Oracle has launched Price Protection, an application that automates the price protection transactional processes and streamlines overall pricing, promotions and product discount management.
A global electronics distribution company in the high-tech industry is currently implementing the system to manage supplier agreements, re-value inventory, revise business documents, and process claims with its trading partners.
Developed together with Infosys Technologies, Oracle Price Protection automatically updates, aggregates and provides quick access to a distributor’s purchasing, inventory, costing and financial information; enabling distributors to reduce errors during claims execution, speed settlements, and mitigate future discrepancies.
