Account Review™ gives you the ability to make payment requests from within the same software tool that you use to mange all other aspects of trade promotion spending. We electronically and automatically feed the payment request to your ERP’s A/P module where the check will be generated.
Making the payment 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 payments 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 payment requests to adapt to the way you plan and make trade promotion payments. |
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Easily allocate lump-sum payments across all products within a planned event |
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After approval, payment 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 payment requests, as appropriate for the user’s authorizations rights and the payment status |
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Approval levels and amounts are configurable by payment 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 payment activity and changes in adhering to governmental regulations such as Sarbanes Oxley |
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Business process correctly expenses the payment 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-Payments |
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Prevent “double-dipping” since payment 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 payment, preventing non-valid settlement requests from being expensed to the wrong event. |
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