Welcome to the fourth quarter, also known by supplier & manufacturer A/R departments as the worst time of year. Along with hyped deals and sales on Black Friday and Cyber Monday, comes tremendous levels of returned goods. And with many retailers extending their typical return deadlines during the holidays, they inevitably take back revenue on returns for quite some time.
This leaves A/R to trudge through mountains of data to determine if the retailers (via their own automated processes) returned the proper amount of items at the correct price. Our A/R folks must then painfully utilize the retailers' systems to dispute these returns, oftentimes, one-by-one.
But there is another way! Save the holidays and learn how to calculate returns variances automatically, and dispute thousands of returns in minutes!