Seamless Hopscotch Fee Reconciliation With Cointab Automated Software
Seamless Hopscotch Fee Reconciliation With Cointab Automated Software
Hopscotch, a leading online marketplace for children’s clothing, caters to parents seeking high-quality apparel and accessories for their kids. From seamless order placement to secure payments and reliable deliveries, Hopscotch prioritizes a premium customer experience. This stellar service attracts a vast consumer base, translating into a major advantage for Hopscotch sellers.
However, with a booming customer base comes a surge in transactions. While increased sales are undoubtedly positive, sellers must meticulously manage detailed records for each item sold. Manual record-keeping becomes incredibly challenging at scale, potentially leading to significant losses.
Cointab’s automated reconciliation software steps in as the perfect solution. With a simple setup, the software automatically retrieves data through SFTP, email, and API, saving sellers valuable time. It then analyses and cleanses data in any format, presenting clear and concise results for effortless analysis. This includes seamless Hopscotch fee verification, empowering sellers to understand all transactions and track every cost associated with their sales. By providing comprehensive financial insights, Cointab empowers Hopscotch sellers to identify areas for cost optimization and potential loss recovery, ensuring they capitalize on growth opportunities without sacrificing profitability.
Essential Reports Need for Reconciliation
Hopscotch Order Report:
It provides a comprehensive record of each order, including invoice details, product information, quantities, and customer data. This data is crucial for matching orders across your internal systems and the Hopscotch platform.
Hopscotch Payment Report:
The Hopscotch Payment Report offers transparency into all your sales transactions settled through the marketplace. It details every payment received, including the order associated with the payment, the total sales amount, and any applicable fees deducted by Hopscotch.
Hopscotch Debit Note Report:
The Hopscotch Debit Note Report plays a vital role in managing order returns and cancellations. It provides a detailed record of every order that has been returned or canceled, including the reason for the return/cancellation, the associated order details, and the corresponding adjustments made to your account.
Fee Verification Report:
Cointab’s automated reconciliation software goes beyond basic data verification. The Fee Verification Report ensures you receive the correct commission on every sale. Our software utilizes the rates and parameters specified within your Hopscotch SKU master data to calculate the expected commission charges. This calculated amount is then compared to the actual fees deducted by Hopscotch, highlighting any discrepancies. The report is presented in a clear and concise format, facilitating effortless analysis and identification of potential fee calculation errors.
Results:
Correctly Charged Fee: Identifies how many orders have fees that match Hopscotch’s, ensuring accurate processing.
Overcharged Fee: Identify instances where Hopscotch charged you more than expected. Recover these excess fees.
Undercharged Fee: Find orders where Hopscotch undercharged you. Ensure you receive all due commissions.
Cointab’s software streamlines Hopscotch fee verification by automating data loading and accepting custom inputs. This eliminates manual work for sellers, who simply receive a clear report for effortless analysis. This time-saving solution ensures all decisions are based on reliable data, empowering sellers to make swift, data-driven choices that propel business growth and avoid unforeseen challenges.
Cointab empowers Hopscotch sellers to achieve financial clarity and maximize profitability.
