Single Channel Services
Automate advanced transactions for supply chain optimization. Align contracts and catalogs, reconcile chargebacks and rebates, and track returns and recalls. Calculate sales compensation and administrative fees more efficiently.
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The healthcare industry loses an estimated $1.3B annually due to price exceptions. Now using the HIDA (Health Industry Distributors Association) standard, automation can be widely utilized for the thousands of price changes occurring daily between manufacturers, distributors and providers to achieve maximum alignment of pricing among trading partners.
Industry pressure is growing to automate a larger set of transactions with requirements often written into partner agreements. Automate advanced transactions to elevate service levels and meet regulatory compliance requirements. This is the path to price alignment and efficient reconciliation.
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With thousands of price changes occurring daily between manufacturers, distributors and providers, traditional contracting processes create complex and labor-intensive work to align price data.
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