All articles from iNymbus

Home Depot is one of the largest retailers in the world, working with a vast network of suppliers to maintain its inventory and services. However, one of the challenges suppliers face when working with Home Depot is understanding deduction codes and ...

For suppliers, success on platforms like Amazon and Walmart comes with its fair share of challenges. Among them, chargebacks and deductions can be costly and frustrating to manage. These financial penalties can eat away at your profits and create cash ...

Efficient order management is key to keeping operations smooth, cutting costs, and improving customer satisfaction. Tracking Order Management KPIs shows performance, but optimizing them improves speed, accuracy, and cash flow.

Retail deductions are a common problem for suppliers working with big retailers. These deductions reduce a supplier’s payment due to issues like missing or damaged items, pricing mistakes, compliance violations, or returns that weren’t approved.

Invalid deductions are a persistent issue for suppliers, affecting their revenue and cash flow. With many retailers employing automated deduction systems, it’s common for suppliers to encounter invalid deductions stemming from system errors, ...

As a supplier, partnering with a global retail leader like TJX Companies, Inc. can open doors to significant opportunities. With a presence spanning over 4,800 stores worldwide and net sales reaching approximately $40 billion in the first nine months of ...

Struggling with payment reconciliation? Automation is the game-changer you need! Manual reconciliation is slow, prone to mistakes, and takes up too much time. One error can disrupt financial reporting, causing compliance issues and lost revenue.

Picture this: It is the end of the month. You are left to deal with bank statements and invoices on your accounting software. Your team struggles to make sense of the discrepancies you came across. Everyone is trying to figure out why the bank statement ...

Managing cash flow is crucial for any business, and one key factor in this is how quickly you collect payments after making a sale. Delays in receivables can strain operations, hinder growth, and create cash shortages, making it vital to track how ...

When the amount due to the supplier is withheld for shipping, delivery, compliance issues, etc. it is termed a deduction. When these issues become recurring, they are regarded as common mistakes. One would earnestly want to avoid or address such errors ...