Automated Pricing Deductions Research for Faster Resolution
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Deductions Software

Pricing Deductions Research Automation

Identify pricing deductions by auto-extracting POD, claim backup documents, and perform a three-way match with the invoice data and the claim data.

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AI-Based Credit Management Software

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Resolve Pricing Deductions Faster

Identify pricing deductions by auto-extracting POD, claim backup documents, and perform a three-way match with the invoice data and the claim data.

Claim Backup Automation

  • Automatically aggregate the claim documents from the customer web portal and emails which consists of the discounted pricing details claimed by the customer
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Data capture from Invoice copies

  • Automatically capture the details present in the invoice copy to understand what was quoted to the customer.

Interdepartmental Workflow

  • Better internal team collaboration to research whether a discounted price was committed to the customer or not.
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Auto-Matching and Variance Analysis

  • Automatically perform a matching exercise, on the backup documents aggregated, to validate whether there is a difference between what was invoiced vs. what was communicated to the customer.

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Frequently Asked Questions

Our Deductions management software can handle all types of disputes- trade promotions, short payments, overpayments, etc.

How will the HighRadius Deductions Management Software pull open deductions from our system?

The connectors in our software are configured in the way that they would only be pulling out specific fields like credit memos, open deductions or open negative line items.

How is the worklist prioritization done? Can we customize it?

Yes, you can customize each criteria for a rule and qualifying criteria for each customer. So, you can choose the amount after which a deduction will be flagged as high priority and the amount at which it can be a write-off.

Security is of paramount importance to each of our customers as it is to us. We are SSAE16 Soc I Type II certified, PCI-DSS Compliant and CSA Registered. We strictly follow all Industry standards and best practices.

Aggregation of the backup documents, AI-based automated research, trigger-based approval engine to handle all resolution approvals and automated correspondence which is configured based on resolution and status of a deduction.