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Modern Trade Reconciliation

Know more modern trade reconciliation

Modern Trade Reconciliation

Modern Trade reconciliation is the process of ensuring and monitoring customer receivables and payables are at par. It acts as a key for tracking of credit and debit notes for price difference, damaged stock return, VAT differences, Trade spends, Payment disputes, Centralized/Decentralized operation for various, Marketing claims, etc.

Our services in MTR helps

  • In bringing a transparency in accounting of invoices, payments, and receipts.
  • Identify gaps in accounting of debit notes and credit notes, marketing claims, sales returns, etc.
  • Build good customer relationship due to clean accounting
  • Helps update the master data on time, so that there are no issues with rate differences.
  • Identify areas where payments are not getting accounted/or payment getting applied to any other account due to lack of information.
  • Identify differences in payment terms agreed with reconciliation and policy of the organization.
  • Validate the PO system and identify expired Pos for which materials have been delivered.