Deduction Management Module for Foodservice Industry

Oldsmar, FL, October 14, 2007 — Answers Systems Inc., the leading technology solutions provider to the Foodservice industry, announced today the launch of a new Deduction Management Module integrated within its new ContractPro® 3.0 trade management solution. The new module is proven to significantly reduce the number of distributor deductions through prompt verification and reconciliation of claims.

“Deductions can cause a lot of confusion for manufacturers, and trying to resolve deduction errors can be time consuming and expensive,” said Bud Hilton, CEO of Answers Systems Inc. “But with the Deduction Management Module, our clients can now quickly identify invalid deductions and instantly rebill the distributor with all claim transaction details.”

When foodservice manufacturers attempt to collect invalid deductions with dated and inaccurate data the outcome is very predictable – they remain unresolved and eventually unnoticed, allowing the same errors to the made throughout the life of the contract. “The majority of our claims are now received and processed electronically, which offers unheard of levels of speed and accuracy,” said Hilton.

By implementing the new ContractPro trade promotion management solution, which includes the Deduction Management Module, Foodservice manufacturers will be able to achieve new levels of profitability and ROI.

About Answers Systems Inc.
Since 1986, Answers Systems has combined Foodservice industry experience and technology expertise to create end-to-end trade-spend management solutions for Foodservice manufacturers and operators. Answers Systems offers consulting services and best practices to help customers maximize their trade-spend management programs. The company is headquartered in Oldsmar, FL and can be reached at (813) 818-9299, and online at www.answerssystems.com.
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