SupplyPike offers a compliance and deduction management platform that automates the monitoring of purchase orders, invoices, and deductions to identify and dispute invalid retailer chargebacks. By providing real-time insights and automated disputing features, the platform helps suppliers recover lost revenue and minimize financial penalties from retailers.
Funding
$25M 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
Suppliers face challenges in managing complex retailer compliance requirements, leading to invalid deductions and financial penalties. Manual processes for monitoring purchase orders, invoices, and deductions are time-consuming and prone to errors, resulting in lost revenue and inefficiencies.
Solution
SupplyPike, now part of SPS Commerce, offers a compliance and deduction management platform that automates the monitoring of purchase orders, invoices, and deductions to identify and dispute invalid retailer chargebacks. The platform provides real-time insights and automated disputing features, helping suppliers recover lost revenue and minimize financial penalties from retailers. By connecting retailer portals, SupplyPike consolidates data, automates dispute submissions with necessary documentation, and offers insights to resolve root-cause issues and prevent future deductions. The system integrates with carrier portals and document storage systems to provide a unified view of shipping documents for dispute resolution.
Target Audience
The primary target audience includes suppliers across various industries who sell products through major retailers and need to minimize revenue loss from deductions and compliance fines.
Features
- Automated monitoring of POs, invoices, checks, and deductions
- Automated disputing features with customizable criteria
- Real-time insights into supply chain performance and root-cause analysis
- Integration with retailer portals for seamless data consolidation
- Connection to carrier portals and document storage systems for unified document access
- Customizable dashboards and analytics for identifying revenue loss trends
- Proactive alerts for non-compliance issues
- Role-based access control management
- SOC Type II-certified security with regular third-party testing