Rebate/Chargeback Validation

Review & validate rebate claims – ending unnecessary revenue leakage and reducing high administrative costs

Rebate/Chargeback claims are electronically validated using ValueCentric’s proprietary system, ValueTrak. Using a 14-step validation process, we ensure accurate and complete validation; our automated platform accepts, denies or overrides each claim according to your established business rules.

Rebate Claims

Review rebate claims for potential denials or resubmissions.

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  • Review & Validate Rebate Claims
    Compare distributors’ contract pricing and UOMs to manufacturer’s data ensuring validity of transactions and accurate reimbursements.
  • Manage Transaction Exceptions
    Allow/deny transactions by distributor trading partners based on key information, including your business rules and master data. Exceptions include: invalid contract number, member not qualified, price variances, invalid dates, etc.
  • Streamline Rebate Processing
    Maximize the effectiveness of internal administrative resources, eliminating tedious manual reviews of rebate & chargeback claims.
  • Interface with Distributors
    Provide clear, timely reporting to distributors to expedite the rebate claim/payment process.

Key Business Benefits

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Streamline Processing

Maximize the effectiveness of internal administrative resources by streamlining rebate processing

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Reduce Revenue Leakage

Reduce potential leakage and unwarranted overpayments due to chargeback inaccuracies

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Historical Backup

Access a complete historical backup of all claims data for future audits

 
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Accurate Denial Reports

Generate concise, accurate denial reports for distributors for any rebate claims that should be denied or require research for resolving discrepancies

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Consistent Real-Time Data

Avoid unnecessary penalties and missed deadlines, utilizing manual processes and disparate systems, and save 5%+ in unnecessary revenue leakage with consistent real-time data

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Auto-Generated Rules

Apply auto-generated business rules to allow acceptable exceptions to continue to flow through for payment and the invalid rebate claims to be denied