Easily split and pay vendors their commission when their products sell in your store.
Shops that adopt a consignment business model will find this app useful. Instead of keeping track of the money that you owe all of your vendors separately from you Shopify store, sending physical checks, and sending them updates on sales, you can use VendorDen!
VendorDen is only available and supported in the United States for now. All currency distribution is tracked in USD.
The Process
Invite vendors to the VendorDen
Vendors will add their debit card or banking account that they want to receive funds on when products sell
To add a product to VendorDen for commission splitting, find your product in the "Not Added" section in your products tab (within VendorDen)
Add you product and select the vendor that will be receiving commission
Determine the commission split for the product once its sold and save it!
Next time this product sells in your Shopify store, VendorDen will keep track of how much you owe that vendor and allow you to pay them out at earliest convenience.
Consignment of Physical Spaces
Add any Shopify product to VendorDen as "Class"
VendorDen will allow you to schedule that class and duplicate it to occur on multiple dates, all with their own inventory and tracking in Shopify
Split commissions with the teachers in the classes so they're compensated for the tickets purchased