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Last Updated:
December 11, 2024

Streamline Vendor Payouts with Effortless Revenue Sharing Solutions

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Streamline your operations with a revenue-sharing solution designed to automate vendor payouts and simplify consignment management. Eliminate cumbersome spreadsheets and manually tracked commissions with an intuitive platform that supports payments through PayPal, Stripe, bank accounts, or cards.

Facilitating multi-currency transactions, this tool ensures seamless vendor payments regardless of geographic barriers. The platform enables smooth management of affiliate payouts and empowers collaborators with full transparency into all financial interactions. Stay organized and informed in one central hub, transforming how payouts are processed and reported.

From enhancing vendor relations to re-imagining your payment workflow, this solution delivers effectiveness and clarity. Experience a sophisticated approach to managing revenue sharing and achieve operational excellence effortlessly.

Features

Effortlessly assign commissions to products based on vendor, product, order tags, affiliates, and more
Automate vendor payouts through PayPal or Stripe for quick and secure payment processing
Generate reports and easily payout affiliates for efficient management
Access detailed vendor reports for transparency in financial transactions
Expand market reach with multi-currency support for global profit sharing operations

Benefits

Increase revenue by effortlessly assigning commissions to products, either as a percentage or flat fee, simplifying profit sharing and streamlining vendor payouts across various markets
Save time and eliminate manual spreadsheets by automating vendor payouts through PayPal or Stripe, ensuring quick and secure payment processing
Expand market reach with multi-currency support, making it easier to manage profit sharing across international markets

About the Vendor

Shark Byte, Inc
8271 NW 125th Ln, Parkland, FL, 33076, US
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8271 NW 125th Ln, Parkland, FL, 33076, US Map

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Pricing

From $19/month. Free trial available.
We have detected the following pricing bands for this app are as follows:
Minimum Price:
$
15.00
MaximumΒ Price:
$
39.00
All charges are billed in USD. Recurring and usage-based charges are billed every 30 days. Pricing may differ to that listed above, please check the link below for accurate and up to date pricing details.
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Owlfred Review

Whooo's needing a seamless solution for profit distribution? Look no further than CollabPay - Split Profits, a top-notch Shopify app designed to streamline your business and whisk away tedious manual procedures. With 16 rave reviews and a sterling average rating of 5, it's clear that CollabPay is nothing short of a hoot, even if we can't track its install numbers due to it being a backend app. This cube of knowledge not only automates your commission payouts via PayPal or Stripe, it also thoughtfully calculates, splits and pays profits to your product creators, influencers or sales reps. Extra feathers include flexible payout options based on vendors, products, and order tags, and the ability to issue detailed vendor reports. Additionally, the app caters to a broad audience with multi-currency support. Pricing starts at a reasonable $15/month, so spread your wings and save time with CollabPay today!

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Frequently Asked Questions

Why is CollabPay a beneficial tool for vendor payouts?
CollabPay is beneficial for vendor payouts because it automates the process, effectively getting rid of the need for manual work through spreadsheets. With built-in functionalities to assign commissions to products, whether as a percentage or flat fee, the app generates payouts automatically and securely processes payments through PayPal or Stripe.
What functionalities does CollabPay offer for international e-commerce operations?
CollabPay offers multi-currency features which takes care of vendor payouts for business across various international markets. Accommodating various currencies, it eases the process of profit sharing in international business.
How does CollabPay assist in managing royalty payments?
CollabPay aids in the management of royalty payments by using an efficient, digital method. By automating the process, it erases the burden of manual tracking, making it a perfect tool for managing royalty payments.
What major features does CollabPay have for optimizing e-commerce operations?
CollabPay is designed to optimize e-commerce operations by automating vendor payouts, efficiently calculating commissions, safely processing payments, and supporting multi-currency payments. These features make it an asset to any Shopify merchant looking to streamline their business operations.

Shopify App Comparison: CollabPay ‑ Vendor payouts vs Profit Calc: Profit Calculator - which is better?

When comparing CollabPay ‑ Vendor Payouts to Profit Calc: Profit Calculator, we can see that both apps offer unique capabilities and features that can greatly benefit businesses. CollabPay is specifically designed for simplifying revenue-sharing and vendor payouts. With its ability to assign commissions to products, automate payouts through PayPal or Stripe, and generate reports for transparent financial transactions, CollabPay offers a comprehensive solution for managing profit sharing and streamlining e-commerce operations. Its multi-currency support also makes it easier to expand market reach across international markets. Overall, CollabPay is a valuable asset for Shopify merchants looking to increase revenue and save time.

On the other hand, Profit Calc: Profit Calculator focuses on enhancing financial visibility and providing key insights into a store's financial performance. With its user-friendly dashboard and real-time reports, businesses can easily access important metrics and stay informed about their financial health. The app's ability to sync with popular ad platforms like Facebook and Google ensures data accuracy and relevancy. Additionally, the feature of viewing multiple stores simultaneously within the same report allows for a comprehensive overview of all business ventures, empowering strategic decision-making processes. Profit Calc strikes a balance between simplicity and depth, offering businesses a simplified yet accurate understanding of their store's financial standing.

Based on the unique capabilities and features of both apps, we would recommend CollabPay ‑ Vendor Payouts for businesses looking to streamline profit sharing, automate vendor payouts, and expand their market reach across international markets. CollabPay's emphasis on user convenience and efficiency, as well as its integration with PayPal and Stripe for secure payment processing, make it a valuable asset in a Shopify merchant's toolkit. However, Profit Calc: Profit Calculator can also be beneficial for businesses seeking a simplified yet comprehensive understanding of their financial performance, especially for those managing multiple stores and utilizing popular ad platforms.

Attribute
CollabPay ‑ Vendor payouts Shopify AppCollabPay ‑ Vendor payouts
Profit Calc: Profit Calculator Shopify AppProfit Calc: Profit Calculator
Average Rating 5 out of 5 5 out of 5
Number of Reviews 27 69
Estimated Installs 0 0
Min Price $15.00 $29.00
Max Price $39.00 $99.00
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