Case Study: Schneider Electric streamlines global pricing and contract management with Vistex

Schneider Electric cuts claim rejections from 10% to 3-5% with Vistex

Schneider Electric, a global industrial technology leader, faced significant challenges managing its global pricing and contracts due to an outdated ERP system. This led to inefficiencies, data gaps, and claim rejection rates as high as 10%, negatively impacting cash flow. As part of its SAP S/4HANA transformation project, they sought a solution and selected the SAP margin optimization solutions by Vistex.

Vistex implemented its solutions, which integrated with SAP to streamline rebate and chargeback processes. This provided real-time insights and automated key functions. The results were transformative, including a dramatic reduction in the claim rejection rate from 10% down to 3-5%. Vistex's solution improved data accuracy, reduced manual intervention, and enabled Schneider Electric to manage its financials more efficiently while improving customer relationships.

Schneider Electric