Live Session: Automation Is Revolutionizing the Rebate Claims Process for Consumer Products Manufacturers
Learn the challenges, the process and how SAP Intelligent Trade Claims Management adds intelligent automation to help CP companies improve their trade claims processing efficiency.
Register Wednesday, December 8th, 2021 11:00 AM – 12:00 PM ((UTC-05:00) Eastern Time (US & Canada))
Trade promotions are an essential part of the sales process for consumer product goods companies. Promotions are used to uplift sales volume, increase revenue and profitability and to work co-operatively with retail partners. Once a promotion has executed, the CP company receives a rebate claim for the promotion from the retail partner.
eProcessing trade claims has historically been a manual, labor intensive task requiring claims analysts to research each claim, the find promotional agreements and check compliance with terms, to resolve disputes and collaborate with the key account managers, sales teams and retail partners.
SAP has created an innovative solution with SAP Intelligent Trade Claims Management that helps CPG companies use automation to reduce the manual effort involved. Using AI & machine learning to match received claims with promotional agreements and support the process with a single source of truth and central point for claim collaboration and approval. This reduces the cost to process each claim, accelerates the process to help reduce the days deductions outstanding and improves balance sheet flexibility, cash-flow efficiency and reduces claim write-offs.
You will find more enablement, courses and interesting live sessions on the RISE with SAP for Consumer Products Learning Journey.