About the
service
Benefits for all parties
Splitgrid is the safe choice for more profitable business – for all parties. The platform is integrated with the stores’ checkout system and automatically distributes the revenue between traders, suppliers and in some cases landlords.
BUSINESS CYCLE
1
Supplier and retailer agree to do business through Splitgrid.
2
The parties specify the conditions for how the capital is to be distributed in our system – item by item or total turnover.
3
Reports are generated weekly. On Mondays, sales reports are generated for the previous week.
4
On Wednesdays - weekly, fortnightly or monthly payments are made and reports are sent out. We send two types of reports – a turnover report and a payout report. The turnover report reports goods sold since the last accounting period. The payout report reports the payout and what is included in it.
5
Billing agreements are automatically closed when the payment is distributed. Commission agreements roll until the parties deactivate them in our portal.
Splitgrid– a secure software
An automated revenue distribution solution
Our service consists of software that is integrated with the store’s checkout system or e-commerce. The revenue is automatically distributed daily between traders, suppliers and in some cases landlords. Splitgrid is fully integrated with the banks and the payments are continuously monitored.
In this way, the store or supplier avoids manual settlement of commission goods sold and gets more time for sales. It couldn’t be simpler, safer and more secure.
Splitgrid’s agreement – benefits both parties
Flexible payment mediation for different types of agreements between store and supplier
The agreements between store and supplier can be based on invoice, consignment or a mixture, for example that seasonal goods are delivered with a generous payment period and NOS is delivered against consignment.
In both cases, Splitgrid will mediate payment and information about sold goods.
CONTACT US TO GET MORE INFORMATION ABOUT SPLITGRID’S AGREEMENT
SPLITGRID SYSTEM PARTNERS
Become a partner
with us
Or do you have questions about a collaboration with us?
Contact us and we will help you further!