Ecommerce reconciliation and return management are required to ensure that companies receive the right amount from third-party markets such as Amazon, Meesho, Flipkart, etc.
Keeping track of e-commerce payment reconciliation and retrieving some common features found on most platforms follows,
- Integration with markets (Amazon, Flipkart, Meesho) for reconciliation report.
- Classification of order reductions according to their commission, performance, retention, cancellation, etc.
- Tax-invoice from all markets.
- Payment tracking from various markets for paid or unpaid order status, with unreasonable or additional deductions.
- Insight market analytics reports with profit/percentage loss.
However, Ecombooks is a market leader when it comes to Reconciliation, as it offers reconciliation reports for multiple Marketplaces like Amazon, Flipkart, Meesho.
In addition to this, Ecombooks has a profit tracking feature where merchants can keep a record of returned products and set a return as a success once the product has been received.
The smart monthly return report for each market is categorized in a way that makes it easy to understand and keep track of profits.
Read More: How Online Sellers of Amazon, Flipkart Track Payment?
It also provides a margin report where one does not know how much profit/loss their business is making from a particular product compared to each market. The same reports are available in the category, and at product levels, giving you a complete overview of your bottom line.
Next comes the firmness of the speaker. Ecombooks market leader has changed its products over time with major brands. While some providers play the game of catch, but Ecombooks always steps three times in front of everyone which is why it is its favorite among the growing brands.
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