Trade Promotion Settlement Software

Streamline Trade Promotion Management (TPM) with Automated Settlement Solutions

Whether you call it Trade Promotion Management (TPM), Trade Promotion Optimization (TPO), or Revenue Growth Management (RGM), the settlement process is fundamental to ensure accurate financial transactions and foster healthy partnerships.

Trade promotion deductions and allowances are especially critical when selling through retailers and distributors - significantly impacting the cost of sales. These programs create pressure on organizations to meticulously track and authorize the allocation of funds as trade deductions, off-invoice allowances, and billbacks by their customers.

Common challenges:

Sales and finance teams lose time validating trade deductions
Delayed actions drive higher aging on inaccurate deductions
Inevitable write offs from poor data and manual overloads is bad for business

TRUSTED PARTNERSHIPS IN DEDUCTION AUTOMATION

Replace your cumbersome, manual Trade Promotion Management processes

Carixa utilizes Robotic Process Automation (RPA) to accurately support customer claims. Furthermore, it pinpoints deal non-performance and helps recapture trade promotion deduction errors that can drain your profits.

Easy to create or sync with your current deals and funds
Accrue the trade deductions and claims automatically
Extract your customer deductions from any source
Match, settle and close on the GL and adjust funds
Push to collection and dispute workflows

Carixa eliminates the drudgery of extracting data, validating and writing off what is good while leaving you only the true exceptions to negotiate.

Overview

Features

Benefits

Settlement Automation for Trade Promotion Management

Trade promotion deductions are a game of validation that often involve drudgery. However, with the increasing digitization of the enterprise, it's become easy to use robotics to read remittances and automatically reconcile them against planned or accrued trade deductions. With Carixa Trade Promotion Management Settlement software, businesses can efficiently manage their trade promotions, improve financial accuracy, and foster stronger partnerships with their customers.

Features of Settlement Automation Software for Trade Promotion Management

Carixa can serve as the source for creating Promotion and Deal templates to support both Fixed and Tiered Volume programs
Promotion and Deal approval workflows allowing for collaboration throughout the organization
Real-time balance tracking of deals with accrual balances
Simplify the deduction validation and reconciliation against deals
Collaborate easily with one-click escalation to management, brokers, and sales
Automatic chargeback creation and customer notification of unapproved or excessive deductions, based on your rules

Benefits of Settlement Automation Software for Trade Promotion Management

Integration with an external TPM system - let Carixa serve as your deduction validation & settlement engine
Auditable approvals workflow with financial and policy controls
Promotion spend vs. planned spending, with built-in notifications
Accurate insights into the financial performance profitability of each customer - visibility into year-to-date, accrual, and usage forecasting

Product Details

Carixa’s integrated trade promotion settlement engine is an end-to-end streamlined SaaS system.

Carixa includes deal templates, approvals, fund accrual accounting, automated settlement, claim validation, deduction matching, and the workflow for a complete Revenue Growth Management solution.

Use customizable deal templates with workflow for collaboration and role-based approvals with our trade promotion settlement software
Track fund/deal accrual balances and have a detailed audit trail of all transactions
Validate deductions against deals and sales invoices
Initiate credits, expense entries, and bill back excessive claims
Use integrated Deduction Management workflow to resolve disputes and recapture excessive deductions
Have both detailed and top-level views of your programs, in-system messaging, and multi-level approvals.

Solutions

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