Trade Revenue Management software to validate and reconcile accruals, claims and deductions.
Here's why you need Flintfox for Claims & Deductions
Accounting for your organisation’s Trade Revenue requires a systematic method for creation and calculation of accruals. With many ERP and accounting systems, significant manual processing is often the reality and pricing accuracy is often a dream. Let us in! With Flintfox, you'll discover highly flexible and automated accrual and settlement facilities, meaning up to datefinancial data and accurate reconciliation of claims, deductions and rebates.
Plug revenue leakage and improve your bottom line. With Flintfox, you'll be able to quickly reconcile short payments, manage by exception and get better margin visibility.
Automated processing of accruals
Say goodbye to end of month headaches! Recognise expenses and revenue as they occur, and then sit back and watch end of period processing reduce via automated accrual processing facilities.
Automated claims settlements
Accuracy and efficiency gains galore! Automate your claims settlements with ease for any customer, vendor, or commission program on any frequency, whether weekly, monthly or annually.
Flexible settlement options
Do what works for your business. Settle 'after the fact' activities such Customer and Vendor Rebates or chargebacks through accounts payable or accounts receivable.
Need integration of your General Ledger data? Our unlimited pricing and accrual categories with general ledger posting parameters, means flexible financial reporting options.
Flexible financial adjustments
Want to reduce the amount your customer pays? Create or adjust your trade agreements with the flexibility of fully configurable, date based financial adjustments to retrospective line level invoice transactions.
Flintfox claims and deductions software screenshot
“No longer do we have ad hoc processes driven by people and spreadsheets, we now have a structured process for price changes, for OI promotional spend, and for claims and deductions.”
Steve Maclean - Chief Financial Officer, Tasti Products
How can you develop a sound TRM strategy?
Our easy to read eBook offers advice on how you can develop Price and Rebate Management strategies for profit.
Helpful resources
If you've read this far, you'll want to check out these resources on Claims and Deductions.
Blog 6 simple ways to avoid dubious customer deductions
