Classifying products and services using a standardized coding system helps companies enhance the effectiveness and efficiency of their purchasing activities without the cost and complexity of maintaining a proprietary coding system. Many purchasing systems support this and other classification systems out of the box, making them relatively simple to start using. However, using these standardized […]
Monthly Archives: October 2015
The cost of chargebacks totaled 5.6 billion in the US, in the last year. How will you ensure that your brand’s dollars are not included in this number? A chargeback is initiated by banks when a consumer disputes the charges after the purchase of a product, and while some of these may be fraud related, […]