Overview
What is 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 &…
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Product Details
- About
- Tech Details
What is 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.
Vin Reco Features
- Supported: Payment Reconciliation
- Supported: Dispute Management
Vin Reco Technical Details
Deployment Types | Software as a Service (SaaS), Cloud, or Web-Based |
---|---|
Operating Systems | Unspecified |
Mobile Application | No |
Supported Countries | India, USA |
Supported Languages | English |