Pepperfry, a leading Indian online marketplace for furniture and homeware, connects you, the seller, with millions of potential customers. By listing your products on Pepperfry’s user-friendly platform, you gain access to a massive audience of over 4.5 million active users, significantly boosting your sales potential. Pepperfry seamlessly integrates online and offline business models, providing a robust platform for furniture vendors to thrive. They continuously innovate in delivery services, financial solutions, and customer experience, ensuring a smooth and successful online sales journey for their sellers. Becoming a Pepperfry vendor unlocks a treasure trove of opportunity. By leveraging their extensive user base and established marketplace, you can experience exponential growth for your furniture business.
Pepperfry, a preeminent Indian online marketplace for furniture and homeware, presents a compelling proposition to sellers – the opportunity to exhibit their products to a substantial and actively engaged user base exceeding 4.5 million. This translates to significant growth potential for furniture businesses.
Scaling your business on Pepperfry brings the exciting challenge of managing a high volume of transactions. While high sales are undoubtedly desirable, ensuring accurate settlements and managing fees efficiently becomes even more critical for maximized profitability.
Cointab: Your Automated Solution for Effortless Pepperfry Reconciliation
Cointab’s automated reconciliation system empowers Pepperfry sellers to achieve financial clarity and maximize profits. Our technology seamlessly automates transaction recording and analysis, meticulously compares data with Pepperfry’s reports to identify discrepancies, and equips you with the tools to efficiently resolve any issues, all within a single platform.
Essential Reports:
Pepperfry Order Detail Report:
This report serves as a comprehensive record of every Pepperfry sale, detailing each order with specific product information, customer details, and pricing.
Pepperfry Shipping Details Report:
Track the journey of your orders with this report, containing detailed shipping information for each transaction.
Pepperfry Canceled Order Report:
Not all orders reach their final destination. This report captures details of canceled or returned orders, providing a complete picture of your transactions.
Pepperfry UTR Detail Report:
This report functions as your payment confirmation, listing every order Pepperfry has paid you for, complete with UTR (Unique Transaction Reference) IDs for clear record-keeping.
Client ERP Reports (e.g., SAP, Tally):
Your internal Enterprise Resource Planning (ERP) system reports provide valuable data on your sales and fees.
The Result Are Displayed Below-:
Pepperfry-ERP Reconciliation
Reconciled Orders: These transactions perfectly match in both your ERP system and Pepperfry’s Invoice report, indicating everything is in order.
Underpayments: These orders show a lower amount recorded in your ERP system compared to Pepperfry’s Sales report. This might signify potential missed revenue that requires further investigation.
Overpayments: These transactions have a higher amount recorded in your ERP system than what Pepperfry’s Sales report reflects. It’s advisable to explore these discrepancies to ensure accurate settlements.
Missing from Pepperfry: Cointab identifies orders recorded in your ERP system that are absent from Pepperfry’s reports. This highlights potential missing sales data that you may need to address with Pepperfry.
ERP- Pepperfry Reconciliation
Reconciled Orders: These transactions perfectly match in both systems, confirming everything is in order.
Discrepancies: Cointab identifies these as orders where the amounts differ between your ERP and Pepperfry reports. These discrepancies fall into three categories:
- Under Recorded by Pepperfry: These orders show a lower amount in Pepperfry’s report compared to your ERP. You might be missing out on revenue here.
- Over Recorded by Pepperfry: These orders have a higher amount in Pepperfry’s report than your ERP. It’s recommended to investigate these to avoid overpayments.
- Missing from Pepperfry: These orders are present in your ERP but absent from Pepperfry’s reports. This could indicate missing sales data.
Effortless Reconciliation, Exponential Growth
Managing Pepperfry sales and ensuring accurate settlements can be a complex task. Cointab’s automated reconciliation software simplifies the process, providing a clear and comprehensive view of your earnings. By automating data analysis and categorizing results into actionable insights, Cointab empowers you to gain transparency and maximize profitability.
Get a demo today!