Time pressures, high transaction volumes and stringent data accuracy requirements can make it extremely difficult for manufacturers to manage chargebacks – especially if you’re a small- or mid-size manufacturer working with Group Purchasing Organization (GPO) contracts. This Contracts & Chargebacks module for Ross ERP addresses key challenges, including data volumes, non-standard pricing, management fees and rebates, and regulatory compliance.
When each un-validated chargeback erodes your margin and quickly leads to significant financial losses, the stakes are high. By automating the chargeback validation process and maintaining up-to-date information on contracts, prices, and memberships, manufacturers can ensure that only valid credits are authorized and processed – reducing labor volume and unauthorized deductions.
- Automated Chargeback Validation
- Management Fees and Rebates
- Non-standard Pricing
- Standard EDI Transactions
- Reporting and Analysis
Here’s what Contracts & Chargebacks for Ross ERP can do for you
Effective contract management, up-to-date memberships and pricing, automatic chargeback validation, automated updates to AR and GL, plus automatic fee and rebate accruals.
Smart Functionality & Analysis
Standard EDI transactions (844, 845, 849), plus fee and rebate payment validations. Comprehensive reporting and analysis, including Medicare and Medicaid reporting.