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What is 1Channel Trade Promotion Management?

1Channel Trade Promotion Management Software offers a robust solution for fast-moving consumer goods (FMCG) and distribution businesses, allowing them to efficiently establish, execute, and track trade promotions among their distributors, retailers, and channel partners, thus removing the necessity for manual calculations of discounts and complimentary items during order fulfillment. The software supports a wide range of promotional formats, such as value-based incentives, volume tier discounts, and free goods offers (like receiving two complimentary items when purchasing 10-12), all customized for particular products, customer segments, or geographic areas. When an order is placed, the system promptly checks stock levels, applicable promotions, pricing, and credit limits, ensuring that benefits are calculated in real-time. Furthermore, the activation of schemes is overseen through tailored multi-tier approval workflows, while standard reports deliver valuable insights into the usage and effectiveness of schemes across the distribution network. This all-encompassing strategy not only boosts operational efficiency but also empowers businesses to fine-tune their promotional tactics and adapt swiftly to ever-changing market conditions, ultimately fostering a more competitive edge. By leveraging such technology, companies can enhance collaboration among partners and drive better sales outcomes.

What is 1Channel Payment & Credit Management?

1Channel's Payment & Credit Management module serves as an all-encompassing platform for distributors and FMCG brands, enabling them to effectively oversee incoming payments, enforce credit compliance, and monitor significant orders. The system facilitates both automatic and manual payment allocations for outstanding invoices, including various payment methods such as cash, cheque, and bank transfer, while providing real-time tracking of outstanding balances. Each customer is assigned a customizable credit limit, and in instances of credit breaches, three management options are available: halt all additional orders, allow one extra order, or suspend the account until debts are cleared. Moreover, the process of returns automatically generates credit notes, ensuring efficiency throughout. When orders surpass the retailer's credit limit, they are subjected to a configurable multi-level approval workflow, which can encompass up to seven authorization levels; approvers are notified via email or WhatsApp, and all decisions are carefully documented for auditing purposes. Additionally, the module includes a powerful suite of payment analytics that offers over 24 reports, supplying finance and sales leaders with essential insights into collections, outstanding liabilities, and the approval process's efficiency. Overall, this module not only fortifies financial oversight but also markedly enhances operational workflows, leading to better management of resources and improved service delivery.

Media

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Media

Integrations Supported

Integrations Supported

WhatsApp

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Monthly month-to-month and annual plans are offered; annual plans require an annual commitment and may include savings. Pricing varies with workflows, user count, and invoice configuration. Plans include cloud hosting, web and mobile access, role management, setup and onboarding, standard reports, technical support, and workflow configuration.

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Not specified

Customer Service / Support

Not specified

Training Options

Not specified

Training Options

Not specified

Company Facts

Organization Name

1Channel

Company Location

India

Company Website

www.1channel.co/trade-promotion-management.html

Company Facts

Organization Name

1Channel

Company Location

India

Company Website

www.1channel.co

Categories and Features

Categories and Features

Credit Management

Not specified

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