Reconciliation (COD)
Reconciliation in COD is the process of matching cash collected by carriers at the doorstep with the orders shipped — per order, per carrier, per day — to produce an auditable accounting of money owed to the merchant.
Reconciliation is the layer that turns delivery-success-rate into money-on-the-merchant's-bank-account. Without it, cash sits in intermediary accounts for weeks, mismatches accumulate, and trust erodes.
A proper reconciliation flow does three things daily: (1) ingest delivery reports from every carrier integration, (2) match those reports against the shipped-orders manifest, and (3) flag discrepancies — missing cash, missing orders, wrong amounts — within hours instead of at month-end.
Once reconciled, the cash is ready for settlement to the merchant on the published cycle (typically 7 days for top operators, 14-30 days for slower ones).
COD finance ops
COD finance ops is the end-to-end financial workflow that moves money from the customer\'s doorstep to the merchant\'s bank account: cash collection coordination, reconciliation per order, currency conversion, and settlement cycle to the merchant.
Settlement cycle
A settlement cycle is the published cadence on which a COD platform transfers collected cash from its accounts to the merchant\'s bank account. Faster cycles preserve merchant cash flow; slower cycles indicate operator risk or weak finance ops.
Want this run for you?
Fufills runs the full COD execution stack across 16 LATAM countries.
New to eCommerce?
Join the Fufills Academy
Free playbooks, operator courses, and the community of merchants running COD in LATAM.
