How adidas Achieved a 92% Reduction in Manual Work to Pull Deductions Backup and Lowered Deduction Cycle Time by 5 Days

MessageThis Webinar is over
Date Sep 18, 2014
Time 1:00pm CDT
Cost Free
Online
Consumer Product Goods (CPG) Manufacturers today are challenged with processing claims from a large number of customers.  In the absence of automation, the very task of collecting deduction backup and supporting documentation (PODs, deal sheets, BOL, etc.) is a manual, inefficient effort that requires team members to spend time on low-value, frustrating tasks.  The manual and slow nature of the work makes it difficult to quickly research, process, and clear deductions leading to increased Days Deductions Outstanding (DDO).

Learn how adidas leveraged innovative technology to automate the retrieval of claim backup and supporting documentation in order to maximize team member efficiency and focus on high-value activities.

Hear Frank Sebastian, Director of A/R – Credit & Collections at SLD, the adidas Group, discuss how they were able to:
  • Automate claims and POD collection to realize 92% labor savings
  • Automate linking of claims to PODs to expedite shortage deduction research
  • Speed-up deduction resolution and reduce DDO by 5 days
  • Re-allocate resources to higher value-added activities
  • Enable growth without growing their department team
  • Achieve ROI payback in less than 3 months with little to no IT involvement

Date: Thursday, September 18th
Time: 1:00pm - 2:00pm CST
Cost: Complimentary
Speakers:
  • Frank Sebastian, Director of A/R - Credit & Collections, the adidas Group
  • Cristin Marshall, Project Coordinator, the adidas Group
  • Jay Tchakarov, Director of Product Management, HighRadius
Learn how to effectively automate deduction research today!

 


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