Global-e is the world’s leading platform to enable and accelerate global, direct-to-consumer cross-border ecommerce. Through their comprehensive end-to-end solutions that combine best-in-class localization capabilities, big-data best-practice business intelligence models, streamlined international logistics and vast cross-border experience, they enable retailers and brands to increase international traffic conversion and sales and achieve significant global online growth.
Shopify is a cloud-based, multi-channel commerce platform designed for small and medium-sized businesses. Shopify offers a complete commerce platform that lets users start, grow, and manage a business.
Also referred to as cash application, it’s the process of matching customer orders and refunds to a payment, and ultimately to a payout in the bank account. This ensures that the data used to book key ﬁnancial metrics can be accurately traced to a cash conclusion.
Use Blue Onion with Global-e and Shopify to eliminate the manual and repetitive process of matching each order to a payout and booking payment processor fees. Blue Onion leverages proprietary algorithms to automatically match each cash sale to a bank settlement, creating an order audit trail and automating the order-to-cash reconciliation process for each transaction.
Blue Onion connects to a company’s order system, payment processors, and bank account. The software algorithmically traces and matches each order to a payment and ultimately to a payout in the bank account. By connecting all the source data, Blue Onion is able to provide detail into the refund transactions and can trace them back to the original order date. With Blue Onion you can easily accrue for refund transactions. You are able to see the average time between the order and refund dates along with the average amount as a percentage of sales.
What information will Blue Onion be able to provide me?
Blue Onion matches each order to a payment and to a payout in the bank account. The software creates an audit trail from point of sale through to the bank account, including payment processing fees, refunds, and chargebacks.
Does Blue Onion connect with other tech stacks related to our workﬂow?
Blue Onion offers connections with popular order systems, payment processors, other return and gift card services, and accounting systems.