Manage COD Orders with Ease
Monitor and maintain consistent cash flow across multiple couriers with ClickPost’s smart cash-on-delivery remittance module equipped with a smooth COD to Prepaid feature.
- Shorter remittance cycles
- Lower RTO rates
- Healthy cash flow
Decoding the Cash Remittance Conundrum
Cash on delivery remains a reality for many ecommerce businesses. The main challenge is a lack of a systematic reconciliation process that steadily replenishes cash flow. Other factors that make COD a problematic payment option for merchants are - carriers levying COD charges and an absence of escalation management for pending COD remittance cases.
ClickPost’s COD (Cash on Delivery) Reconciliation feature automatically updates remittance statuses for all COD orders, maintains transparent COD lifecycles for carrier evaluation, and regularly escalates non-remitted cases with reports. The result is a streamlined COD remittance workflow with faster recovery times.
Its COD to Prepaid module urges customers to complete their payments online through customized messages. Prepaid conversions lower the occurrence of failed deliveries and returns. Most customers who convert from COD to Prepaid during one shopping event are more likely to opt for prepaid options directly during their next buy.
The Complete Solution for Cash on Delivery Reconciliation
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Single Repository for All COD Remittances
A single dashboard to view, manage, and monitor the status of all COD remittances across multiple carriers.
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Hassle-Free Data Upload
Upload remittance data from various courier partners into remitted and non-remitted categories. Track COD reconciliation statuses with AWBs.
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Carrier Performance Analysis
Track carriers with irregular cash flow patterns through regular actionable insights which help hasten COD remittances.
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Non-Remittance Reports for Speedy Resolution
Alert carriers with delayed COD remittances, regularly analyze COD data and send non-remittance reports to minimize discrepancies in the accounting cycle.
Convert Your COD Orders to Prepaid
ClickPost’s COD to Prepaid conversion feature helps businesses reduce RTO%, return rates, and save up on COD charges from courier companies. With every COD to Prepaid converted order that gets delivered on time brands gain a loyal customer.
The module jumps into action as soon as ClickPost recognizes a COD order. It then sends a message to the customer through the brand’s chosen communication channels (WhatsApp, SMS, Email), prompting them to make the payment online. Successful payment notifications are automatically shared with the customer, courier company, and the brand’s WMS and OMS. Businesses can customize the theme and message details.
See What Our Customers Say
ClickPost provides a complete end-to-end solution in offering logistics tracking and enablement integrated with WMS. We chose ClickPost for the agile support, better insights, and integration with almost all topmost courier services. We chose it for ease of handling, covering all data sets required for analysis, shipping ops overview, and analytics dashboard.
ClickPost is really a game-changer software for managing ecommerce logistics! We have been using the forward and reverse logistics via ClickPost and the experience has been excellent so far since it has reduced our customer queries to a greater extent, all because of ClickPost. Kudos to the team!
Overall, it’s nice working with ClickPost. It is a one-stop solution for automation of logistics workflows and provides all information related to shipping on a single portal.
Proven results across ClickPost users
Leading enterprises throughout the world have achieved significant results using ClickPost.
COD orders converted to Prepaid
Improved Operational Efficiency
Data Transparency
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FAQs
1) What are the risks associated with cash on delivery orders and how to mitigate them?
Cash on delivery has the highest rates of fraudulent orders which cost ecommerce companies dearly. They are also more likely to be returned than prepaid orders. Ecommerce merchants delivering COD orders must verify buyers’ data through SMS or WhatsApp messages. They can also try to convert COD orders to prepaid via targeted messages to reduce the risk of fraud and return.
2) How can ecommerce businesses encourage customers to pay online?
Ecommerce businesses can give out big discounts, offers, sale coupons, and freebies to encourage customers to pay online. They can also inform their customers about the various benefits of using online payment gateways, like safety, accountability, and ease.