SupplyPike's $1 Billion Milestone

We are thrilled to announce a significant milestone — Suppliers have recovered over $1 billion in invalid retailer deductions with SupplyPike. Every recovered dollar is a victory for suppliers struggling with complex deductions. This achievement proves that fighting deductions isn't a losing battle. It reinforces our commitment to making deduction management easier so suppliers can reclaim their revenue and focus on growing their businesses.

‍

How Suppliers Recovered $1 Billion

Our journey to a $1 billion recovery wasn't luck — it was powered by smart automation, retailer-specific expertise, and putting suppliers first. For years, suppliers have struggled through a maze of confusing retailer policies, time-consuming disputes, and lost revenue. We set out to change that by providing suppliers with the tools and insights to fight back and win.

Here's how we did it:

• Automated Dispute Resolution: Our smart automation removes the burden of manual tasks — from gathering documentation to submitting claims and tracking resolutions —  resulting in faster recoveries and higher success rates.
• Real-Time Data & Insights: Our dashboard delivers unparalleled visibility and actionable insights, enabling suppliers to track key metrics in real-time, make data-driven decisions, and recover more revenue with confidence.
• Customer-Driven Innovation: We actively refine our solutions to meet supplier needs, expand retailer support, and enhance reporting capabilities — making deduction management easier and more efficient.  

Real Results: Bissell's Success Story

Bissell was losing revenue to invalid deductions, often writing off thousands in claims under $500 due to the time-consuming process of disputing. With SupplyPike, they increased their win rate by 20%,  cleared 99.98% of invalid deductions, and recovered over $1 million in lost revenue. (Read the full story here)

‍

Bigger Innovations, Better Recoveries

$1 billion is just the beginning. Building on this incredible momentum, we are not slowing down. We're committed to pushing the boundaries of what's possible in deduction management, constantly innovating and expanding our capabilities to empower suppliers even further. The future of revenue recovery is here, and we're leading the charge.

Looking ahead, we're focused on:

• Retailer Expansion: We are expanding our platform to support even more retailers and tackle more deduction types, ensuring suppliers can recover revenue faster with less effort.
• Advanced Analytics: Our team is working to enhance our reporting tools to provide deeper insights into financial health, enabling suppliers to identify trends, mitigate risks, and proactively prevent revenue losses.
• Growing Supplier Resources: We are committed to educating and supporting the supplier community with expert strategies for deduction management through articles, ebooks, and guides.

To our customers, partners, and team — thank you for making this milestone possible. Your trust and collaboration fuel our innovation and drive us to keep pushing the boundaries of what's possible. Here's to the next billion!

‍

About SupplyPike

SupplyPike is a leading SaaS solution empowering retail suppliers to fight deductions, maximize cash flow, and increase productivity. Our advanced automation and industry expertise have recovered over $1 billion for our clients—by simplifying the dispute process and preventing deductions, SupplyPike helps suppliers get paid and get better.