Incentive payments account for 5% to 10% (or over $50B) of the $1 trillion in sales that flows through the high-tech channel each year. However, despite the large volumes of claims and programs, many validation processes are manual or use disparate IT systems to manage and validate payments. As a result, high-tech companies may overpay incentives by 10% to 15%, or they may face increased financial exposure from a backlog of unpaid incentive payments, many of which are unverified. Partner dissatisfaction is on the rise due to delayed or inaccurate payments.

Zyme’s TruePay is a payment integrity solution that automatically calculates incentives that companies owe based on current sales and inventory information, incorporating all existing program rules. The solution integrates partner claims when applicable; then it validates claims, creates and delivers program statements, and includes workflows for payment approval cycles and dispute resolution. All the relevant information and workflows can be delivered through a partner portal and are also available through single sign-on with your existing partner portal.

For more information about TruePay, download a data sheet.