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iNymbus DeductionsXchange resolves and disputes deductions and chargebacks automatically while increasing speed and efficiency by 30X. DeductionsXchange introduces cloud robotic automation for uploading denied claim packets to retail vendor portals and submitting disputes on the customer�s behalf. Not only are processing costs reduced dramatically via the elimination of manual labor, but companies can also take back revenue from previously invalid and undisputed chargebacks and deductions.
What exactly does ?chargeback? and "deduction" mean? In our context, it?s not consumer protection from fraud, but fees determined by large retailers such as Amazon or Walmart against their vendors for perceived violations in the realm of shipping or compliance. Identifying and resolving common issues on the front end to avoid chargebacks recurring in the future can be helpful. Although each chargeback and deduction is unique, most fall into one of three categories: shortages, compliance, and pricing and commonly fall into one of 5 areas: Purchase Order Issues Receiving Issues Packing Issues Advanced Ship Notice (ASN) Issues Transportation Issues
iNymbus DeductionsXchange resolves and disputes deductions and chargebacks automatically while increasing speed and efficiency by 30X. DeductionsXchange introduces cloud robotic automation for uploading denied claim packets to retail vendor portals and submitting disputes on the customer?s behalf. Not only are processing costs reduced dramatically via the elimination of manual labor, but companies can also take back revenue from previously invalid and undisputed chargebacks and deductions.
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