Account
Review™ gives you the ability to make
settlement requests from within the same
software tool that you use to manage all
other aspects of trade promotion spending.
We electronically and automatically feed the
settlement request to your ERP’s A/P module
where the check will be generated.
Making the settlement
request in Account Review™ is not only easy
and time-saving for the end-user, it also
creates the underlying data that supports
accurate customer P&Ls, accurate projections
of trade spending liability, and the
prevention of double settlements or
deductions for the same retail activity.
Simple and
Easy-to-Use
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Configurable email alerts and
automated work flow keep you in the
loop and ahead of payment and
settlement issues |
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Electronic access eliminates paper
payment request forms |
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All
promotion plan elements are
automatically linked to the payment
request, saving time and reducing
data-entry errors |
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Make
payment request to both direct and
indirect accounts |
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Configurable settlement requests to
adapt to the way you plan and make
trade promotion settlements |
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Easily
allocate lump-sum settlements across
all products within a planned event |
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After
approval, settlement requests are
automatically exported to internal
accounting systems |
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All the Features You Expect & More
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Built-in work-flow ensures everyone
has the same data |
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Validation of data minimizes data
entry errors |
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Business rules are applied
before the payment request
can be submitted for approval |
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Ability to delete or reverse
settlement requests, as appropriate
for the user’s authorizations rights
and the payment status |
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Approval levels and amounts are
configurable by settlement type |
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Export
reports directly into Microsoft
Excel or create PDFs for additional
flexibility |
Better
documentation
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Keep
track of settlement activity and
changes in adhering to governmental
regulations such as Sarbanes Oxley |
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Business process correctly expenses
the settlement with the correct
promotional event for more accurate
customer and product P&Ls |
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HTML
Link of proof-of-performance and
other electronic documentation |
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All
work flow tasks, changes and
activities are logged by user ID,
date and time stamp |
Prevent Over-Settlements
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Prevent “double-dipping” since
settlement requests are also linked
with resolved deductions in a
closed-loop TPM system. For
example, duplicate reference numbers
are automatically flagged for
review |
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Field
users have up-to-date information,
including check number and check
status |
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Real-time spending information and
projected liability provides a
complete view of the financial
situation for every event by
customer and product |
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Electronic work flow closes events
after final settlement, preventing
non-valid settlement requests from
being expensed to the wrong event |
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