Inovis Deduction Management for Retailers

Inovis Deductions Management is an online service that automates a retailer's vendor deduction program, helping organizations increase the recovery of possible deductions while reducing the need for time-consuming research.

By automatically validating electronic transactions against compliance guides, Inovis Deductions Management triggers compliance items, associates them with root-cause data and tracks issues through the lifecycle.

For retailers, identifying and processing vendor deductions is often a complex, manual process due to the variety of trading partner connections, data complexity and frequency of change. As a result, some retailers can only identify and capture 60% of possible deductions, unable to recover the costs incurred from these transaction errors, including missing notifications and mismatched order quantities.

Inovis Deduction Management is part of the Partner Performance Management suite, combining with three other modules (Operations Support, Deductions Management and Scorecarding) to provide a complete vendor management solution.

Inovis Deduction Management can help you to:

• Model your exact compliance guide, integrating specific business rules for deduction amounts.
• Trigger and track deduction items, with drill-down access to root-cause data.
• Collaborate with partners by viewing shared transaction data, shortening research and negotiation processes.
• Create and distribute dashboards and reports to team members.