ChargeUp provides an AI-powered platform that automates the retail deductions and chargeback dispute process for brands. The system extracts relevant data from existing TPM and cash applications to identify and dispute invalid deductions automatically. This service helps finance teams recover funds efficiently, operating on a success-based fee structure.
Funding
$630K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Retailers and suppliers often face invalid deductions and chargebacks, leading to lost revenue and increased administrative burden. The process of disputing these deductions is typically labor-intensive, requiring significant time and resources from finance teams. Many companies lack the expertise or bandwidth to effectively manage and recover these funds.
Solution
ChargeUp.ai offers an AI-powered platform that automates the chargeback dispute process, enabling retailers and suppliers to recover revenue from invalid deductions. The platform integrates with existing software systems to extract relevant information, identify disputable deductions, and generate disputes automatically. By streamlining this process, ChargeUp.ai helps businesses improve their bottom line, reduce administrative costs, and focus on core competencies. The system is designed to work alongside existing Trade Promotion Management (TPM) and cash application software, enhancing their functionality without requiring replacement.
Target Audience
ChargeUp.ai primarily serves retailers and suppliers, ranging from category-leading brands with hundreds of millions in revenue to early-stage startups, who are seeking to automate and improve their chargeback dispute process.
Features
- AI-powered deduction validation and dispute generation
- Automated data extraction from existing TPM and cash application systems
- Dispute processing with a recovery rate of over 90% within 30 days
- Fast and automated onboarding process
- Focuses solely on deduction dispute automation
- No onboarding fees