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.
Deduction management has long been a tedious, costly, and lengthy process for suppliers, manufacturers, and distributors across all industries. Many companies have become so overwhelmed by retailer chargeback volumes that they are forced to work overtime, add staff, or...
Major retailers have automated systems that apply chargebacks at rapid speeds. Part of staying competitive today means challenging and fighting every single deduction. Today, we're quickly discussing how you can use iNymbus automation to free up your time to enable you...
