Big-Box Store Distributors Catch Up On Years Of Deduction Claim Backlog Using Automation, and Continue To Process Up To 1,500 Deductions A Month
iNymbus today released a Case Study for Suppliers and Distributors detailing how two distributors fed up with endless retailer deductions, fought them with automation and started increasing their profits.
SANTA MONICA, Calif., Jan. 30, 2019 /PRNewswire-PRWeb/ -- iNymbus today released a special case study for Suppliers and Distributors entitled 'Stop Battling Walmart Deductions, Start Increasing Your Profits', describing the issues with retailer deduction dispute processes, and detailing how multiple distributors overcame mountains of deductions using cloud robotic automation.
Many big-box store suppliers and distributors can relate to the overwhelm of retailer deductions. From the resources it takes to handle the sheer volume, to the lost profits in unrecovered claims, deductions have long posed a major problem.
"Unfortunately many big-box store Suppliers and Distributors are unable to keep up with the quantity of deductions that constantly stream in," said Sreedhar Narahari, CEO of iNymbus and creator of DeductionsXChange. "They come to us completely overwhelmed and literally running years behind on disputing these deductions, because they're trying to do so manually. It's nearly an impossible task."
The high deduction volume big-box store Suppliers and Distributors experience commonly result in hiring temporary employees, costing money, wasting time, and causing frustration. Distributors have found it takes seven to fifteen minutes to manually dispute a single deduction, and it simply does not make sense to process them by hand.
The iNymbus Case Study identifies how two distributors nearly immobilized by retailer deductions, were able to catch up in just weeks, and continue to process up to 1,500 deductions per month, all automatically. This technology is accessible to every big-box store Supplier or Distributor. Please view our Case Study for more information.
Get the FREE iNymbus case study to learn how to stop battling retailer deductions, and start increasing your profits.
About iNymbus DeductionsXchange
iNymbus DeductionsXchange resolves and disputes deductions and chargebacks automatically, while increasing speed and efficiency by 30X. DeductionsXchange introduces cloud robotic automation to the process of uploading denied claim packets to retail vendor portals and submits disputes on the customer's behalf. Not only are processing costs reduced dramatically via elimination of manual labor, sales are increased by enabling companies to take back revenue from previously invalid and undisputed chargebacks and deductions.
About iNymbus
iNymbus creates cloud-based, back-office solutions designed to automate resource-heavy, finance processes, thereby increasing its clients operating efficiencies. Serving both Equipment Manufacturers and CPG companies, iNymbus solutions leverage the SaaS model and are platform agnostic. This means they can be implemented into existing, company platforms free of capital, infrastructure, and maintenance investments.
SOURCE iNymbus
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