PSG Manages Deductions and Chargebacks with Centreviews Receivables Solution
Profit Solutions Group, Inc. (PSG), located in New York City, is a company that specializes in the recovery of chargebacks and deductions. PSG assists many vendors in various consumer product sectors and are uniquely positioned to help those companies cope with the sheer magnitude of the various types and classifications of chargebacks. PSG has been instrumental in decreasing the dilution rate of their clients, and thus increasing their clients’ ability to grow their business through additional credit lines and working capital. In addition to the recovery solutions, Profit Solutions Group, Inc. provides a consulting service to help companies restructure their back office and help implement best practices.
At A Glance
Profit Solutions Group, Inc. (PSG), needed a solution to help their clients better organize and retrieve their key documents to help them find the information they need to fight chargebacks.
Using Centreviews Receivables Solution, PSG was able to provide an automated solution that efficiently captures and links the sales orders with all the related documentation created in the process from order to receipt of payment.
Solution: The Centreviews’ Receivables Solution
With Centreviews’ Receivables Solution system, PSG is able to set up an environment where all supporting documents are captured from the systems where they are created or scanned into the system and indexed. Because every pertinent document is linked for each transaction, clients no longer have to scramble to find the documentation they need to fight chargeback claims. They are able to search on any document type by its identifier, i.e. invoice number, BOL number, etc. and get instant access to all the associated documents.