Revenue Leakage
Recover losses from unauthorized deductions and missed payouts.
eVanik’s Payment Reconciliation Solution simplifies this process by automating reconciliation across marketplaces, empowering businesses to save time, recover revenue, and maintain financial transparency.
Automatic identification of missing or unpaid transactions.
Comprehensive visibility into marketplace payouts, including charges, returns, and penalties
Comprehensive visibility into marketplace payouts, including charges, returns, and penalties
Comprehensive visibility into marketplace payouts, including charges, returns, and penalties
The Critical Role of Payment Reconciliation
in eCommerce Success
Payment reconciliation is vital for maintaining financial accuracy, preventing losses, and building trust with stakeholders.
Recover losses from unauthorized deductions and missed payouts.
Manual reconciliation can take days and is prone to errors.
Missed or incorrect data entries can lead to tax penalties.
Identify discrepancies like hidden charges, excessive penalties / overcharges by marketplaces.
For every 100 orders processed, at least 3% face discrepancies between marketplace payments and seller invoices. This can lead to revenue loss of thousands annually if not addressed promptly."
Effective reconciliation is more than just matching payments; it ensures profitability and builds trust with marketplaces and customers.
Connect all your sales platforms into a unified system and let eVanik handle discrepancies automatically.
Works seamlessly with platforms like Amazon, Flipkart, Shopify, and Myntra.
View all transaction details in real-time, from marketplace payouts to penalty deductions.I
Get instant alerts for missing payments, delayed settlements, or unauthorized deductions.
Generate detailed, GST-compliant reports tailored to your specific accounting needs.
Automated reconciliation saves 70% of the time spent on manual efforts while reducing accounting errors.
Connect eVanik to all your sales platforms via simple APIs. Supports top marketplaces
eVanik fetches real-time payment, return, and fee data directly from marketplaces.
Automated matching of payouts with invoices, highlighting any mismatches.
Export detailed discrepancy reports for auditing and claim purposes.
Supports Multi-Channel Integrations
Reduce manual effort and errors.
Gain insights into financial health
Stay informed about discrepancies.
Navigate with ease and efficiency.