Black Friday/Cyber Monday Aftermath: How to Eliminate Returns Variance Processing!

Tuesday, December 03 2019 11:00 AM - 12:00 PM [CST]

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Tuesday, December 03 2019 11:00 AM - 12:00 PM [CST]

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!

Levio Agency

Rohit Patel
Credit & Collections Consultant

Rohit Patel has extensive experience in the Credit and Collections arena with long tenures leading the credit and collections teams at Sony Computer Entertainment America, Warner Bros. Home Entertainment, and ResMed. At these companies, Rohit's expertise includes the development of strategic plans that led to improved financial operating results and successful global ERP implementations, as well as other process and system enhancements that led to increased efficiencies. Rohit believes that technology will play a critical role in the future of credit and collections and is always looking for cutting edge technology that disturbs the norm. Rohit has a degree from England, enjoys traveling, and spending time with him family.

About Rohit Patel

Credit & Collections Consultant