Belmero offers two solutions: 1) Fully Managed Service and 2) SaaS technology. The Belmero Supplier Returns Managed Service ensures that you are protected from financial leakage by merging people, processes, technology, and governance to create a fully managed service that takes care of all aspects of supplier returns. Belmero’s mission is to significantly improve the accuracy, amount, and speed of …
Software Signs That Your Company is Leaking Money
Materials Management (MM) systems and Enterprise Resource Planning (ERP) systems are crucial for the success of nearly every industry, from healthcare to manufacturing and beyond. ERP software, when stripped down to the basics, is a comprehensive system of operations that spans the entirety of a company to produce driven results, and ideally, a healthy return on investment. However, just having …
Reporting and Business Intelligence Signs That Your Company is Leaking Money
Supplier Returns can be tricky. As we’ve covered previously, this is an area that can cause over millions of dollars in financial leakage a year and most are not aware of it. It’s off the financial books, and companies don’t have the necessary reporting and business intelligence to identify the issue – or its true impact. The following are questions …
Organizational Signs That Your Company is Leaking Money
The financial health of your business is critical for long-term success. Too often, however, small organizational problems go unaddressed – and without the company noticing, those issues are responsible for money leaking – even hemorrhaging – out of the business. Plugging these leaks should be a top priority for any organization, but first you have to identify them. Here are …
Belmero’s Supplier Returns Managed Service Results
85% of organizations are leaving money on their Suppliers table. For some organizations, this can amount to millions of dollars each and every year! What makes matters worse is that most organizations don’t even realize it. Why? Supplier returns/credits are not tracked in any account on the financial books, so there’s no visibility for what’s in process or what should …
