TrueData is a secure solution for technology vendors that automates data acquisition from your company’s global channel partners, ensures data integrity, and enriches and reports this high-quality data so you can use it to make strategic business decisions.

The Semiconductor Extension to TrueData validates data elements that are critical for deal registration and ship and debit. For example, the extension validates deal registration and ship-and-debit numbers, and it ensures that the transaction date is within the validity period.

Due to complex pricing scenarios, semiconductor companies must rely heavily on information from their distributors in order to manage their businesses effectively. Special pricing agreements with distributors such as ship-and-debit, DPA (distributor price authorization), price protection and stock rotation all require meticulous record-keeping to ensure that revenue recognition conventions are not violated. Yet, information from distributors often has channel data integrity problems-the data is incomplete, untimely and error-prone.

For more information, read a case study about how Zyme helped a semiconductor company solve its channel data integrity issues to increase confidence in its financial reporting compliance, improve its revenue recognition process, increase forecast accuracy, and achieve better visibility into distributor rebate exposure.