Benefits of Accepting Coupons
When retailers accept coupons from consumers, they are doing much more than simply giving the shopper a discount. Couponing has several inherent benefits for the retailer, such as:
- Attract high-consumption shoppers into stores
- Support product movement off shelves
- Provide shoppers with manufacturer-sponsored incentives
- Cushion price increases
Benefits of Using a Coupon Clearinghouse
As a retailer accepting coupons, your company can quickly create a large receivable. As a consequence, you are faced with the difficult responsibility of protecting the financial integrity of your company’s many coupon-related transactions.
Large and small chain retailers, wholesalers and associations alike find it easier, faster and more cost efficient to utilize coupon settlement services to be reimbursed when consumers redeem manufacturers’ coupon offers. An independent auditor like Vericast also helps you uncover discrepancies and variances that previously may have been considered write-offs.
Why Do Business With Vericast
The clearinghouse you select should be one you can trust with your company’s name and reputation, as they’ll account for your funds and interact with your trading partners.
Vericast provides the efficiency, transparency and controls you need to protect the financial integrity of your coupon receivables. Our high-quality, well controlled and completely transparent services will provide you with an independent audit of your coupon operations to analyze and detect weaknesses from store level through financial reconciliation. Our technology investments and unique expertise will help you manage the complexities of coupon settlement while avoiding hidden risks and cost that have left other retailers exposed in today’s marketplace. And, with our first-hand knowledge of what manufacturers expect of a retailer clearinghouse, we’ll help you minimize payment disputes and achieve faster payment turnarounds.