Seller Payment Automation Product
Overview
E-Commerce Marketplace Platforms allow any seller, across the country, to open their online shop for free and upload as many products as they want. Other than taking the merchant shop live for free, online marketplaces also manage the complete operation of online marketing, order processing, logistics, payment collection and customer care for a simple fee on successful transactions. Reconciliation of prepaid, COD collection against the payment made to seller is a challenge and so is payment being made to Logistic partner and intermediaries.
Commdel Seller Payment Automation Product caters to the requirement. Seller payment are automated and the reconciliation is available online through web interface and fully integrated with your order processing engine:
Key Features
- Developed to handle high volume of transactions
- Integrate the data stream from various order engine, CRM and other sources
- Admin utility to setup product categories, order engines and commission structure
- Seller payment preparation basis the payment rules
- Buyer Refund processingand adjustment to Seller payment
- Logistic Partner Payment Automation
- FOS payment automation
- Reconciliation of Collections and Payment for every order
- Seller Ledger management and balances
- Service Tax and TDS management
- Miscellaneous Seller payment management
- Ability to do manual intervention to a particular user role with audit trail
- Integrated with Account Package/ERP Solutions
- Numerous MIS reports and custom reporting
- Integrated with Banking System
Benefits
- Reconciled collection of payment for each order
- Time and effort saving
- Timely payment to sellers, logistic partners, FOS
- Seamless month-end closing
- Integrated with existing order engine, CRM, and ERP