Monarch for Trade Deductions - by Exceedra Telus
Altair EmployeeTrade deductions analysts at consumer packaged goods manufacturers are responsible for reconciling the amount deducted by each retail distributor to the agreed upon amount based on a contract. This trade deduction reconciliation process, however, can be a very manual and time consuming process as it involves gathering, cleaning, combining, and aggregating data from many different sources. Trade deductions analysts can streamline and automate the process in seconds.
For example, Monarch Desktop can extract data from a text file or PDF file of a backup invoice, as well as acquire data from a spreadsheet such as an item master, a price list, including a spreadsheet from Trade Deductions, Exceedra by Telus.
By simply dragging and dropping the invoice into this pre-built workspace, Monarch will automate the reconciliation, as well as create the uploaded
formatted file for Exceedra. Finally, this process can be scheduled and automated using the Monarch Server application.