|
Decreased
Order Processing Costs:Because search
functionality, product catalogues, price listings, order entry and order statuses
are monitored in an electronic environment, sellers receive more frequent
orders and decrease the potential for error. In this manner, our electronic
environment increases productivity and decreases costs associated with order
generation.
Buyer-Specific and Stock
Diminishing Campaigns: Functionality
allows for promotion and campaign process management by defining buyer-specific
promotions, running of depot-specific campaigns and bundling of product offerings.
Sellers can choose to arrange promotions that best meet their need for stock
reduction.
Invoice Follow
Up: Seller can
easily follow issued invoices and view payment plans and cash flows.
Simplified Account
Follow Up: Reconciliation
transactions can be carried out online, using user entered order information. With
Veritical, sellers avoid much of the data entry associated with offline
reconciliation processes.
Increased Productivity
in Technical Servicing Processes: With
Veritical, all product breakdowns and guarantee follow-ups can be monitored in
an electronic environment, thus lowering the costs associated with these
procedures.
Diversified Payment
Options: By supporting a wide
range of payment tools including credit cards- VPOS, shopping cards, money
orders, direct debiting, direct billing and cheques/promissory notes, Veritical
allows buyers to accept payment using multiple payment methods.
Buyer Risk Monitoring:
Veritical allows
sellers to easily monitor warning levels for buyers who exceed a particular
risk limit, therefore lowering the seller's commercial risk.
Increased Logistic Operations
Productivity: With Veritical, logistic
integration is achieved by means of discharge information, distribution and
timetable features, thus lowering the cost of logistic operations.
Buyer-Specific Pricing
and Personalization Tools: Veritical
provides functionality for sellers to enter buyer-specific prices and email buyer-tailored
messages. Personalized infrastructure also allows sellers to provide special
treatment to valuable buyers and increase commercial volume.
|