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.
Why do they happen
“86% of companies said that shortage deductions have increased in the past 6 months ? Amazon Deduction Issues/Findings, Attain Consulting Group”
How they are currently resolved
How does Automation help
Why do they happen
“65% of vendors said that they experience pricing challenges with Amazon† ? Amazon Deduction Issues/Findings, Attain Consulting Group”
How they are currently resolved
How does Automation help
Why do they happen How they are currently resolved
How does Automation help
Why do they happen Amazon will review your performance from the prior six weeks and issue Amazon Vendor chargeback fees based on the following criteria:
How does Automation help Audit trail
Auto- compliance
Why auto-resolve disputes?
What Robots can do?
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.