Manage rebates, claims and GPO administrative fee reporting through Channel Intelligence
Like other manufacturers, you may be struggling to validate contract pricing and to manage the time involved in chargeback processing – which can lead to revenue loss. Industry research shows that up to 9 percent of revenue is lost due to penalties, missed deadlines, inconsistent pricing and transactional errors.
GHX consolidates your channel and GPO contract management tasks to increase revenue opportunities through Channel Intelligence. First, Channel Intelligence uses tools to collect, format and cleanse contract data from your channel partners. Channel Intelligence then verifies distributor contract pricing, UOM and claim data. With the addition of your GPO contract information, GHX can verify IDN membership information and HIN assignment to accurately determine your GPO administration fees.
Channel Intelligence's many facets allow your organization to significantly improve financial performance by enabling your organization to focus on growing revenue, instead of growing operations capital.