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| Overview | Coupon Redemption Solutions | Third-Party Pharmacy Solutions | Trade Promotion Solutions | |
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Third-Party Pharmacy Solutions |
Challenge Regional Food / Drug Chain with 49 Pharmacies was faced with accounting and process control challenges, receivable outstanding growing faster than sales, high write-offs, aggregate level reconciliation, and a legacy system that was not meeting the chain’s current challenges.
“In the time that we have been using PRISM I have found the staff to be extremely knowledgeable and always willing to help in any way possible. It seems as though we have a team that works just for us. It makes my life a lot easier knowing that if I have a problem, I can count on a quick response from the PRISM team. Overall, I have found our relationship with PRISM to be a very positive one.”
The PRISM A/R solution reduced the chain’s data processing, reconciliation, IT, and cash application resources by 100%. It delivered more accurate transaction and financial reporting and the ability to focus resources on collections and analysis -- plus reducing write-offs. Electronic remittance increased from 40% to 87%
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