Payment Reconciliation feature enhances e-commerce services

NEW DELHI, INDIA: Unicommerce (Multi-Channel Order Fulfillment Software company) has added ‘Payment reconciliation system’ to Uniware, its SAAS based warehouse management platform for servicing Ecommerce Companies.

E- Commerce companies can now easily track payments for each order received with Payment Reconciliation feature. Operating on B2B and B2C models, Unicommerce enables E-commerce merchants of all sizes to sell more.

Mr Ankit Pruthi, Co-founder & CEO, Unicommerce said “With orders coming from every marketplace, tracking the payment for each order becomes a challenge for the sellers. The newly introduced payment reconciliation feature of Unicommerce is all set to solve this pain point of Indian E-commerce Sellers.”

Today, marketplaces collect the money from customers on behalf of the sellers. And after deducting the commission, payment gateway, shipping and other charges, the marketplace pays the seller after some time.

The inventory management software company and its smarter automated products are the backbone of inventory management for over 1000 seller’s (E-Commerce companies & retail businesses) to manage their orders and inventory on marketplaces like Jabong, Myntra, Flipkart, Snapdeal, Ebay, Amazon among others.