Vendor settlements is the process of settling vendors what is owed to them from their sales made at the event. A value add we offer to our event organizers, is that we are able to make any deductions required on an organiser's behalf.
If the event organizer has opted for us to settle their vendors, the settlement will occur on the same day that online refunds occur (4 days after the event). This settlement will be accompanied by a detailed settlement report.
If the event organizer has not opted for us to settle their vendors and suppliers, it is up to the event organizers to settle the vendors, and we have no involvement in this process.