Learn how your company’s profit margin is under attack from deductions (aka chargebacks or short payments) taken by your customers. Learn the actions you can take to defend your margins from this “under-the-radar” erosion of profit.
This video will focus on:
- The Threat to Profitability: The causes of deductions, common types, their impact on the Profit & Loss statement, and why they cannot be ignore
- The Realities of Processing Deductions: High volumes, low proportional and absolute yields, potential for incurring high cost, and pre-empting time from sales, customer service, and credit & collections
- How to Defend Your Company: Best practice process, automation featuring AI powered digital assistants, policy, metrics, and “education” of customers
