TLS has well-trained resources to process all back-end administrative work including financial management functions to ensure the order to cash process is executed efficiently.

Our Financial Management Services include:

Accounts Receivable
  • Reliable cash flow to the manufacturer
    • There is only one receivable to manage, and payments are made based on agreed upon terms.
  • Trade fund and deductions management & spoilage tracking
    • Centralized tracking system to plan, reconcile and analyze trade promotions at multiple levels of the customer/product hierarchy.
    • Track non-trade activities in the system to facilitate customer profitability analysis.
    • Post-evaluation of promotions to ensure greater utilization of trade funds.
    • Post-promotion analysis giving insight into volume lifts on price points and type.
    • Automated process for approval of activities designed to limit overspending.
  • Credit check & cash collections
Customer Service, Sales Invoicing & Sales Compliance
  • Order management
    • Accepts all customers’ orders via telephone, fax, email and EDI.
    • Price promotion and policy compliance including minimum requirements, pallet configurations and lead times.
  • Electronic Data Interchange (EDI) capabilities
    • Sends and receives all transactions electronically as required by all trade partners.
    • No additional technological and/or staffing investment required as TLS is already set up with all major customers. It is otherwise a resource intensive process to test and to launch.
    • GS1 Board representation for updates and compliance on Canadian standards.
  • Stewardship compliance
    • Register with various provincial recycling programs on your behalf.
    • Report and calculate annual obligation.
Accounts Payable
  • Validation, processing and tracking of payables.
Financial Management
  • Cash and foreign exchange management.
  • Tax registrations and reporting.
Comprehensive Reporting
  • Custom daily, weekly and monthly sales and trade spend reports.