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Vendor Settlements

Vendor Settlement is the process of paying vendors for the orders they have completed and delivered.
After an order is finished, the system calculates the vendor’s payment and prepares it.

In simple words, vendor settlement makes sure vendors get paid correctly and on time.

On This Page​

Why Vendor Settlement is Important​

Vendor Settlement helps to:

  • Ensure vendors receive payments on time
  • Build trust between the platform and vendors
  • Keep clear records of orders and payments
  • Avoid payment confusion or issues
  • Support smooth business operations

When settlements are managed properly, vendors feel confident using the platform.

Key Features​

  • View vendors ready for settlement
  • See completed orders for each vendor
  • Check settlement status easily
  • Manage settlement dates
  • Keep a clear payment history

These features help keep vendor payments clear and well organized.

Steps to Manage Vendor Settlement​

  1. Open the Vendor Settlement section from the menu.
  2. Select a vendor from the list.
  3. View the completed orders for that vendor.
  4. Check settlement details and payment amount.
  5. Review the settlement status.
  6. Confirm or complete the settlement.

Once done, the payment details are saved for future reference.

Vendor Settlement ensures a smooth and trusted payment experience for both vendors and the platform.