UK’s largest Health & Beauty Retailer

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.

Useful links:

If you think Salitix sounds like a business that your skills and interest would be a good fit with, then send us your CV and any ideas about what you could bring to the business to the following address [email protected]

SAL-deliver

We deliver...

  • Reduced exposure to GFR audit claims
  • We identify claims in your favour that were previously not identified and get them paid to you
  • We protect your commercial relationships by keeping audit claims separate from it
  • Provide insights into best practice
  • Reduce the time and resources otherwise required to manage audit claims
SAL-recon

We reconcile...

We reconcile the sales you make to your Grocery customers and:

  • reconcile the funding charges they make for the promotional activities you have with them
  • reconcile the relevant contracts and/or agreements that Govern your commercial relationship
  • we manage and defend the audit claims presented by their audit teams – the ‘goods for resale’
  • we secure ‘audit protocol’ agreements with the finance/audit team
SAL-gather

We collect...

We collect transform and store key historic trading data for the purpose of reconciling the trading activity it relates to.