Outright Joins eBay's New Open Commerce Ecosystem, X.commerce

Online Accounting Leader Will be a Major Partner for Migrating Accounting Data into New X.commerce Platform; Enables Developers to Better Serve Merchants

Oct 12, 2011, 15:05 ET from Outright

MOUNTAIN VIEW, Calif., Oct. 12, 2011 /PRNewswire/ -- Ask a seller on eBay what online accounting application they use, and many will say, "Outright." This online accounting application has 40,000 sellers leaving the bookkeeping to Outright while they tend to other aspects of their business.

The synergy with eBay is a great proof point of the value Outright can bring to X.commerce, which launched today. X.commerce is an open commerce ecosystem that combines the end-to-end capabilities of eBay, PayPal, Magento and other commerce leaders. Outright will bring accounting and back-office technology solutions to the platform.

The partnership was announced today at the Innovate Developer Conference 2011 at Moscone Center West in San Francisco.

"We are thrilled to partner with X.commerce on this effort to bring merchants the best of the best solutions in terms of managing their business," said Outright CEO Steven Aldrich. "What X.commerce is doing is monumental in terms of multi-channel innovations, and we are proud to be a part of that exciting leap."

"We are very happy to have Outright on board to help merchants compete and thrive in this fast-moving world of multi-channel commerce," said Matthew Mengerink, Vice President and General Manager of X.commerce. "Outright's proven performance for eBay sellers speaks volumes about their leadership role in the web-based, small-business accounting realm, and we know the X.commerce retailers will greatly benefit from their services."

X.commerce is a complete, open commerce operating system that offers all the technologies necessary for commerce in an open and accessible format — from shopping carts, to payment services, inventory management, marketplace integrations, tax management and beyond. Outright currently has over 100,000 small business users who have given up doing their bookkeeping either with tedious pencil and paper or with bloated accounting software that requires a course to use. You can visit Outright at booth # 107 at the Innovate Conference.

For more information, please visit www.outright.com.

About Outright

Outright has one goal: to make accounting as simple as possible so the self-employed can spend as little time as possible on the least enjoyable part of running a business. Outright's easy-to-use online accounting software automatically brings all sales & expenses together in one place so the user always know what's going on with their business.  No math, no manual entry, no paperwork. Outright integrates Etsy, eBay & PayPal information, e-commerce accounts, and bank and credit card accounts so users can stay up-to-date effortlessly -- and instead focus on doing what they love to do.

SOURCE Outright