Phoenix, AZ (PRWEB) November 26, 2013
Manthan Systems, the global leader in business intelligence (BI) and analytics solutions for retailers, is pleased to announce the extension of its ARC Vendor Link solution to include support for trade promotions with the ARC Supplier Funding Management module. ARC Vendor Link is an analytics-based retailer and supplier collaboration solution that enables retailers to manage the complete procure-to-pay lifecycle, from data sharing and purchase order management through invoice reconciliation and vendor performance management with interactive scorecards.
“Many retailers are losing millions of dollars each year as a result of manual deal tracking,” said Krishna Srinivasan, VP at Manthan Systems. “ARC Vendor Link, with its new Supplier Funding Management module, will provide the visibility required to make sure that retailers collect all supplier trade funds earned in a timely fashion.”
ARC Supplier Funding Management enables retailers to streamline the typical, often laborious, trade promotion management process with the implementation of secure collaboration protocols to eliminate the need for paper, email and fax-based communications processes. Retailers can collect supplier deal information via the cloud-based portal. This portal is capable of passing information to authorized downstream systems to eliminate the need for duplicate manual data entry. Without ARC Deal Management, users may be required to manually enter data into multiple transaction systems, which may lead to possible errors. Instead, the portal serves as the central repository, which leads to a ‘single version of the truth’ for all vendor communications and agreements. With real-time data support and reporting, retailers can share information immediately with suppliers to provoke a more timely release of trade promotion reserve funds. In addition, ARC Supplier Funding Management supports supplier invoicing via the portal with capabilities to actively match invoices to deals already agreed and accepted.
Additional ARC Supplier Funding Management features include:
- Exception management and alerts regarding upcoming deal information on products
- Deal opportunity calculation, current and retrospective, to reduce lost funding opportunities
- Seamless data flow with existing trade promotions systems to eliminate manual intervention
Manthan will be showcasing ARC Supplier Funding Management functionality in addition to other ARC solutions at Booth #2775 at the upcoming NRF 103rd Annual Convention and Expo in New York City, New York, January 12-15, 2014. To schedule an appointment at the NRF Convention or to see ARC Vendor Link in action, please contact the company directly.
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About Manthan Systems
Manthan serves as the Chief Analytics Officer for retailers worldwide.
With its portfolio of analytics products and solutions, Manthan helps its customers derive competitive advantage through data-driven decisions. Over 100 retailers in 18 countries use Manthan’s predictive and guided analytics, pre-built and flexible dashboards, and dynamic reporting with complete mobile enablement every day. The company provides the only retail solution to support the entire decision-making lifecycle, from inquiry through action.
Manthan is the largest organization solely committed to delivering best-in-class retail BI solutions with over 700 employees in five countries. For more information, please visit http://www.manthansystems.com.
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