Financial Management
"e-Claims enables Heinz to have access to detail data that were previously unavailable. The information allows Heinz to drive reduction in unsaleables, decrease resolution time, and increase customer collaboration opportunities."
Gene Schachte
Sr. Manager, Reverse Logistics
H.J. Heinz Company
Every returned product situation involves a policy, a credit, a debit, a variance and a deduction/chargeback, not necessarily in that order. Our Financial Transaction solution set for reverse logistics utilizes combinations several resources to develop, manage and settle the financial debit/credit scenario between manufacturers and retailer/wholesalers with a focus on decreasing the overall time frame between the debit and credit reconciliation.
Our reverse logistics financial transaction management solutions include:
- Policy Development - A full assessment of reverse logistics policy options, including benchmarking against industry peers
- Invoice Creation - Returned goods invoice creation based on returns processing - available to vendors electronically via on-line system
- Claims Processing - Electronic processing of returned goods claims from returns centers, retail stores, military outlets, Canada, etc.
- Check Writing - Controlled process for check issuance with options for Electronic Funds Transfer for trade returns or recalls
If you would like more information about our reverse logistics financial management solutions, please contact us.