Case Study: Major Manufacturing Company achieves 56% reduction in outstanding deductions (70% fewer 30+ day unpaid deductions) with CPGvision by PSignite

Controlled settlements process Decreases outstanding deductions by 56%

Major Manufacturing Company, a large maker of dermatological products, faced slow, error-prone deductions and settlements management driven by manual spreadsheets and poor visibility into trade spend. To gain control and transparency, they partnered with CPGvision by PSignite and adopted its Trade Planner/TPM deduction management solution.

CPGvision by PSignite implemented a closed-loop, fully automated platform with electronic approvals, file management, compliance tracking, and automatic matching of deductions to promotional events. Fourteen months after deployment, outstanding deductions (90+ days) fell by 56% and unpaid deductions older than 30 days decreased by 70%, while trade fund accounts and GL accruals were updated automatically to improve settlement accuracy and speed.