Services
Deduction Management
Deduction management is a significant challenge for CPG companies, with issues like unauthorized deductions, short payments, and delayed processing impacting financial stability. These issues often stem from discrepancies in trade promotions, pricing errors, or unexpected returns, requiring quick resolution to maintain financial health.
Benefits Of Hiring Us
- Evolvify’s deduction management service enables businesses to efficiently identify and address invalid deductions.
- By delegating this task to our team of experts, CPG companies can recover funds faster, reduce uncollected deductions, and streamline processes.
- Our team of experts ensure greater accuracy as we minimize errors, and offer enhanced oversight through reporting to identify recurring issues.
What We Offer
We provide an easy-to-integrate deduction management solution designed to recover funds that might otherwise be written off. Our focus is on simplifying the tracking and resolution of issues while seamlessly aligning with your existing workflows.
Trade Spend Analysis & Reporting
Trade spend analysis & reporting is essential for optimizing promotional spend in CPG companies. By leveraging data and analytical tools, CPG brands can assess the effectiveness of promotions and make strategic decisions to maximize returns on investment.
Did you know?
Only 22% of companies can measure their trade spend for individual promotions (Booz and Company).
Benefits Of Hiring Us
- Evolvify’s trade promotion analysis helps CPG companies allocate promotional budgets more effectively.
- We provide improved sales forecasting to your team.
- We help you predict promotion demand and performance in a timely manner.
What We Offer
- Key elements of our trade promotion analysis includes evaluating promotion effectiveness through metrics like sales uplift, market share, and customer engagement.
- Evolvify’s in depth reporting helps CPG companies measure the direct impact of promotional activities.
Disputes
Product Shortages and Freight/Operations related disputes make up a huge chunk of monthly deductions for CPG brands and if not handled properly, these deductions can deplete the working Trade Spend Capital way too soon.
Benefits Of Hiring Us
- We specialize in providing top-notch dispute resolution services for our clients.
- Our expertise ensures that all the invalid deductions are claimed and recovered, so your trade spend budget stays healthy, even in the face of shortages and compliance issues.
What We Offer
- Our end-to-end dispute resolution process involves gathering the necessary documentation, filing the disputes on relevant distributor portals and following up regularly with the distributors until the dispute is resolved.
- Our periodic dispute resolution updates provide a bird’s eye view to you and keeps you in the loop on the overall status of your disputes.
Success Story
Our services have successfully helped numerous clients recover more than $500k in shortage/compliance disputes.
Success Story
Our services have successfully helped numerous clients recover more than $500k in shortage/compliance disputes.
Trade Promotion Management
Trade Promotion Management (TPM) involves the strategic planning, execution, and management of promotional activities aimed at driving demand for a brand’s products. Effective TPM requires collaboration between sales, finance and marketing teams to maximize promotional impact and drive growth.
Did you know?
Consumer packaged goods (CPG) brands spend more than $500 billion on trade promotions annually- Forrester
Benefits Of Hiring Us
- Our Trade Promotion Management (TPM) service allows you to effectively track promotion execution and monitor spending.
- With us, you get a clear view of actual and predicted results of your promotional activities.
- Our experts provide you the data required to reconcile trade spending, manage accruals, and avoid overspending!
What We Offer
- We provide you data-driven insights by integrating data from various sources, including previous promotion plans, to help you develop effective future strategies for your brand.
- Our well-founded forecasts will help boost your sales while incorporating fresh data throughout the promotion lifecycle.
Frequently Asked Questions
Evolvify offers deduction management, trade spend analysis and dispute resolution to CPG brands.
Evolvify provides comprehensive support with a dedicated team assigned to each client. Our team works closely with the client’s in-house accounting team, taking full responsibility for managing the trade spend process, including categorization, analysis, and reporting.
Yes. The services provided by Evolvify are suitable for small and mid-sized CPG companies as well.
Getting started with Evolvify is simple and easy. Get in touch with us by completing the contact form on our website, and one of our experts will reach out to guide you through the entire process of how our service works.
