Streamline Ajio’s Fee Verfication With Cointab’s Automated Software

Streamline Ajio’s Fee Verfication With Cointab’s Automated Software

AJIO is a comprehensive shop for curated, on-trend fashion at competitive prices. This unique e-commerce platform goes beyond just online sales. AJIO seamlessly integrates online and offline shopping experiences, while continuously innovating in customer service, delivery options, and payment solutions. For sellers, AJIO Marketplace offers an exceptional opportunity to reach a wide audience and achieve exponential growth through Reliance’s vast network.

Sellers looking to leverage Ajio’s extensive reach and user base can expect commission fees on each sale made through the marketplace. While the sheer volume of transactions can make manual fee verification a burden, automated reconciliation systems by Cointab offer a solution. By streamlining transaction recording and analysis, Cointab empowers sellers to identify discrepancies and initiate corrective actions, be it self-fixing errors or filing disputes with Ajio to ensure they receive accurate compensation for their sales. This focus on precision and streamlined processes benefits both sellers and Ajio by fostering trust and transparency within the marketplace.

Essential Reports for Streamlined Fee Verification

Cointab’s efficiency stems from its ability to leverage a comprehensive suite of reports provided by Ajio:

Ajio Order Report: This report serves as the foundation, encompassing all transaction details between you and the marketplace for every order.

Ajio Payment Report: This report goes beyond order details, providing a clear record of payments made for each order, and ensuring a holistic view of your financial transactions.

Rate Card: The rate card acts as the fee blueprint, outlining the specific rates applied to various order parameters.

SKU Master: The SKU Master delves deeper, containing vital product parameters for each item you sell on Ajio. This includes details like weight, size, and most importantly, the item price – all of which influence the applicable commission rates.

Fee Verification Process: Cointab seamlessly automates fee verification by leveraging data from the SKU Master and rate card to calculate the commission charge for each item sold. It then compares these calculated fees with the actual fees charged by Ajio, highlighting any discrepancies for your review.

The result is displayed as follows

Cointab presents the results of its fee verification process in a user-friendly format, categorized as follows:

Correctly Charged Fees: This section showcases all orders where the commission calculated by Cointab matches the fees charged by Ajio. This confirms accurate commission application for these transactions.

Overcharged Fees: Orders highlighted here represent instances where Ajio charged a higher commission than what was calculated by Cointab based on the agreed-upon rates. This allows for swift identification of potential discrepancies and facilitates communication with Ajio for rectification.

Undercharged Fees: Conversely, undercharged fees represent orders where Cointab identifies that Ajio charged a lower commission than what was actually due. 

In today’s increasingly complex business environment, staying competitive depends on swift and accurate decision-making. This, in turn, relies on reliable data verification. Cointab’s reconciliation system addresses this critical need by offering a highly effective solution. Its clear categorization of results, as demonstrated above, simplifies identifying discrepancies, and underpayments, and ultimately confirms the accuracy of your transaction data. Learn More About Automated Fee Verification with Cointab. Contact Cointab today!

Optimize your financial operations with Cointab's powerful reconciliation software. Join now!

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Optimize your financial operations with Cointab's powerful reconciliation software. Join now!

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