How difficult is it to raise a claim on VC?


Disputes are a part of life and processing them takes away a huge chunk of manpower and time. But things get complicated manifold when you have to adopt a complex workflow just for handling deductions from only one customer ? Amazon. Amazon has ties with quite a number of vendors. However, the Amazon Vendor Central is a nightmare for deductions analysts because of its cumbersome processes for resolving disputes.

Contents

Chapter 01

Executive Summary

Chapter 02

How difficult is it to raise a claim on VC?

Chapter 03

How Do Robots Fare Against Vendor Central

Chapter 04

Robots and Real World Amazon Dispute Cases

Chapter 05

Summary
Chapter 02

How difficult is it to raise a claim on VC?


Amazon Vendor Highly manual processes for disputing in Vendor Central Disputing claims on Amazon Vendor Central is a challenge due to a largely manual-driven process coupled with a non-intuitive interface. Some of the key issues associated with disputing on VC are:

  1. Claims download This process involves dispute analysts to log in multiple times in the system throughout the day just to check for claims. Every claim has to be manually downloaded from the portal as it cannot be fetched in bulk.
  2. Document upload Documents such as claims, remittance, proof of delivery, bill of lading have to manually collected by analysts from multiple sources and upload individually into the portal for every single claim.
  3. Information key-in Information related to each dispute has to be painstakingly keyed into the portal. Given the large claim volumes, this could delay raising disputes significantly.
  4. Manual correspondence Every time there is an invalid dispute, analysts have to manually type and send the denial correspondence with relevant documents attached, such as claims, POD, BOL, to Amazon.
  5. Non-standardized cross-team collaboration Given that disputes involve teams from multiple departments, including cash allocation, collections (if handled separately), logistics, sales, and supply chain, analysts often end up wasting time in coordination instead of actual dispute research. As a result, dispute resolution:
    Turns Highly Manual
  • Adds little value
  • Turns Time consuming
  • Misfires on Metrics

Why not let robots do these menial tasks?

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HighRadius Integrated Receivables Software Platform is the world's only end-to-end accounts receivable software platform to lower DSO and bad-debt, automate cash posting, speed-up collections, and dispute resolution, and improve team productivity. It leverages RivanaTM Artificial Intelligence for Accounts Receivable to convert receivables faster and more effectively by using machine learning for accurate decision making across both credit and receivable processes and also enables suppliers to digitally connect with buyers via the radiusOneTM network, closing the loop from the supplier accounts receivable process to the buyer accounts payable process. Integrated Receivables have been divided into 6 distinct applications: Credit Software, EIPP Software, Cash Application Software, Deductions Software, Collections Software, and ERP Payment Gateway - covering the entire gamut of credit-to-cash.