Single Channel Services

Getting to the perfect price

Automate advanced transactions for supply chain optimization. Align contracts and catalogs, reconcile chargebacks and rebates, and track returns and recalls. Calculate sales compensation and administrative fees more efficiently.

PP Working Capital Optimization Sec3 Epay

The healthcare industry loses an estimated $1.3B annually due to price exceptions. Now using the HIDA (Health Industry Distributors Association) standard, automation can be widely utilized for the thousands of price changes occurring daily between manufacturers, distributors and providers to achieve maximum alignment of pricing among trading partners.

Get started with a dynamic distribution of data

Industry pressure is growing to automate a larger set of transactions with requirements often written into partner agreements. Automate advanced transactions to elevate service levels and meet regulatory compliance requirements. This is the path to price alignment and efficient reconciliation.

Single Channel Services automates:

Contract Notification (845) and Price Catalog (832) to help align contract and catalog pricing
Chargeback Request (844) and Rebate Response (849) to help reconcile chargebacks and rebates
Sales Tracing (867) to track returns and recalls and calculate sales compensation and GPO administrative fees

Features and Benefits

Simplify price implementation and achieve benefits faster through a single channel solution
Reduce errors and rework
Realize revenue from misaligned pricing
Meet trading partner and regulatory requirements for automating advanced transactions
Cut down administrative time focused on pricing discrepancies
Improve financial reporting accuracy

Product Information

Beyond the Perfect Order is the Perfect Price

With thousands of price changes occurring daily between manufacturers, distributors and providers, traditional contracting processes create complex and labor-intensive work to align price data.

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