Returns Verification

COVECTRA Helps You Cut Operational Costs

Recent studies have shown that billions of dollars are lost each year to poor financial reconciliation of returned products.  The returns process is also known to be an easy entry point for counterfeit product.

Using AuthentiTrack™ Serialization and Track & Trace platform, a pharmaceutical manufacturer or other brand owner can serialize products at the unit of sale and associate the individual package to the sale price.  During the returns process, the serialized package can quickly be authenticated, and requested credit and actual sale price can be compared.  This enables pharmaceutical manufacturers and other high end brand owners to ensure that they are crediting their trading partners appropriately.