Vin Reco

A payment reconciliation system - Vin Reco detected leakages worth INR 70 crores this year.

Find leakages in financial transactions of orders, inventory and returns.

Why is money leaking into marketplaces?

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 payments as explained below:

Commission Overcharge

The Vin Reco marketplace payment reconciliation system identifies any commission that has been incorrectly charged and provides data for the same.

Shipping Overcharge

In the event a shipping category is wrongly recorded, the payment reconciliation system helps reconcile such overcharged shipping fees.

Pick-Pack Overcharge

If a marketplace incorrectly charges the order, the payment reconciliation system captures such transactions and provides a report for the same.

Inventory Missing Without Reimbursement

The payment reconciliation software provides real-time data for returns and helps to reconcile marketplace payments & missing inventory.

Carrier Damaged Without Reimbursement

Our marketplace payment reconciliation system creates a report for damaged goods, for which the seller can raise cases and claim reimbursement.

Replacement Without Reimbursement

The marketplace payment reconciliation software records order replacements and provides a report for orders against which incomplete or no payment has been received.