On an average, over 3% of sales is lost into marketplace leakages every year. This lost revenue increases during festive season, as your order volume goes up.
But you can now claim your money back from marketplaces and save big this November with Vin Reco - Payment Reconciliation System.
Each marketplace has its own commission structure, payment terms, fees, penalties & other charges. Without an effective accounting and reconciliation process, it's easy to lose track of your payments as explained below.
Sales commissions depend on product categories and are usually calculated using a percentage of each unit’s price.
Our marketplace payment reconciliation system identifies any commission that has been incorrectly charged and provides data for the same.
Marketplaces charge fees for shipping based on categories defined by product’s dimensions, weight and location of the delivery.
In the event a shipping category is wrongly recorded, our payment reconciliation system helps reconcile such overcharged shipping fees.
Packing overcharges usually include the cost of physically picking, packing and shipping items.
If a marketplace incorrectly charges the order, our payment reconciliation system captures such transactions and provides a report for the same.
A marketplace may refund the buyer in case of return request but the inventory might not be returned to the fulfillment center.
Our payment reconciliation software provides real-time data for such returns & helps to reconcile marketplace payments & missing inventory.
If goods are damaged during shipment, a marketplace must reimburse the seller against the damage occurred.
Our marketplace payment reconciliation system creates a report for the same, for which the seller can raise cases and claim reimbursement.
In order replacements, a seller may ship multiple units but would receive payment for only one, or none.
Our marketplace payment reconciliation software records such transactions and provides a report for orders against which you have received incomplete or no payment.
Reconciliation wizards with
$10 million leakages identified
State of the art technology for reconciliation
Featured in Gartner’s Magic Quadrant
Amazon trained e-commerce specialists for dispute management
Trusted by many in Top 100 Amazon sellers
Provide end to end reconciliation services