Payment Reconciliation
Effortless payment reconciliation to ensure accuracy and recover missed earnings.
Shipping Reconciliation
Accurate shipping reconciliation to identify discrepancies and recover lost funds.
Inventory Recon (Own Warehouse & FBA)
Seamlessly reconcile inventory across your warehouse and FBA for precise stock management.
Tally PRIME
One-click integration with TallyPrime for seamless accounting and financial reporting.
SAP
Effortlessly connect with SAP through custom API integration, enabling smooth data exchange and automation tailored to your business requirements.
MS-Dynamics
One-click integration with MS Dynamics for seamless data synchronization and efficient business management.
Zoho Books
One-click integration with Zoho Books for seamless accounting and financial management.
AI Chatbot (Ask eVa)
AI-powered chatbot for instant support, queries, and automated assistance, enhancing your customer experience.
Integration with all major e-commerce marketplaces
Effortlessly integrate with all major e-commerce marketplaces for seamless operations.
Mobile App for Returns Management
Simplify returns management with our intuitive mobile app for quick and efficient processing.
Multi-User SaaS Platform
Collaborate seamlessly with team members on a secure, scalable SaaS platform for efficient business management.
Chrome Extension
Boost productivity with our Chrome extension for quick access to key features and seamless integration.
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Search Insights
Gain valuable insights with share of search data to optimize your product visibility and marketing strategies.
Content Monitor
Track and optimize product listings with real-time content monitoring for enhanced visibility and performance.
Reviews & Ratings
Monitor and analyze reviews and ratings to enhance customer satisfaction and improve product performance.
Availability Tracking
Monitor product availability and assortment in real-time to ensure optimal inventory levels and market presence.
Pricing Monitor
Track pricing and promotions in real-time to stay competitive and maximize sales opportunities.
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Stay informed with expert articles, tips, and updates on e-commerce, automation, and business optimization.
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Find answers to common questions and get quick solutions to help you make the most of our platform.
Knowledge Base
Access detailed guides, tutorials, and troubleshooting resources to maximize the value of our platform.
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Explore API documentation, integration guides, and developer resources to seamlessly connect and customize our platform.
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Success Stories
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Every retailer or wholesaler faces the daunting challenge of managing product returns. In order to build stronger relationships with customers and create an opportunity to recover value from the reverse flow of goods, it is essential to establish an effective returns management policy and to conduct regular returns reconciliation.
Returns in e-commerce is expected to exceed 30% globally. (source). This number is shocking and depressing for most sellers as this has a direct impact on the balance sheets and inventory control. Unaccounted, Unreceived and Non-Saleable returns account for majority of the losses in ecommerce business for sellers and unless timely and accurately tracked, this could shut shops sooner than we may realize.
In case a shipping package could not be delivered at the doorstep for a certain reason like, door found locked or location not found, etc.
In case the customer has initiated a return after receiving the package.
Products not matching their online descriptions Wrong product delivered. Issues with the fit and/or product quality. The customer no longer wants the product.
eVanik OWS offers a centralized panel to manage account reconciliation for marketplaces returns and inventory against all the returns. Our return module is highly efficient to centrally manage Courier Returns and Customer Returns effectively, ensuring smooth and quick turnaround time. If returns are a pain point in your organization, check out our features with which we can offer to help.
Manage returns, update the shelf code and return reason, using eVanik OWS to capture complete information about returns. This way the returns can be managed faster and more accurately.
For a small retailer, his return management system is often manual. You can handle returns much easier when the volume of sales matches the scale of the business. In this setting. You might have one or two return from the point of the contact requesting a return to the item being restocked and replaced or refunded.
But that approach isn't scalable and as your sales volume increases so do the returns.
To oversee returns, eCommerce businesses typically add workers, increase or assign warehouse space for returns, and even build up discrete divisions just to handle returned products.
For bigger incumbent brands, the return cost as a percentage of revenue is just 2%. For smaller section entry-level brands and developing SMBs, that return cost as a percentage of revenue is 48%.
Aside from refunding the revenue from the sale of the item, there are various other costs at play that impact profit margins:
(1) Conditioning items for resale
(3) Lost warehouse efficiency
(2) Obsolescence of returned items
(4) Cost of shipping (return shipping and reshipping)
For the normal business, managing the return and repair process can account for around 10% of total supply chain costs. However, if your eCommerce return management process is poorly planned and inefficient, it can intensify the cost and diminish benefit by 30% (or more).
A lumbering eCommerce return management process is also guaranteed to baffle your customers.
Why worry about these costs and hurdles when we are here to help you, we make it easy for your customers to file a return and we make it easier for you to handle returns requests.
Online returns reconciliation and management also involves matching your inventory and account reconciliation from marketplaces for due payments. We offer a centralized panel to manage the returned orders for all sales channels. Even sellers can raise disputes to marketplaces in the case of bad inventory which is returned from customers.
eVanik OWS provides advanced and customized features to provide more visibility of the current status of the shipment to support vendors and their customer support to communicate well with the customer queries building higher customer experience.
eVanik OWS advanced returns management process provides clear visibility to the vendor about the returns received and thus eliminates the delay in managing the complexity of refunding a customer for an online return. It ensures that all the information for a return moves quickly between your systems so your customer can be assisted well with the return requests.
eVanik OWS deliveres comprehensive returns management software. With its rich and convenient functionality, the implemented solution automates an array of processes involved with handling returned goods, starting from creating requests up to setting prices and generating resale reports.
At eVanik, we have seamlessly integrated the solution with various marketplaces such as Amazon,Flipkart etc, making it easier for customers to manage returns reconciliation. It is one-stop-shop for full-cycle returns management according to Customer satisfaction