Deductions are a pain - they're hard to decipher, a nightmare to manage, and difficult to track. With Modus Planning, all of your TPM needs are in one place, including deductions. Whether you have in-house resource, contract with a third-party, or are looking for options, we can support what you need.
Drag and drop invoice backups or check cover sheets into Modus. You can also have the attachments emailed straight into the Modus platform.
Once the deductions are uploaded, our deductions team will go through and pull out the critical details to create deductions. Let us handle the details, you just sit back and relax.
Our team is also trained to tie deductions to promotions when possible. This allows brands to understand the true cost of their promotional programs more turn-key than ever before.
We're full service, meaning, we can challenge deductions that are found to be in error. Let our experts work to recover erroneous spend.
Once the deductions are built, we'll work with you to create processes to import the deductions into your ERP or accounting software, closing the loop.
When we designed the Modus Deductions Module, we wanted to ensure brands had all of the tools they need to understand their deductions holistically, but also work together to figure out unplanned charges.
Our deductions team is trained to identify both trade and non-trade costs. Finally, supply chain can get an accurate view of their lumper fees at a glance!
Activity logs exist in each invoice backup to track the latest conversation around the deduction. With integrated mentions and emailing, collaborating is incredibly easy.
Quick collaboration is key. If an issue is found on an invoice, the file can be flagged to the relevant sales manager. With email integration, all it takes is a click to go to the file in Modus and figure it out!
Everyone on Modus has access to the Modus University, a collection of courses that not only teaches you what the buttons do, but walks you through many of the best practices of forecasting and collaborative planning.
We’ll learn all about your business processes to craft your Modus account exactly how you need it. From there, we’ll walk you through all of the best practices that we’ve learned from the dozens of brands Modus has helped through the years.
Onboarding fees, charges for more users, and fees for training are just not how we operate. Our goal is to make Modus Planning as accessible as possible
In the fast-paced world of growing a CPG brand, the team has little time to onboard data. Let our experts ask a few questions then get rolling on the data onboarding process. We’ll take care of the 80/20 so your team can focus on running the business.
Enlightened is one of the largest purveyors of better for you snacks, known for their protein-rich ice cream pints, novelties, and other amazing treats.
Prior to using Modus Planning's cloud-based platform, Beyond Better Foods faced trade issues related to the deep fragmentation of their overall process. Rather than an integrated system to manage, Beyond Better Foods used many diverse spreadsheets to plan every aspect of trade, which created many isolated realities versus one cohesive plan for the company. This disorganization led to missed opportunities and frustration as the company continued to grow at a breakneck pace.
Jen stated that "post-Modus, everything lives in the same place... really we pull everything out of Modus." Using Modus turned Beyond Better Foods into a streamlined, focused, and communicative CPG powerhouse. From trade promotion to distribution and financial forecasts, along with every aspect in between, Modus Planning provides one centralized system to evaluate each part of the business. This allows employees to better understand the bigger picture and how one aspect impacts another.
"Prior to using Modus Planning, we were just constantly course correcting and fixing things versus moving forward."