Protect your company’s reputation and revenue from the first time you engage with a supplier and throughout the supplier lifecycle.
Everyday, your management systems collect tons of useful information on orders, inventory, invoices and more. But are you using it to stop claims from happening?
Not a lot of room for profit erosion, and retail merchandise claims chip away every day.
Another 26% are ambiguous or somewhat negative about their supply chains. Disruptions in shipping lanes, geopolitical and economic pressures challenge retailers. Claims make matters worse.
How many millions in claims that your auditors keep charging you for could be eliminated?
Vendor funding not received correctly? Freight payment exceptions? Messy reconciliation of excessive defectives? Goods receipt payment mistakes?
These are just a few common claim types that can be fixed through process changes and collaboration.
Why wait until post-audit when you can benefit from the time value of money right now?
For one of the largest retailers in the world, we eliminated a hundred million in claims. The merchants are happier. The suppliers are happier. Finance is a hero.
Work with merchants to make a correction before the defective transaction completes.
Analyzes data across the entire vendor and item population to determine a claim likelihood score.
Data analytics use the decision tree model to predict when a claim will happen based on tens of thousands of decisions points.
Our software takes data in from all data sets – payments, sales, orders, invoices, inventory - and visualizes them in a graph to see the peaks and valleys. See a dip in profit margin? Drill-down into that dip to identify claims in those transactions.
Visualization makes the data more natural for the human mind to comprehend and therefore makes it easier to identify trends, patterns, and outliers within large data sets.
Audit services and technology look into your non-merchandise transactions and more.
People empowered with technology find more statement and duplicate recoveries in your non-merchandise payments.
The goods-not-for-resale version of your merchandise audit. We look for payments non-compliant with contract terms.
Even with tax sofware, we find sale and use tax overpayments
A single, central supplier hub for every supplier, all of your policies and integration with 100% of your source-to-pay systems.
The fastest way to validate and enrich your third-party data with APIs tapping 1,000 trusted data sources and 250M+ company golden records.
Catastrophic disruptions caused by supplier fraud and risk could happen anytime, to any business. Protect yourself with proactive supplier risk management technology.
More insights. More expertise. More supplier intelligence. More recoveries than any other provider in the world.
Hundreds of product overviews, reports, customer-led webinars and on-demand product demos.
Find out how we can start changing the way you think about merchandise recovery audit.