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“Reinventing Recovery Audit for Today’s Retail Environment”

Reinventing Recovery Audit for Today's Retail Environment

The retail industry is evolving to meet consumer demands by adding new channels and expanding their partnerships with suppliers to serve consumers wherever, whenever, and however they choose to shop. These industry changes are resulting in more creative promotional funding programs to drive sales.

While this evolution will result in more business opportunities, it also proves challenging for grocers and other high volume retailers to keep up with the pace of change in the promotional landscape. Retailers are struggling with data, systems, and tracking the more complex promotional models to ensure visibility into promotional funding. As organizations experience these struggles, they are also wrestling with ways to prevent errors going forward.

This white paper examines how the recovery audit process can transform from a postpayment audit practice to a prepayment and error prevention solution.

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