Cash on Delivery (COD)
Σύντομη απάντηση
A payment method where the customer pays the courier at delivery, and the money is remitted to the merchant.
Βασικά συμπεράσματα
- Reconciling COD collected by the courier with orders
- Higher return/refusal rate
- Delayed remittance of money from the courier
What cash on delivery is
Cash on delivery (COD) is payment made at delivery, collected by the courier from the customer and then remitted to the merchant. Very common in e-commerce across Romania and CEE.
Why it matters to the board
COD raises conversion (customers without cards/trust) but increases delivery refusal rate, ties up cash until settlement and complicates financial reconciliation.
Challenges
- Reconciling COD collected by the courier with orders
- Higher return/refusal rate
- Delayed remittance of money from the courier
How CRMconnect helps
CRMconnect links each order to its delivery status and the COD collected by the courier, automating COD reconciliation and highlighting refused orders needing reverse logistics.
Πραγματικό παράδειγμα
An online store reconciled COD against courier statements manually, hours weekly. Automatic reconciliation in CRMconnect removed the manual work and surfaced delayed remittances.
Ενημέρωση:
Συχνές ερωτήσεις
Why is COD hard to manage?+
Because money passes through the courier and must be reconciled per order against their remittances, and the refusal rate is higher - needing reverse logistics.
Can I reduce COD dependence?+
Yes, by encouraging online payment (discounts, a B2B portal with account payment), but COD stays important in certain segments.
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Σχετικοί όροι
Last-mile
The final delivery stage - from local DC to end customer. The most expensive segment.
LogisticsCarrier Management
Centralised management of multiple couriers and carriers: allocation, AWB generation, tracking and performance review.
LogisticsProof of Delivery (POD)
Confirmation that goods were delivered and received: signature, photo, timestamp and any reservations.
ΛειτουργίεςReturns / Reverse logistics
Managing the reverse goods flow - from customer back to warehouse - including inspection, restocking and refund.