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Ecom Books

by Ecombooks · Since 2020
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ActiveAvailable globally
Quick facts
VendorEcombooks
Year launched2020
StatusActive
LocationINDIA
Countries servedGlobal
Languages10
Integrations17+
Free tier
Free trial
Contact salesYES

About Ecom Books

Ecom Books is an accounting software from Ecombooks designed for e-commerce businesses. It provides bookkeeping, invoicing, and expense tracking so users can manage their financials efficiently. This platform simplifies financial reporting and helps users stay compliant with tax regulations. Ecom Books allows for easy integration with popular e-commerce platforms, ensuring accurate tracking of sales and expenses in real-time. Key capabilities: bookkeeping invoicing expense tracking financial reporting tax compliance Best for: e-commerce businesses that need to keep track of financial transactions accurately.

Ecom Books is a specialized payment processing software developed by Ecombooks, designed to streamline and optimize the financial reconciliation processes for e-commerce businesses. This tool is particularly valuable for companies that operate across multiple online marketplaces, where tracking transactions, fees, and returns can become a complex and time-consuming task. The software is currently active and widely utilized, though specific information about its launch date is not explicitly stated. One of the standout features of Ecom Books is its robust order-level reconciliation capability. This feature ensures that every aspect of an order—from shipping to payment—is meticulously tracked and reconciled. It provides a comprehensive view of all marketplace commissions, logistics fees, and other charges, ensuring that businesses are not overcharged. This level of detail is crucial for companies managing high volumes of transactions, as it helps maintain accuracy and prevents financial losses. Another critical feature is its overcharge detection system. Ecom Books uses predefined rules based on marketplace rate cards to identify any discrepancies in the fees charged by online platforms.

Pros & Cons

What users like
  • +Wide ERP and Marketplace Integrations: Integrates smoothly with major ERP systems like SAP, Microsoft, and Oracle, and popular marketplaces such as Amazon, Flipkart, and Myntra, streamlining operations.
  • +Detailed Financial Reconciliation: Provides accurate order-level reconciliation, helping businesses maintain financial accuracy.
  • +Return Management: Efficiently tracks and reconciles returns, reducing financial discrepancies.
  • +Overcharge Detection: Identifies and corrects overcharges from marketplaces, safeguarding profits.
  • +Comprehensive Support: Includes various support options, ensuring user assistance
What users flag
  • User Interface Complexity: The interface may be challenging for new users, requiring a learning period.
  • Scalability Concerns: May not be ideal for very large enterprises needing more extensive integrations and customization options.
  • Inconsistent Pricing Transparency: Lack of transparent pricing details on the website, requiring direct contact for quotes.
  • Limited Language Support: Primarily available in English, potentially limiting usability in non-English-speaking regions

Features

Key features

Order-Level Reconciliation
Automates order-level payment reconciliation with 100% accuracy, providing a comprehensive view of marketplace commissions and other charges.
Overcharge Detection
Identifies overcharges at the order level, allowing businesses to reclaim lost funds due to incorrect marketplace fees.
Return Reconciliation
Tracks returns, including their status as delivered, in transit, or lost, helping to minimize losses from unaccounted returns.
Claim Management
Facilitates end-to-end claim management, helping recover almost 2% of GMV through persistent follow-up with marketplaces.

Additional features

Order-Level Reconciliation
Detailed tracking of shipped orders, covering all aspects like delivery, payment status, and marketplace charges.
Overcharge Detection
Establishes rules based on marketplace rate cards to accurately pinpoint overcharges in commissions, logistics, and return fees.
Return Reconciliation
Monitors and reconciles returns, identifying lost or falsely marked deliveries.
Claim Management
Automates the detection and recovery process for lost returns, overcharged orders, and warehouse discrepancies.
Marketplace Integration
Seamlessly integrates with various e-commerce marketplaces to gather data for reconciliation.

Pricing

Free trial
Free version
Request a quote
Promo Offer

Countries & Languages

Global
Countries served
10
Interface languages
19
Billing currencies

Interface languages

EnglishSpanishFrenchGermanItalianPortugueseDutchRussianJapaneseChinese

Billing currencies

🇺🇸USD🇪🇺EUR🇬🇧GBP🇨🇦CAD🇦🇺AUD🇯🇵JPY🇨🇳CNY🇮🇳INR🇲🇽MXN🇧🇷BRL🇿🇦ZAR🇨🇭CHF🇸🇪SEK🇦🇪AED🇸🇬SGD🇭🇰HKD🇳🇿NZD🇰🇷KRW🇷🇺RUB

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