Robotic Process Automation from iNymbus was specifically made to handle retailer deductions and chargebacks. Here's my perspective on how you can add them to your team today.
Shortages, Deductions, and the Price of Cost Recovery
Working in sales at iNymbus gives me a chance to speak with people across a variety of roles on the impact of retailer deductions to their business. Speak with anyone in credit, finance, eCommerce, or sales and you'll hear the same grumblings-- it is time consuming and tedious!
Teams work hard to resolve and recover revenue deducted from your payments . In working with our customers, we see this represents on average over 80% of Amazon deductions. Deliver anything outside of the correct minute, packaging, or quantity and expect a nominal deduction. Multiply this across hundreds, if not, thousands of orders and you're looking at a hefty dollar sum.
The common response in attempting to scale this challenge is to work overtime, build larger departments, or launch large IT expansion projects. We have found that using lightweight RPA Bots (robotic process automation) specifically targeted to address retailer deductions and chargebacks is the key to tackling this problem.
RPA Bots: The Silent Worker
With iNymbus, the task of researching and gathering documents is done automatically with RPA. A process that normally takes hours can be finished in a fraction of time through a number of methods. From there the bots will do the following:
Documents are Centralized and Matched - order and deduction data is all aggregated and displayed on your iNymbus dashboard. You can access and export data from one place, making analysis and reporting simpler.
Claims are Analyzed and Auto-Resolved and Disputed - RPA bots analyze and dispute claims for you in the Vendor Central portal. Goodbye manual work!
Working any retailer deductions is often a tedious and time-consuming task. RPA automation is the solution to this quickly scaling your processing power and addressing this challenge. Employing automation is easier than ever, the first step is requesting a demo to see the technology first hand.