Oracle Accounts Receivable Deductions Settlement is a solution that provides companies in many industries with the best-of-breed research, administration, analysis and settlement functionalities to not only resolve but also pre-empt deductions. With a centralized repository that tracks claims for any reason, promotional or operational, this product enables all groups within the company to effectively communicate and collaborate with their customers. With Oracle Accounts Receivable Deductions Settlement, customers can take control of their deductions, thereby improve customer relationships and yield significant financial reward.
Reduce Costs with Comprehensive Deduction Management
Oracle Accounts Receivables Deductions Settlement minimizes the costs of clearing deductions by streamlining research and payment. A centralized solution provides for easy access to all critical information enabling quick resolution of deductions reducing the days outstanding for deductions.
Automated Owner Assignment
Oracle Accounts Receivable Deductions Settlement provides an assignment procedure to assign the right owner to the deduction. This mechanism is an important first step to put the right people on the job of researching the deduction.
Improve Resolution with Research and Administration Tools
Oracle Accounts Receivable Deductions Settlement provides an effective research and administration process to drive the ultimate resolution. Diligent research and administration tasks can speedily identify valid deductions and settle them, increase the collectibility of the invalid ones, and effectively resolve disputes with customers.
Improve Productivity with Auto Resolution
Oracle Accounts Receivable Deductions Settlement provides a powerful tool to conduct transactional settlement processing activities in an automated fashion, saving a tremendous amount of time and workload.