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With Oracle Retail Invoice Matching retailers can increase productivity, improve internal controls, reduce system integration costs, maximize cash on hand, and improve inventory cost and gross margin accuracy.
- Drive productivity with a highly automated process that provides efficient movement of information throughout the organization.
- Meet compliance objectives through an integrated system, audit trails, controls and security over resolution activity, provisions for proper segregation of responsibilities, and comments tracking.
- Full integration with the Oracle Retail Merchandising System minimizes interface development and maintenance costs, while a high degree of version independence allows for separate upgrade paths and limits the need for custom development.
- Improve cash management through timely discrepancy identification and routing based on cash discount or invoice due dates. Best terms/terms date process help retailers manage the payment process and maximize net cash on hand.
- Timely identification and resolution of discrepancies, supported by robust integration with the Oracle Retail Merchandising System, helps ensure inventory adjustments can be made prior to the sale of goods to improve gross margin accuracy.
- Efficiently convert a supplier-disputed debit memo into an editable credit memo with supplier comments for resolution—allowing for flexible handling through routing process or central processing.
- Offers the flexibility to set up tolerances by monetary range, nominal amount, or percent. Separate tolerances can be applied for quantity and cost, and for discrepancies in the retailer's or supplier's favor. Tolerances can be set at supplier, merchandise department, and system levels.
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