Many high tech companies like yours are working across departments with multiple sources of truth that stem from multiple interfaces for program information. This cumbersome process is prone to human errors and stems from an inability to define the building blocks of a successful technology platform. When you’re working with complex deals, multiple contracts and numerous pricing scenarios it becomes difficult to understand profitability and recognize revenue properly.
Moreover, key information such as units sold and gross revenue also places the company at risk of non-compliance. Transactional processes such as rebates and incentives tracking done using spreadsheets and manual data entry can lead to a significant amount of revenue leakage due to overpayment of incentive claims. Learn more about defining building blocks for your technology platform