Case Study: Summit Electric Supply doubles chargeback claims revenue with Vistex

Summit Electric Supply boosts chargeback claims revenue by 118% with Vistex

Summit Electric Supply Co., a major electrical distributor, faced a challenge in managing its high volume of daily chargeback claims. Using a combination of legacy applications and manual spreadsheet processes, the company lacked visibility into its claims, leading to profit leakage and inefficiencies. They turned to Vistex and implemented its SAP Paybacks & Chargebacks solution to address this issue.

Vistex implemented its margin optimization solutions to automate and streamline Summit's chargeback process. The solution enabled electronic data interchange, eliminated paper, and provided sophisticated reporting tools. This resulted in a 118% increase in chargeback claims revenue, along with reduced manual processing, improved visibility, and more informed decision-making for the company.

Summit Electric Supply