Contract management is a complex, time intensive, error prone process that can lead
to lost revenue and strained trading partner relationships. The volume of information
needed to validate deviated billback claims and insufficient processes to handle
the data leads to inaccurate payments against claims. The time spent negotiating,
tracking, reporting, paying, and reconciling differences detracts directly from
business-building activities.
ITN's collaborative contract manager solution allows distributors to communicate,
synchronize and validate contract terms and associated proof of performance/invoices
with their operator customers to:
- Increase claim accuracy and improve speed of payment
- Reduce administrative overhead
- Reduce errors, disputes and reconciliation time
- Focus interactions with buyers on growing the business, not disputing claims