o9 Solutions Teams with HighRadius to Reduce Trade Promotion Friction

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o9 Solutions Teams with HighRadius to Reduce Trade Promotion Friction

06/22/2020

AI planning and operation solutions provider o9 Solutions has partnered with HighRadius, a fintech enterprise SaaS firm specializing in automating the order-to-cash and treasury management processes.

The two companies have teamed to eliminate friction between trade promotion planning and settlement process. Their partnership will let customers build commercial plans for different time horizons at category, brand and customer levels in the o9 platform, with HighRadius' Integrated Receivables platform automating reconciliation of deductions capabilities to streamline processes and eliminate invalid claims.

This partnership will also help its customers improve cash flows, financial performance, and channel relationships through fewer write-offs, accelerated collections, better customer communications and reduced overhead involved in managing deductions and trade promotions.

o9’s clients span a variety of industries across manufacturing and retail supply chain, while HighRadius has a growing client list that are planning and executing trade promotions management systems in CPG, food and beverage, and apparel.

As consumer goods brands prepare to navigate the imposing frontier of a post-COVID-19 marketplace, the opportunity to re-assess and update a brand’s traditional approaches to marketing has never been more critical.

By having the ability to forecast promotion potential and analyze the impact of price, you can position yourself to be a partner that provides even more value.

Food supplier Haugen-Gruppen AS recently tapped ToolsGroup’s new Promo Planning marketing and supply chain software solution in order to better align its trade promotion strategies.