Our Co-op Fund Management platform simplifies claims processing, enhances transparency, and provides up-to-date reporting, ensuring you maximize every marketing dollar.
Supporting the Co-op Fund Management module is a comprehensive tech-enabled service offering, where the Channel Fusion support team becomes an extension of a brand’s internal channel marketing team.
The team of dedicated Channel Support Specialists become experts in a client’s program and are intimately familiar with a brand’s co-op program guidelines and goals.
In addition to providing high-touch front-line service and support, the Channel Fusion account management team serves the strategic and overall program needs of the brand as well.
The state of the program(s) since the last review including key performance indicators
The brand’s desired future state and initiatives for the program
Strategic recommendations and adjustments based on all available data and insights
The Channel Fusion Co-op Fund Management module comes with all of the expected functionality surrounding claim submission, status checking, and subsequent reporting, but it can be configured for the unique requirements of each client’s program.
Designed to handle even the most complex programs and business rules, the Co-op Fund Management module easily manages different types of accruals and funds.
While there are similarities among co-op programs, they can vary widely from one company to another.
The Channel Fusion Co-op Fund Management module allows brands to leverage core features while meeting unique business and program requirements.
Channel partners can check the status of their claims on the co-op portal.
They have the option to simply look at their claims or drill down into the details to see why a claim was approved, denied or if the submission was incomplete.
The module allows channel partners to submit their claims online in a simple, wizard-based, step-by-step process.
By getting an ad pre-approved, channel partners can run their campaign knowing it complies with the program guidelines and, therefore, is eligible for co-op reimbursement. The co-op module allows channel partners to submit and check the status of their pre-approvals online as well. The channel partner gets immediate electronic notification of the request submission and funds can be deducted automatically upon approval.
Once a channel partner submits a claim or preapproval, it ends up in an auditing queue to be approved or denied by a team of dedicated support specialists. These specialists become experts in a program’s guidelines and are able to guide the auditing process to verify program compliance. Once a claim is approved or denied, an automated email notification is sent to a channel partner.
Channel Fusion provides high touch co-op program management and administration services. An extensive claim verification, processing and payment process includes are checks and balances for each step to ensure maximum accuracy.
The Channel Fusion operations team carefully reviews each claim to ensure it follows proper compliance and program guidelines and any exceptions are passed on to the appropriate client contact.
The Fund Management module provides a comprehensive suite of standard online reporting and analytic options. Custom reporting is also available based on a brand’s specific requirements.
Schedule a demo today and see how the Fund Management module can streamline your operations and enhance brand consistency.
