Acosta Reduces its A/R Team Size by 60% with Faster Deduction Resolution

Impact Achieved

60%

Reduction in Team Size

More

Complete Information

Faster

Deduction Resolution

“HighRadius automation comes in 100% in the quality side and it’s as high as it has ever been. Our team’s ability to find invoice absolutely improved over time as we went live with HighRadius.”

case-study-speaker

Andrew Morris

SPHR, SHRM-SCP, Vice President, Business Process Solutions

Acosta

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About Acosta

Acosta, an American sales and marketing company, Manages More than a Million Claims for the Largest CPG Companies in the World and Ensures a 93% Ready-to-Clear Rate

Region

North America

Revenue

$1.9B

Employees

10000

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Top Challenges

  • Manual aggregation of claims and POD documents from more than 40 manufacturers and retailers.
  • Manual data entry into spreadsheets or paper documents and identifying incomplete or missing data.
  • Due to inefficient tracking, , the analysts were unable to squeeze more dollars into trade promotions.

Business Benefits

  • The solution auto-captures claims and POD docs and links them to relevant cases along with auto-deductions coding.
  • Auto-attachment matches backup documentation to the relevant collections or deduction case.
  • Auto-processing of trade deductions with document storage and interpretation of PODs/ claims information.
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