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Duration: 45 minutes
Cost: Complimentary

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Summary

In 2015, McCormick realized that two legacy systems that formed the backbone of deductions management would no longer be supportable. As with many consumer goods companies, they dealt with more than 164,000 deductions every year and the outdated systems were jeopardizing A/R operations at McCormick.

Join Inga Occorso, Financial Manager – A/R operations as she navigates through McCormick’s transition from legacy systems to integrated deductions, claims management and trade promotion systems to achieve:

  • 2X productivity with out-of-the box workflow support for deductions assignment, resolution and credit memo approvals
  • Faster resolution of 131,000+ trade deductions through automated workflows on trade promotions and deductions management systems for 100+ brokers
  • Automated identification of 300+ deduction codes from short-payments during the cash application process

Speakers

  • Inga Occorso, Financial Manager - A/R Operations, McCormick
  • Jay Tchakarov, VP, Product Management, HighRadius