibel for hunting us!
Rohan Chaubey
@mwseibel @skabir8 Congrats on the launch Shariar. Having all financial needs consolidated into one platform would save e-commerce business owners countless hours and headaches. The free month and options are a great incentive to try it out. :)
Shariar Kabir
@devindsgbyq hey there! We have integrations into your marketplace or payment processor allowing us to get realtime information about the order and chargeback. Our most popular platforms are Shopify and PayPal. We have a few other platforms like Stripe in beta testing. Is there a specific platform you’d like to see?
Shariar Kabir
@rohanrecommends thanks Rohan I appreciate it!
Richard Song
Congrats on the launch, @skabir8! Ruby's all-in-one approach to financial management for e-commerce businesses is impressive. The automated chargeback resolution and real-time analytics features are particularly intriguing. How does Ruby handle data security, especially with sensitive financial information? Looking forward to exploring this platform further!
Mary Garcia
Ruby looks like a super handy platform for e-commerce businesses! Just checked it out briefly, but it seems like it could really help with managing finances and cutting down on all that time spent on tracking stuff. Congrats on the launch! 🚀
Trent Kennelly
Super inclusive! I feel like this goes so far beyond what options like Shopify really have for the market at the moment. Maybe Stripe is the closest? But they don't have the same suite as you do. Really cool, well done!!
Ali Eskandari
If you're running a big op, it's definitely worth looking into Ruby. However, I'm not sure if this could be used for startups. Is there any future or current plans to release a card as well for startup founders? BTW - congrats on the launch @skabir8 🤠
Shariar Kabir
@ali_eskandari thank you! We support all size businesses - from the ones that are just starting out to the ones doing millions a year in sales. Our goal is to equip every business with all the tools they need as they scale even if they aren’t there yet.
alexandra.kozareva
Looks like a great tool for the E-Commerce community! Also - great landing page :)
Kyrylo Silin
Hey Shariar, Could you share some insights on how this process works and what kind of success rate businesses might expect? I'm curious about the analytics capabilities. Does Ruby offer any predictive features to help with inventory management or sales forecasting? Congrats on the launch!
Shariar Kabir
@kyrylosilin we don’t do anything with inventory management directly yet. Our audit product does do an analysis of current inventory at your 3PL provider in order to file potential claims. The success rate is good when we locate errors because this means the vendor likely made a mistake or your owed money back and it’s just a matter of them acknowledging this and sending you the money. We’re shipping forecasting soon :). It becomes more accurate the more channels you connect to Ruby.
Antoine Gauthier
Ruby sounds like a game-changer for e-commerce businesses! The integration of banking, expense management, and chargeback resolution into one platform is brilliant. It's clear you and your team put a lot of thought into solving common pain points. This could truly streamline financial operations and help recover lost revenue. Excited to see how it evolves! Big thanks to @mwseibel for the hunt and shoutout to @skabir8 for bringing this innovative solution to life! Upvoted!
Teddy Ni
Congrats on the launch team! Ruby is such an amazing product - been happy customers for a long time now!
Max Zhang
Congrats on the launch. It’s fantastic to see a tool designed to streamline operations, save time, and boost profitability for e-commerce businesses. Excited to see how Ruby helps businesses optimize their finances and grow :)
Robert Thomas
Looks really promising! The integration of so many financial tools into one platform is exactly what e-commerce businesses need. How does Ruby handle data from multiple sources? Can it sync with platforms like Shopify and Amazon seamlessly? Congrats on the launch!
Olivia Jane Mitchell
Ruby sounds super useful for e-commerce businesses. Just curious, does it support other currencies or regions outside the US?
Shariar Kabir
@oliviajanemitchell we only support US domiciled businesses right now. We’re focused on the US, but I’d love to hear from operators elsewhere to see if we’re able to help.
Devin doggy
@skabir8 Congrats on the launch of Ruby! 🎉 This platform sounds like a game-changer for e-commerce businesses struggling with fragmented financial data and operational inefficiencies. I'm particularly impressed by the automated reimbursements and chargeback resolution features—it seems like a real time-saver. I’m curious about the integration process with existing commerce platforms and accounting software. How seamless is it, and are there any specific platforms that Ruby works best with?
Shariar Kabir
@devindsgbyq it’s really easy to connect. It takes a couple of clicks for you to authenticate your store to Ruby. The most popular platforms are Shopify, Amazon and Stripe. We support a few others as well.
Bryan
This looks fantastic, @skabir8! I've been looking for a comprehensive solution to streamline financial management for my e-commerce business, and Ruby seems to check all the boxes. The automated reimbursements and chargeback resolution features are especially appealing. It's clear that you guys understand the nuances of running an e-commerce business, having come from that background yourselves. Can't wait to see how much time and money I can save using Ruby! Upvoted!
Shariar Kabir
@dance17219 thanks let me know your feedback as you use the platform.
ma
Ruby is a game changer for enhancing personal productivity and organization! 📅✨ Its elegant design and powerful features make it easier to stay on top of tasks and manage daily routines. Excited to see how Ruby will help users achieve more and bring clarity to their workflows! 🚀👏
Samratsinh Rajput
Congrats! Does Ruby integrate with popular e-commerce platforms like Shopify and WooCommerce?
Ema Elisi
This sounds like a game-changer for e-commerce businesses! Having all these financial tools in one platform will definitely streamline operations and make managing finances much easier. Can't wait to try it out!
Ghost Kitty
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Raghavendra Devadiga
The integration of corporate cards with real-time analytics is fantastic. Ruby is going to simplify our financial processes 🙌
Saim Hashmi
Real-time visibility into revenue and sales is crucial. Ruby is going to be a game-changer for our team :)