Symptoms
- •Finance team spends days manually matching payouts to orders.
- •Discrepancies between reported revenue and cash in bank.
- •Inability to close month-end books on time.
Business Impact
Unreliable financial reporting, wasted accounting resources, and hidden losses from fees, refunds, or chargebacks.
Root Causes
- •Ignoring foreign exchange differences and payment gateway fees.
- •Refunds not being correctly reconciled against the original transaction.
- •Timing differences between order date and payout date.
How Cogent2 Resolves This
Automate the ingestion of Shopify Payout reports. Build a reconciliation model that accounts for fees, refunds, and currency conversion. Use CogentAI to flag discrepancies automatically.