Skip to content
ISO/IEC 27001RazorERP is ISO/IEC 27001:2022 certified. View the certificate for your security review→
ISO/IEC 27001 certified · View the certificate →
RazorERP
AboutSupportRequest a Demo
Request a Demo
Consignment & settlements

Settle every lot on terms your clients can follow.

Calculate what each client is owed from valuation, grading adjustments, contracted fees, and proceeds — then route the settlement for approval and publish the report.

RazorERP workspace · Settlements
RazorERP
Dashboard
Receiving
Audit & grading
Assets
Inventory
Settlements
Client portal
Reports
SETTLEMENT · LOT-24817 · 54 UNITS FROM JOB-7712 · HYPOTHETICAL
Client settlement review
SAMPLE
LineUnitsBase valueAdjustmentsAdjusted
Latitude 5420 · mixed grades24$4,320−$360$3,960
EliteBook 840 G8 · mixed grades18$3,780−$270$3,510
ThinkPad T14 · mixed grades12$1,800−$300$1,500
Adjusted value54$9,900−$930$8,970
Client share at 70%$6,279
Logistics charge−$350
Processing charge · 54 × $4−$216
Net to client$5,713
Lot scope
54 of 214 assets in JOB-7712
Status
Settlement review
Amounts
Hypothetical sample
Illustrative product view · sample data

What it does

01ValuationValue lots from audit and grading results.
02Grading deductionsApply adjustments when condition differs from expectation.
03Fees and proceedsNet contracted fees against resale proceeds.
04Consignment trackingFollow consigned inventory until it sells.
05Approvals and reportingReview internally, then publish to the client.

How the work flows

A typical sequence. Your configuration is agreed during implementation.

  1. 01ValueThe lot is valued from processing results.
  2. 02AdjustGrading deductions and fees are applied.
  3. 03ApproveFinance reviews the settlement.
  4. 04PublishThe client receives the settlement report.

In practice

Illustrative scenario · sample data

A lot of 54 laptops is valued from audit results. Seven units graded lower than expected receive grading deductions, contracted logistics and processing fees are applied, and finance approves before the settlement is published to the client.

What we configure with you
  • Valuation method
  • Deduction rules
  • Approval steps

Questions buyers ask

Can we settle on consignment?

Yes. Consignment tracking follows consigned inventory so proceeds can be settled as it sells.

Can settlements be reviewed before clients see them?

Settlements can be held for internal review before they are published to the client.

See consignment & settlements applied to your operation.

Bring a real example — a receipt, a lot, a settlement — and we will walk through it.

Request a DemoPlatform overview