Integrated Receivables Cloud Platform
Automatic Trade Promotion Settlement
Save analysts' time by auto-resolving all trade deductions while seamlessly integrating with your TPM systems including Vistex, SAP, and Accenture CAS.
Get Your Free Demo
SAY GOODBYE TO MANUAL WORK FOR TRADE PROMOTION SETTLEMENT
Straight-through elimination of 50% of deductions from your workist
Re-allocate resources to work on non-trade deductions, credit management, or collections while the majority of your trade deductions are automatically settled.
Seamless integration with your Trade Promotion Management system
Recover the manual effort previously required to extract information from the commonly used Trade Promotion Management systems such as Vistex, SAP, and Accenture CAS.
Faster resolution with a single-source-of-truth to all stakeholders
Eliminate the need to toggle between ERPs, Trade Promotion Management systems, and deduction management systems by proactively making all the information available in one stop.
There’s no time like the present
Get a Live Demo of Deduction Cloud for Your Business.
Five steps to automate trade promotion deductions settlement
Capture line-item Information from customer claim documents
The solution automatically captures deduction line-item information that consists of product or SKU level data from customers' claim documents while maintaining a repository of these documents.
Cross-reference item numbers for verification
Item numbers are cross-referenced and verified while the system identifies the accurate product category based on the SKU level information aggregated from the claim document.
Roll up line items to the right product hierarchy/product category
The solution automatically groups line items based on the product category identified from SKU data with the resolution amount rolled up accordingly.
Match deduction line items with trade promotion programs
The grouped deduction line-items are automatically matched with corresponding trade-promotion programs aggregated from the Trade Promotion Management systems based on predefined configuration.
Resolve upon analyst approval or automatically based on requirement
The deduction can be resolved by the initial analyst, another analyst assigned to the task, or automatically based on predefined rules.
This is Why A/R Teams Love Us
ROI on Automation
McCormick's deduction team was able to successfully automate 164,000 deductions a year, out of which 80% were trade deductions.
The deductions team at Hormel handling trade deductions were able to reduce their average time to resolve a deduction by 44%, going all the way from sixteen days before to just nine now.
There's more to Deductions Cloud
Streamlining Deductions Operations: A Primer to Resolving Deductions 2x Faster
The Deductions Maturity Model
Datasheet : Deductions Cloud
HighRadius's Award-winning Accounts Receivables Automation Software powers 400+ Fortune 1000 industry leaders who have optimized their Order-to-Cash process across Credit, Collections, Cash Application, Deductions, Billing & Payments. Highradius™ Autonomous Receivables, comprising of Integrated Receivables™, Rivana™ and Freeda™, uses AI-powered technology and digital assistants to improve your Receivables Management beyond best-in-class industry benchmarks.