AFS Technologies Introduces Industry´s first Integrated Trade Promotion Management Solution
AFS offers software solutions to control Promotional Spending for Manufacturers and Rebate Management for Distributors. AFS now offers integrated solutions that validate, process and even pay promotional spending for manufacturers.
(Phoenix, AZ) - AFS Technologies announced today the release of the Profit Optimization Suite. Built using a Service Oriented Architecture (SOA), AFS´s Profit Optimization Suite offers Manufacturers and Distributors a cost-effective integrated solution for tracking, analyzing and processing all their trade and promotion spending.
What makes the AFS product line unique is that it offers a complete, one-stop solution for all aspects of Trade Promotion Management, including the ability to automatically validate & calculate bill backs & claims. After cost of goods, Trade Promotion is the highest cost for a manufacturing company and the savings obtained by managing trade promotions is substantial», said AFS Technologies´ CEO Kurien Jacob.
The Profit Optimization Product Suite consists of:
- AFS PromoAssist™: Trade Promotion Management platform with integrated review workflow, activity alerts, discount stack analysis and deduction resolution.
- AFS Rebate Manager: Automated claims processing for both direct & indirect customers.
- AFS Discovery: Combined volume & spending performance for true business intelligence like Spending Analysis by Customer, Post-Promotion Lift Analysis, and Customer Line Item Profitability.
- PROFILE®: Industry standard product information database for tracking products through the supply chain and synchronizing the information in each system
- EDI transaction sets to connect the parties electronically and minimize paper transactions
AFS has signed an agreement with a major international manufacturing company and is in the process of automating what is now mainly a manual process to manage and validate trade promotion spending.
About AFS Technologies, Inc.
Solutions. The company serves over 750 customers across North America and the Caribbean with solutions designed to reduce costs, increase efficiency, increase sales and margins, streamline internal processes and assist in regulatory compliances. AFS offers the industry´s only complete end-to-end software suite utilizing service oriented architecture (SOA) and the Microsoft .NET framework. This unique modularly designed system offers solutions for Distribution, Sales & Marketing, Financials, Processing, Warehouse Management, Transportation, and Database Services, featuring the industry´s largest database of product information and recipes, the PROFILE™ Database.
For additional information, please visit www.afsi.com or call 877-821-3007.
