Many distributors and vendors treat customer chargebacks and deductions (or at least a portion of them) as the cost of doing business. But it doesn’t have to be this way! It is possible to both prevent the likelihood of their occurrences, as well as streamline and...
Manufacturers and vendors are losing revenue at an alarming rate. This lost revenue stems from repeated non-payment by major retailers. And, worse, it can seem impossible to reverse the trend. Yet: reversal is possible.
Part of running a manufacturing company involves knowing how customer deductions work. Here are the benefits of automated deductions processing for your organization.
Are customer deductions from retail giants like Amazon eating into your business’ bottom lines? Attempting to stay ahead of customer deductions with manual processes can seem daunting and frustrating as sales soar.
For companies seeing hundreds or thousands of customer deductions per month, processing claims has become critical to maintaining their bottom line. Suppliers for major retailers like Walmart and Amazon can face deductions for everything from unmatched paperwork to...
Retailer deductions pose challenges that any supplier and distributor to a large retailer will know well. Whether you call them chargebacks, short-pay, or deductions, these claims put significant dents in suppliers’ profit margins, and leave them with the headache of...
Frustrated by aging chargebacks and deductions, we often speak with A/R and Finance teams attempting to keep up with AI-powered retailer portals and systems. In our blog this week, we will look at how org leaders can assess the true cost of retailer chargebacks to...
Deduction management is an arduous process for every eCommerce business especially those that sell their products through large retailers like Amazon.
Suppliers and distributors across all industries know the many challenges that retailer and shipper deductions and chargebacks bring. These deductions can quickly eat away at a supplier’s bottom lines, and the only way for them to preserve their profit margins is to...
Cost recovery processes are essential for suppliers and distributors that work with major retailers. Retailers charge suppliers for a wide variety of perceived problems and discrepancies, from mismatched invoices and POs to incorrect shipping practices.
