"Bookkeeping for Shopify radically simplified."
Ferdinand Tiletzek
Founder & CEO

Areum Labs
Company profile
Your skin at its best. Areum Labs is a complete skincare routine, condensed into just a few steps, that covers all of the skin’s needs, precisely when hormonal changes weaken its own processes. Founded by Eun-Hae “Eddy” Kim, who grew up with the skincare knowledge of her Korean mother (a nurse and beautician), together with Ferdinand Tiletzek, the family-run company combines the plant-based wisdom of K-Beauty and G-Beauty, refined over generations, with the clinically proven gold-standard actives of modern cosmetics: the best of all worlds. The complexity lives in the formula, not in the ritual: three multifunctional products, two steps, under one minute. This is what Eddy calls hormone-smart: every active is chosen for skin in transition, the skin barrier stays at the center, and the formulas are consistently clean, free even of substances discussed as potentially hormone-disrupting. Behind it all is a conviction: changing skin is not a flaw but a phase that deserves smart support. No fear, no promise of eternal youth, just real understanding for every woman whose skin is changing: centered on perimenopause and the years that follow, as well as motherhood and the earlier years, when stress and the menstrual cycle shape the skin. K-Beauty reimagined, made in Germany.
Starting point
The setup: an online cosmetics brand selling via Shopify, with payments arriving through the bank and PayPal, invoices issued in easybill, and the books handed over to an external tax firm. As order volume grew, this chain — shop, payments, invoicing, accounting, tax — drifted apart, and connecting it manually each month became the bottleneck.
Pain points
Time-consuming & costly reconciliation of Shopify transactions with easybill invoices
Labor-intensive & error-prone posting of Shopify transactions, platform fees & returns against aggregated payouts
Limited visibility into liquidity, financial performance & outstanding receivables
Goals
Fully automated & accurate posting of all Shopify revenues & fees
Significant reduction in day-to-day accounting costs
Inclusion of Shopify and PayPal balance in liquidity planning
Results
The introduction of platform solutions in e-commerce such as Shopify & similar systems has been a game changer in many respects. However, the associated accounting processes were long overlooked and still pose a major challenge for many merchants today — especially the correct treatment of platform fees and returns against aggregated payouts, which is particularly demanding in a returns-heavy category like cosmetics. As a Financial Operating System, Frienton connects shop, payments, invoicing and accounting into one continuous chain — and Areum Labs has largely succeeded in eliminating these pain points.
Fully automated matching of Shopify transactions with the corresponding easybill invoices
Transfer of complete accounting datasets — taking into account platform fees, returns & incoming invoices — to the tax advisor
Drastic reduction in the effort required for day-to-day accounting & minimization of coordination needs at the interface with the tax accountant
Full transparency of the current liquidity situation at all times, including balances on Shopify and PayPal
Full transparency of the current liquidity situation at all times, including balances on Shopify and PayPal


