Disputes are a part of life and processing them takes away a huge chunk of manpower and time. But things get complicated manifold when you have to adopt a complex workflow just for handling deductions from only one customer ? Amazon. Amazon has ties with quite a number of vendors. However, the Amazon Vendor Central is a nightmare for deductions analysts because of its cumbersome processes for resolving disputes.
Why do they happen
“86% of companies said that shortage deductions have increased in the past 6 months ? Amazon Deduction Issues/Findings, Attain Consulting Group”
How they are currently resolved
How does Automation help
Why do they happen
“65% of vendors said that they experience pricing challenges with Amazon† ? Amazon Deduction Issues/Findings, Attain Consulting Group”
How they are currently resolved
How does Automation help
Why do they happen How they are currently resolved
How does Automation help
Why do they happen Amazon will review your performance from the prior six weeks and issue Amazon Vendor chargeback fees based on the following criteria:
How does Automation help Audit trail
Auto- compliance
Why auto-resolve disputes?
What Robots can do?
HighRadius Deductions Software acts as a powerhouse for proactive deduction management to prevent bottom-line erosion. It provides automation, process standardization, and a platform for cross-departmental and customer collaboration. It supports deduction management by providing some key features like back-up document capture which captures deduction data from customers and supplies the information required for resolution; auto-capture proofs of delivery (PODs), bills of lading (BOLs) from carrier portals & emails; structured deduction resolution, collaboration & approval workflows to streamline the communication and approval process; along with automatic deduction correspondence, and automatic data push to customer portals. The result is a proactive deduction management operation that recovers revenue normally lost to invalid deductions.