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Make Trade Promotion Settlements with the Account Review TPM Software

Account Review™ gives you the ability to make settlement requests from within the same software tool that you use to manage all other aspects of trade promotion spending.  We electronically and automatically feed the settlement request to your ERP’s A/P module where the check will be generated.

Making the settlement request in Account Review is not only easy and time-saving for the end-user, it also creates the underlying data that supports accurate customer P&Ls, accurate projections of trade spending liability, and the prevention of double settlements or deductions for the same retail activity.

 

Simple and Easy-to-Use

Configurable email alerts and automated work flow keep you in the loop and ahead of payment and settlement issues
Electronic access eliminates paper payment request forms
All promotion plan elements are automatically linked to the payment request, saving time and reducing data-entry errors
Make payment request to both direct and indirect accounts
Configurable settlement requests to adapt to the way you plan and make trade promotion settlements
Easily allocate lump-sum settlements across all products within a planned event
After approval, settlement requests are automatically exported to internal accounting systems
 

All the Features You Expect & More

Built-in work-flow ensures everyone has the same data
Validation of data minimizes data entry errors
Business rules are applied before the payment request can be submitted for approval
Ability to delete or reverse settlement requests, as appropriate for the user’s authorizations rights and the payment status
Approval levels and amounts are configurable by settlement type
Export reports directly into Microsoft Excel or create PDFs for additional flexibility

 

Better documentation

Keep track of settlement activity and changes in adhering to governmental regulations such as Sarbanes Oxley
Business process correctly expenses the settlement with the correct promotional event for more accurate customer and product P&Ls
HTML Link of proof-of-performance and other electronic documentation
All work flow tasks, changes and activities are logged by user ID, date and time stamp

 

Prevent Over-Settlements

Prevent “double-dipping” since settlement requests are also linked with resolved deductions in a closed-loop TPM system.  For example, duplicate reference numbers are automatically flagged for review
Field users have up-to-date information, including check number and check status
Real-time spending information and projected liability provides a complete view of the financial situation for every event by customer and product 
Electronic work flow closes events after final settlement, preventing non-valid settlement requests from being expensed to the wrong event

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