From Deductions Inspector to Profit Protector In 5 Steps

Deductions are CPGs’ second-highest cost behind cost of goods — and CFOs know effective deductions management can make or break profit margins. While automation and AI have made a splash in back-office functions, people are still a company's most valuable asset — but only if they’re able and empowered to let go of the administrative work and take on higher-level, more strategic responsibilities. This is when automation and people together make an unstoppable team.

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RECORD HIGH INFLATION INCREASES SHOPPER’S FINANCIAL PRESSURES

As prices rise, inflation grows, and supply chain pressures add to shopper woes, shoppers continue to turn to savings and change their purchase behavior. This has led to digital coupons increasing in popularity across almost all categories. Why? They’re easy to find, easy to redeem, and can be personalized to meet a shopper's unique needs. 

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The Key to Building Shopper Loyalty In 2022

Shopper behavior trends are ever-evolving, and the past couple of years have proven exceptionally dynamic due to the pandemic, supply chain issues, out-of-stocks, and now inflation. These wild times present unprecedented challenges for many marketers, as they navigate their own various repercussions of these issues while trying to gain and retain shopper loyalty.

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Is Inflation Cutting Health from Shopper’s Budgets?

As COVID-19 concerns decrease, a separate issue is on the rise — and having its own (unexpected) impact on healthcare. Inflation.

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EPA REGULATIONS AND COMPLIANCE IS CHANGING IN JULY

Managing hazardous pharmaceutical waste compliance is critical to your healthcare facility, but so is making sure staff have time to focus on their patients. With already complex federal and state regulations constantly changing, it might be difficult for your healthcare facility to balance those duties. You can’t afford to sacrifice either one, so what’s the best course of action?

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DOWNLOAD THIS UNBIASED, 3RD-PARTY REPORT ON RMN VENDORS

While we’d love to sit down with you to talk about our retail media capabilities — and how they compare to the competition — we also know it’s important for you to get an unbiased, 3rd-party perspective.  That’s why we’re offering this complimentary download of THE FORRESTER WAVE™: SELL-SIDE RETAIL MEDIA SOLUTIONS, Q3 2021 REPORT.  In it you’ll find valuable information about:

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HOW TO WRANGLE CUSTOMER ENGAGEMENT IN A WILDER ONLINE MARKETPLACE

In the long list of experiences forever changed by the pandemic, shopping has earned a spot close to the top. 

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Gain & Retain Shoppers In High Inflationary Times

As the United States reaches the highest inflation rate in over 30 years at 7.9% as of March, CPGs and consumers alike are trying their best to navigate what — for many — are unprecedented times. For brands in the grocery industry, high inflation can mean navigating shortages, supply chain issues, and upped material costs — forcing them to raise prices. For consumers, it means saving, saving, saving — especially on essential items, like food and groceries.

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Improve Recovery Rates With These 3 Deductions Metrics

Deductions management is a critical function of CPGs. Cash recovery, retailer relationships, even insights into opportunities for process improvement, depend on this work by AR teams. Unfortunately, deductions management can also be time-consuming and overwhelming — making it difficult to get ahead. But optimizing processes and leveraging deductions information for growth isn’t rocket science — it can be done by measuring these three metrics:

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