Finance auto reconciliation for marketplaces and online retailers

Marketplaces pay in batches, net of commissions and fees. eComChannels imports each remittance, matches every line to its order, applies your fee and settlement rules and shows what is paid, short-paid or missing.

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Features

Remittance import

Upload or import remittance and settlement files from each marketplace, with a saved import layout per channel.

Automatic order matching

Each payout line is matched to its sales order and invoice, so only the exceptions need a person.

Fee and settlement rules

Commission, fee and settlement rules per channel explain the difference between the sale and the payout.

Exceptions first

Short payments, unmatched lines and unpaid orders are flagged for follow-up.

Finance dashboard and reports

See receipts, fees and outstanding amounts by channel and period.

Invoices from orders

Invoices are generated from sales orders, so finance works from the same data as operations.

Manual work compared with Finance auto reconciliation

Example: 1,000 payout lines from 5 marketplaces in a month.

Manual and traditional tools compared with eComChannels
Manual / traditional toolseComChannels AI
HowSpreadsheets matched against marketplace reportsFinance auto reconciliation
Time1.5 minutes per payout line: about 25 hours a month12 seconds per payout line: about 3.3 hours a month
EffortMatch each payout line to its order, work out commission and fees, and chase short payments line by line.Lines are matched to orders automatically with fee rules applied. People only review the exceptions.
Staff costabout A$880 a monthabout A$120 a month

Saves about 22 hours and about A$760 of staff time a month, about 87% less time.

Illustrative estimates for a typical retailer, using the task times shown and staff time at A$35 an hour including super. Your results depend on your range, channels and team. The eComChannels subscription is not included; all products are currently on a 30-day free trial.

Work out your own savings

1. Choose the work

2. Set your volume

Manual: Spreadsheets matched against marketplace reports. eComChannels: Finance auto reconciliation.

Manual / traditional tools25 hoursA$880 a month
eComChannels AI3.3 hoursA$120 a month
You save every month22 hours and A$76087% less time. Over a year: 260 hours and A$9,100.

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Estimates use the task times in the comparison tables and the staff cost you enter. The eComChannels subscription is not included.

How payouts are matched

OrderChannelPayout status
Order #1042AmazonMatched
Order #1043BIG W MarketMatched
Order #1044BunningsShort-paid
Order #1045KoganMatched
Order #1046eBayNot in payout
Illustration: each payout line is matched to its order, and only exceptions need a person.

Reconcile payouts from

  • Amazon Australia logoAmazon Australia
  • Temu (Local Seller) logoTemu (Local Seller)
  • Woolworths Everyday Market logoWoolworths Everyday Market
  • BIG W Market logoBIG W Market
  • Bunnings Marketplace logoBunnings Marketplace
  • Kmart Marketplace logoKmart Marketplace
  • Decathlon Australia Marketplace logoDecathlon Australia Marketplace
  • eBay Australia logoeBay Australia
  • JB Hi-Fi Marketplace logoJB Hi-Fi Marketplace
  • Country Road Group Marketplace logoCountry Road Group Marketplace
  • Velocity Frequent Flyer Store logoVelocity Frequent Flyer Store
  • Etsy logoEtsy
  • Myer Marketplace logoMyer Marketplace
  • THE ICONIC Marketplace logoTHE ICONIC Marketplace
  • Lasoo logoLasoo
  • Temple & Webster logoTemple & Webster
  • Baby Bunting Marketplace logoBaby Bunting Marketplace
  • Kogan Marketplace logoKogan Marketplace
  • Shopify logoShopify

The research behind Finance auto reconciliation

Why it moves the numbers

59%

59% of accountants make several financial errors a month, and 18% make errors at least daily, with errors linked to capacity constraints.

Gartner, Survey Shows That a Third of Accountants Make Several Financial Errors Per Week due to Capacity Constraints, 2024
39%

39% of finance functions using AI apply it to anomaly and error detection, and 44% to intelligent process automation.

Gartner, Survey Shows 58% of Finance Functions Using AI in 2024, 2024
30%

A generative AI assistant for budget variance insights at a global consumer goods company saved an estimated 30% of finance professionals' time.

McKinsey & Company, How finance teams are putting AI to work today, 2025
4.8 days

Top-quartile organisations complete the monthly close in 4.8 days or less, about half the time of the bottom quartile (10+ days); the median is 6.4 days.

CFO.com / APQC, Metric of the Month: Cycle Time for Monthly Close, 2018

Independent studies, linked to their sources. All research findings.

Guides on finance auto reconciliation

Questions about Finance auto reconciliation

What does marketplace reconciliation mean?

Checking that every order sold on a marketplace was paid for, at the right amount after commission and fees, by matching remittance or settlement lines to orders.

Which channels can be reconciled?

Any marketplace or store whose remittance or settlement report can be imported, including Amazon, Temu, Woolworths Everyday Market, BIG W Market, Bunnings Marketplace, Kmart Marketplace, eBay, Etsy, Myer Marketplace, THE ICONIC, Lasoo, Temple & Webster, Baby Bunting and Kogan and Shopify.

Other eComChannels products

See eComChannels in action

Book a live demo and our team will walk you through the products using your own channels and workflow. All products are currently available on a 30-day free trial.

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