Salitix has a long history working with a variety of customers to help defend them against high street beauty retailer and their highly active and commercial 3rd party audit teams. What we have not done before is deliver a successful ‘womb to tomb’ sales audit reconciliation, negotiation and settlement.
2022 marks the first such process and a 6 figure settlement figure for a range of promotional funding and funding mechanic claims that were raised across 2 historic trading year periods.
We received exemplary strategic support from our client that enabled them to realise a significant first for their business and also identify one historic funding mechanism where the calculation methodology was not as they anticipated, or supported, which they were able to change prospectively for significant savings to.
In doing so, we have set new precedents with the retailer about how the audit claim process should work and we hope will make future audits simpler and quicker to execute.