In the absence of a central repository for contract terms, executing key programs becomes open to interpretation and can become time consuming, error prone and difficult to administer for all trading partners involved. Incorrect payment against these agreements can take many months to collect due to the highly complex reconciliation process between sales performance data and the contract terms.
ITN's collaborative Contract Management solution provides electronic communication, validation and synchronization of contract and performance data among operators, manufacturers, distributors, and brokers resulting in:
- Reduced payment time and increased payment accuracy
- Reduced administrative costs on rebates, billbacks and programs
- Fewer disputes and faster resolution
Contact us
To find out what we can do for your business, contact your nearest office by clicking here.