Maintain your profit margins and take control of contracts & chargebacks.
Time pressures, high transaction volumes and stringent data accuracy requirements can make it extremely difficult for manufacturers to manage chargebacks – especially if you’re a small- or mid-size manufacturer working with Group Purchasing Organization (GPO) contracts. This optional Ross ERP module for the United States addresses key challenges, including data volumes, non-standard pricing, management fees and rebates, and regulatory compliance.
When each un-validated chargeback erodes your margin and quickly leads to significant financial losses, the stakes are high. By automating the chargeback validation process and maintaining up-to-date information on contracts, prices, and memberships, manufacturers can ensure that only valid credits are authorized and processed – reducing labor volume and unauthorized deductions.
Solutions Datasheet: Contracts & Chargebacks
Key Features:
- Automated Chargeback Validation
- Contracts
- Prices
- Memberships
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- Management Fees and Rebates
- Non-standard Pricing
- Standard EDI Transactions
- Reporting and Analysis
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Here’s what CDC Contracts & Chargebacks can do for you:
Automated solutions
Effective contract management, up-to-date memberships and pricing, automatic chargeback validation, automated updates to AR and GL, plus automatic fee and rebate accruals.
Smart Functionality and Analysis
Standard EDI transactions (844, 845, 849), plus fee and rebate payment validations. Comprehensive reporting and analysis, including Medicare and Medicaid reporting.
