Recover Deduction Profit and Revenue Leakage

Profit leakages abound in your invoice to payment cycle from incorrect retailer and distributor customer deductions, with losses are even higher with offshored deduction processing. So why are we more effective?

Our Deduction Profit Recovery team identifies and recovers invalid customer deductions for found money directly to your bottom line, including trade allowances, discounts, pricing, returns, and shortages. As a result, we have collected tens of millions of dollars for our clients.

Our multi-variable and sequential matching and reconciliation system can match-reconcile transactions on any scale, even millions of transactions.

We also provide a Management Report with root causes and improvement opportunities to solve chronic deduction problems.

Smyyth Deduction Audit Chart

Proprietary Audit & Recovery Software

We use data from all sources, and automatically reconcile billing, payments, credits, debit memos, returns, trade deals, etc.., to SKU and NDC levels.

Experience

We have decades and tens of millions of dollars of experience, customer knowledge, trends, and issues, and a proven methodology that gets results.

Focus &  Speed

We act fast with focus so that the recovery opportunities do not get stale, and we assist by identifying the root causes of systemic deduction problems.

No Disruption to Operations

Our deduction recovery programs are seamlessly executed, with outstanding customer service, and no disruption to your operations.

Guaranty of Profit Recovery or No Cost

Our fees are 100% success-based, so there is no cost unless we get money back for you. Plus we report on root causes!

Areas for Deduction Audit & Recovery

 

Deduction Profit Recovery. Unresolved backlogs of customer deductions and chargebacks, credits, and debits are directly hit profits.  We analyze, resolve, and recover what would otherwise be lost profits.

Returns Reconciliation. Returns discrepancies are a huge profit loss, and our software reconciles them to SKU and NDC levels.

Retail Post-Audits. Post-audit deductions initiated by accounts payable auditors are frequently in error - often 50% wrong - but extremely complex and time-consuming to analyze. Our software enables us to track and audit these claims and recover excessive claims.

Offshore BPO Revenue Leakage. Offshore BPO for F&A often includes receivables and deduction management.  Deductions are complex, and frequently the loss in recoveries is very significant. We follow through to make sure all incorrect deductions are recovered.

Accounts Receivable Write-offs Audited. Before you write off receivables, we will audit them to ensure that none slip through the cracks.

Product Recalls. A pharmaceutical company issues a recall and returns are 30% higher than expected. Our audit determined that $17 million did not agree with date and code parameters, and the money was recovered to the bottom line.

Volume Rebates. Without our special technology, distributor rebate verification can be impossible because of the hundreds or thousands of line items involved.

Unearned Discounts. Discounts are taken by customers whether earned or not, and we reconcile and recover them when incorrect.

Ready to find out more?

Drop us a line today to arrange a no-obligation review!