E-Commerce Financial Logistics · Bangladesh
Courier COD settlement reconciliation built for Bangladeshi e-commerce merchants.
Stop losing 2% to 5% of monthly revenue to uncredited courier payouts, phantom return deductions, and manual Excel matching errors. SettleLedger compares dispatch records against courier settlement files and isolates variances into an actionable dispute desk.
Where Bangladeshi E-Commerce Profits Leak
When processing 500 to 10,000 parcels a month, manual spreadsheet reconciliation breaks down. Three distinct leaks quietly erode store margins.
1. Uncredited Delivered Parcels
Orders marked "Delivered" on courier tracking portals that never actually appear in weekly bank settlement sheets. Without consignment-by-consignment cross-matching, merchants never catch these omissions.
2. Erroneous Return & Weight Deductions
Couriers deducting return transit fees on packages that were never dispatched, or billing sudden 2X volumetric weight surcharges that do not match the merchant's physical package dimensions.
3. The 10-Hour Excel Grind
Accountants spending hours running VLOOKUP routines across Steadfast, Pathao, and RedX files. Manual matching is error-prone, delays courier dispute windows, and obscures true net revenue.
How SettleLedger Solves It in 3 Steps
Designed specifically for the multi-courier ecosystem in Bangladesh.
Upload or Connect
Drag and drop weekly Excel/CSV settlement statements provided by your courier, or connect automated webhook endpoints. SettleLedger automatically normalizes tracking numbers, recipient phones, and invoice IDs.
Automated Variance Audit
The verification engine matches every line item against store records, classifying parcels into matched, delivered-unpaid, amount/fee mismatch, and disputed returns in under 90 seconds.
1-Click Dispute Export
Generate an executive dispute sheet with exact consignment tracking numbers, date delivered, expected cash, and variance breakdown ready for your courier relationship manager to process.
Supported Bangladeshi Couriers & Data Specs
Pre-configured templates engineered for the nuances of local delivery networks.
Technical & Data Integrity Specifications
- Non-Custodial Data Policy: Your merchant records and customer lists remain strictly private. Explorebits never aggregates or sells merchant data.
- Immutable Audit Trail: Every discrepancy resolution note is timestamped without altering or overwriting original courier remittance files.
- Offline-Tolerant Engine: File parsing and variance calculations execute with zero latency, even during local connectivity fluctuations.
- Export Formats: Instant export to XLSX, CSV, and summary PDF audit packages.
Founding Merchant Pilot Program
We are partnering with a select cohort of high-volume Bangladeshi e-commerce merchants to deploy SettleLedger directly into their weekly finance operations.
Frequently Asked Questions
Everything you need to know about SettleLedger and courier reconciliation.
Which courier services in Bangladesh are supported?
SettleLedger natively parses settlement statements and webhook updates from Steadfast, Pathao Courier, RedX, Paperfly, and eCourier without requiring manual spreadsheet restructuring.
How does SettleLedger identify missing COD money?
It executes an automated cross-match comparing your store order IDs, tracking codes, and invoiced COD amounts against courier bank remittance statements. Any delivered parcel omitted from payout, or paid with an unauthorized fee deduction, is isolated into an actionable dispute register.
Do I need a technical team to set up SettleLedger?
No. Our founding pilot includes hands-on assisted onboarding. We personally configure your courier CSV templates, verify your historical order formats, and guide your team through the first reconciliation cycle.
Where is our store and customer financial data stored?
All merchant records remain strictly within your private tenant instance. Explorebits operates under a strict non-custodial policy: we never aggregate, broker, or sell merchant transactional data to third parties, nor do we train public AI models on your private data.
Can SettleLedger export dispute evidence for courier managers?
Yes. SettleLedger generates pre-formatted Excel/CSV dispute sheets with exact consignment numbers, date delivered, expected cash, and remittance variance ready to send directly to your courier representative.
How do we get started?
Submit a pilot inquiry through our contact form. Our engineering team will review your order volume and courier providers to schedule an initial discovery call.
Ready to recover missing courier cash?
Join the founding merchant pilot and put an end to manual reconciliation spreadsheets.