Unicommerce eSolutions Ltd.

Unicommerce eSolutions has launched UniReco, a marketplace reconciliation tool, across India. UniReco is designed to help brands and retailers automate the reconciliation of their payments and returns across multiple marketplaces. Marketplaces levy a platform fee based on the service model selected by brands and terms agreed upon mutually. Additionally, there are changes in fee during promotional events and many marketplaces offer incentives and rebates to power sales. These changes often lead to discrepancy in payments and receipts.

The reconciliation tool allows brands & retailers to get a summary of each transaction, ensuring clear visibility of charges, disputed payments, and expected revenue. This feature ensures that brands & retailers have order-wise revenue visibility, which helps them contest any erroneous or incorrect charges and also get a better sense of unit profitability by understanding how different products are contributing to company revenue. UniReco also handles return payments by accounting for return logistics costs and any other expenses agreed upon between the seller and the marketplace.

Additionally, UniReco offers updated & detailed reports of real-time costs and earnings, which is an essential planning prerequisite for sellers as it enables them to efficiently manage their working capital.

Unicommerce eSolutions is an e-commerce enablement Software-as-a-Service (SaaS) platform in the transaction processing or nerve centre layer. It enables end-to-end management of e-commerce operations for brands, sellers and logistics service provider firms.