Operational Bliss: Why a great commercial audit team always needs perfect planning!

A central challenge for any sales audit function is the difficulty of acquiring and processing multiple data sets across differentaccounting/operational platforms. For a professional sales audit provider like Salitix, what it means is a complex operational planning environment to manage the acquisition and processing of multiple data sets across any calendar year if we are to deliver all of the […]

How does Salitix add value to your data?

At Salitix we have two very different, but complementary skill sets. On the one hand, we have an experienced team of commercial auditors who have 1,000’s of hours of experience analysing and reconciling every kind of financial transaction that takes place between grocery retailers and their suppliers every day. This experience allows Salitix to recognise […]

Promotional over buys… do you think this is a sign of ‘collaborative’ trading?

Salitix regularly see promotional overfunding, particularly where discounted stock is pre-purchased (i.e., before the promotional sale has been made). The retailer purchases discounted stock in advance, often using a forecast to predict how much stock they will need to purchase to fund the expected sales at the till. So far so good (albeit remember that […]

Don’t discount a forensic audit for all your customers

At Salitix we know that conducting a review outside of the big five or six Retailers can be difficult or perceived as not worth doing because trading volumes are smaller and therefore promotional funding values less (and suppliers tend to get less audit claims from these customers??). There is also the challenge that if a […]

World’s largest online marketplace

Across our client base we hear and see stories of frustration and resignation about trading with the online giant, albeit tempered by the fact that for most, the size of the problem is tiny in relation to their trading elsewhere. But this does not mean trying to get them to work and do things properly […]

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 […]

One of Europe’s Largest Discounters

Salitix were handed a six-figure aged debt problem relating to Europe’s largest discounting business, including Italy, Greece and a number of other countries which our client had been unable to recover and no longer had time to chase. Over a 6-month period Salitix methodically worked through the debtor list, compiling evidence, identifying contacts, contact details […]

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.