Consignment Management System
The Consignment Module integration in StriveMake streamlines the creation and management of consignment agreements for businesses. Within the platform, users can easily generate customized consignment agreements tailored to their specific needs. These agreements can include detailed terms and conditions, pricing structures, commission rates, Tax calculation and inventory specifications. By providing a centralized platform for agreement creation, businesses can ensure consistency and accuracy across all their consignment partnerships, fostering stronger relationships with consignment partners and minimizing the risk of disputes.
Efficient Inventory Tracking and Management
With the Consignment Module, businesses can efficiently track and manage consigned inventory within StriveMake.
Viewing and Pricing Products in Consignment
The Commission Module allows users to view a comprehensive list of products in consignment, ensuring complete visibility over inventory. Additionally, users can manage and update the pricing of these consigned products, which is essential for accurate commission calculations. This feature ensures that all commission-related transactions reflect the most current product prices, maintaining transparency and precision in payouts. You can also add the tax in your consignment while pricing.
Creating and Converting Purchase Orders
In the Commission Module, users can create detailed purchase orders and seamlessly convert these orders into actual purchases. This streamlined process ensures that procurement activities are efficiently managed and that all purchases are accurately recorded for commission calculations. By automating the conversion of purchase orders, the module reduces manual effort and enhances the accuracy of the procurement and commission tracking processes.
Creating and Converting Purchase Orders
The Commission Module also supports the creation of sale orders, which can be easily converted into finalized sales. This functionality is crucial for tracking sales performance and ensuring that commissions are calculated based on completed transactions. By automating the sale order conversion process, the module ensures timely and precise commission payouts, aligning sales
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- Instant activation
- Cancel anytime
- All updates included
- 24/7 priority support
About the Consignment Management System add-on
Consignment Management System tracks goods you hold or place on behalf of others, where ownership stays with the supplier until the item sells. It records what came in, what sold, what remains and what is owed back to each consignor. Inside StriveMake, those movements connect to your inventory, POS and accounting, so a sale at the counter updates stock and settlement balances at once. One login keeps consignors, products and payouts aligned, and reports show exactly which stock is performing.
What you can do with Consignment Management System
- Record consigned stock received from each supplier or vendor
- Track sales, remaining inventory and items returned
- Calculate consignor payouts and commission splits automatically
- Generate settlement statements per consignor with full history
Who Consignment Management System is for
Retailers, galleries and resellers that sell goods owned by third-party suppliers on a consignment basis.
Consignment Management System — frequently asked questions
What does the Consignment Management System add-on do?
It manages stock that you sell on behalf of others while ownership stays with the supplier. The system logs what each consignor delivered, tracks sales and returns, and calculates what you owe them after your agreed cut. Settlement statements are generated per supplier, so payouts stay accurate and every item is accounted for from arrival to sale.
How much does the Consignment Management System add-on cost?
The Consignment Management System add-on is $29,00/month or $278,00/year on top of your StriveMake plan, and you can turn it off whenever you like.
How does it handle the split between my margin and the consignor payout?
You set the commission or split for each consignor or product, and the system applies it whenever an item sells. The consignor portion accumulates into a settlement balance you can pay out on a schedule, while your margin is recorded separately. This keeps the financial side clear even when many suppliers and rates are in play at once.
Does Consignment Management System work with the rest of StriveMake?
Yes. Consigned items live in the same inventory used by your POS, so a counter sale updates stock and consignor balances together. Payouts and your earned margin flow into accounting, and reports combine consignment performance with the rest of your sales, giving one connected view instead of a separate ledger.
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With StriveMake, you can conveniently manage all your business functions from a single location.
