Mattel, a global toy manufacturer, streamlined its deductions management process by implementing HighRadius' AI-enabled Deductions Cloud. The solution automated the aggregation of over 77,000 claims, resulting in significant time savings, improved efficiency, and a 20% reduction in open deductions. Mattel faced challenges with manual processes, decentralized documentation, and aggressive retailer deductions, leading to inefficiencies. By centralizing data and automating tasks, the company improved workflow visibility, reduced manual workload, and achieved faster decision-making. The system also accurately predicted 94% of invalid deductions and provided seamless integration with trade promotion management systems.

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