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Bottom Line:
Improve DSO
Increase $ Recoveries
Reduce Write-offs
Reduce Cycle Time
Increase Collections
Increase Visibility
Track Root-cause
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A/R Deduction Management
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At A Glance
Fully Integrated with Host
Process Management
Collaboration
Document Management
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Compressing the settlement cycle through Internet-based Collaboration!
This e-Process Management application provides the following:
- Business rules associated with deduction type, reason, and dollars determine the validation path (work flow).
- Shortage, pricing, discount, rebate, return, and damage
- The workflow includes research events and approval events.
- Auto-generation of follow-up reminders
- Escalation for items that remain open over a predetermined time limit
- Share Documents & Information - Paperless View
- Automate charge-back notice and credit memo
- Message Center & Collaboration History
- Capture resolution time and recovered dollars
- Continuous Process Improvement via Process Monitoring & Dashboard
Deduction Management Workflow drives the resolution of deductions in a timely manner.
The process is triggered when a specific transaction and reason code are selected on the host.
In each step of the workflow, the application provides the ability to add and/or view
all documents necessary to resolve the deduction.
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