A direct-to-consumer e-commerce brand partnered with GATP Solutions to gain clarity into daily profitability. By implementing accrual-based accounting and structured reconciliations, the brand achieved reliable, decision-ready financial reporting.The engagement focused on bringing consistency to settlement tracking, improving reconciliation accuracy, and enabling management to confidently evaluate performance across channels.
BUSINESS BACKGROUND
A direct-to-consumer e-commerce brand sold eye care and wellness products through online channels and multiple payment gateways. As sales volumes grew, financial visibility became increasingly important.The brand processed a high volume of daily transactions across multiple payment gateways, credit cards, and online marketplaces. While revenue continued to grow, financial data was dispersed across platform reports, bank settlements, and accounting records, making it increasingly difficult to maintain a single, reliable view of performance.
KEY CHALLENGES
The brand struggled to accurately track profitability due to settlement mismatches and delayed reconciliations.As transaction volumes increased across multiple payment gateways and sales channels, the brand’s financial data became fragmented across systems. Settlement reports, platform fees, refunds, and chargebacks were recorded at different times, creating mismatches between recorded sales and actual bank deposits. Without a structured reconciliation process, management lacked confidence in day-to-day profitability figures and struggled to rely on monthly financial reports for decision-making.
Impact
- Limited visibility into day-wise performance
- Clearing accounts lacked structure
- Monthly financial data was unreliable
REQUIREMENTS & EXPECTATIONS
The management team needed accurate, reconciled financial data with clear visibility into profitability.
Why They Partnered with GATP Solutions
- Expertise in e-commerce accounting workflows
- Strong clearing account and reconciliation capabilities
- Focus on actionable financial reporting
GATP’S STRATEGIC APPROACH
- Reviewed sales, settlement, and accounting workflows
- Introduced structured clearing accounts
- Standardized reconciliation and reporting processes
COMPREHENSIVE SOLUTION
A. Accrual-Based Accounting & Clearing Accounts
Implemented accrual-based bookkeeping and structured clearing accounts for payment channels.
B. Reporting & Reconciliations
Performed regular bank and credit card reconciliations and delivered reliable financial reports.
MEASURABLE RESULTS
- Clear visibility into profitability
- Fully reconciled bank and clearing accounts
- Improved confidence in financial reporting
Client Impact
The brand gained dependable financial insights, enabling more informed decisions and scalable growth.
CALL TO ACTION
If financial visibility is limiting your e-commerce growth, GATP Solutions can help bring clarity and control.
