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Front and back

Vistex provides the ability to automate the front and back end of your volume validation processes reducing the need for manual intervention and administrative support in 4 key areas.

Back-end validation to recoup margin

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Volume validation compliance 
 
By automating the contract volume incentive validation process, Vistex can help you retain the historic volume purchased and align it with the contract volume incentive conditions. You can then determine if the price on the purchase order has met the volume contract conditions for the off-invoice allowance.

Chargeback/accrual accuracy

Software providers are just starting to catch up with integration technology for contract/volume complexity. However, with Vistex, you’ll not only get the technology built on best practices that you need but you will also get the added value of 25 years of expertise in foodservice, specifically:

Established methodology and flexible integration

Flexibility configuration of rules and alerts

Exception-based reporting and alerts

Front end validation to prevent margin erosion

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Chargeback settlement reconciliation

Vistex solutions automate settlement validation by providing you with the ability to configure contract validation rules so that a claim can be processed and validated without manual intervention. Claims and settlements that fail the validation process are then automatically routed to the appropriate area for review, significantly reducing administrative tasks. This reduces manual errors in the validation process and helps you better manage the repayment process of chargebacks to your distributors and vendors.

Claim volume and reconciliation

Vistex provides the unique ability to create dynamic inventory pools which manage the volume flow through the multi-tier distribution network in the CP Foodservice/B2B channel. This provides a clearer understanding of where your volume is in the distribution chain, validation for volume compliance for claims Group 2289.png and settlements. This understanding also drives accrual accuracy. Vistex enables you to automate the process of taking the inventory pool volume knowledge and compare it with the contract terms. Reconciled settlements are then validated, and accruals are updated, eliminating any gray area within the accrual calculation.