Ensure Your Supplier Claims Are Resolved!
One of the most exciting features of Instant Retail Accounts is the fantastic Supplier Recon Manager module. This module allows both the Spar DC /Warehouse and Drop-Shipment statements to be uploaded electronically into the module and automatically reconciled against the Sigma GRV transactions that have been brought into Sage Evolution daily by the B2B Gateway module. Statement items that can be found within the GRV transactions are reconciled and show a tick next to the transaction. The module’s powerful matching mechanism reconciles the statement transactions to the GRV transaction by Date, Reference, Description and Amount. To view items that the Recon Manager cannot find within the GRV transactions you can simply sort by all un-ticked items and, at the click of a button, add those transactions to the Balancing Items screen. Items that you add to the balancing items screen are the transactions that you wish to dispute with DC or the relevant supplier.
But There Is More!
It is clear how the Supplier Recon Manager module enables you to reduce the time spent on statement reconciliations from days to hours but another benefit retailers often don’t immediately recognise is how the solution empowers you to easily track and manage supplier claims. By having a utility that allows you to keep track of outstanding statement claims, you can ensure these claims are chased up and resolved – ensuring your money is returned to your bank account! This is where the Supplier Recon Manager module excels – all items added as disputes are added to the Historical Screen where a user can view all the previous claims raised against that supplier. If a GRV is captured late the item can quickly be reconciled against the statement transaction claim and is removed from the Historical Screen. At any time you can quickly pull a report detailing all outstanding claims with a supplier – have invaluable accounting controls only with Instant Retail Accounts.
View The Drop-Shipment Recon Process Demo Video Below
Want to ensure your claims are resolved?
Click the button below to contact us for an individual demo!
