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.

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Automatic Trade Promotion Settlement solutions diagram

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.

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

HighRadius Customer: McCormick
ROI on Automation : McCormick's deduction team was able to successfully automate 164,000 deductions a year, out of which 80% were trade deductions.
HighRadius Customer: Reckitt Benckiser
Accuracy : Reckitt Benckiser's deduction team was able to reduce their average days to resolve deductions by 77%.

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Resources

EBOOK

Streamlining Deductions Operations: A Primer to Resolving Deductions 2x Faster
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DATASHEET

Datasheet : Deductions Cloud
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CASE STUDY

How Danone Automated Deductions Operations and Reduced DDO by 25 Days
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