For AR teams at CPG companies, deductions management is a necessary evil – essential for cash recovery, yet time-consuming and tedious. Is there another way?
We set out to find the answer by surveying over 300 CFOs, financial decision-makers, AR leaders, and controllers at CPG companies. Our goal – learn how brands are managing their deductions at an industry level, and leverage the data to identify opportunities for improvement.
The results quickly identified common inefficiencies, as well as three potential areas of growth: