Deduction Fundamentals – This Attain Academy seminar shares tips & strategies on increasing cash flow by preventing and controlling deductions & chargebacks. An overview of deduction processes and enabling technologies as well as best practices in areas such as developing effective reason codes, managing retail compliance information, cross-functional cooperation, and managing post-audit claims will be reviewed. This seminar addresses the difference between various types of deductions, including their impact on profitability and strategies to resolve them. Provides tips for team-building, gaining management support and understanding, and ensuring continuous improvement. Includes suggestions for increasing visibility, accountability and control over deductions within the company.
Related Sessions:
Developing a Deduction Improvement Roadmap
Developing a Deduction Policies & Procedures Manual
Research Strategies by Reason Code