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Startups

Discover Dollar

Discover Dollar

LAUNCH

2014

FOUNDED IN

Bangalore, India

OPERATING IN

India

WEBSITE

http://www.discoverdollar.com

CONNECT ON

DiscoverDollar identifies revenue leakages and resolves over-payments by analyzing retailers’ internal data sets.

With the click of a button and based on data analysis Discover Dollar helps retailers detect and resolve revenue leakages in real-time. To this end, the company analyses various data sources, including purchase orders and invoices, resource planning, but also unstructured data such as e-mails and contracts.

The problem:

Without knowing it, companies miss out on sizeable revenue leakages due to mismanagement and miscommunication.

The solution:

Discover Dollar seeks to pioneer value creation for enterprises from existing data. Discover Dollar takes a “data first” approach and leverages data science to uncover potential value from customer data. 4 years from now the start-up wants to be working with major Fortune 500 retailers and discover at least $1bn in value for them. Just like Google is a synonym for search engines, Discover Dollar wants to be a synonym for value creation in enterprises.

Discover Dollar features:

Recovery audit services: Companies are losing up to 1% of their revenue in form of revenue leakages and overpayments. Discover Dollar’s recovery audit services can help ensure all these are fixed and drive up to a 12% increase in profitability.

Discover Dollar Resolve: Discover Dollar can help internal teams achieve up to 90% increase in productivity by automating clerical work such as preparing claim calculation sheets, vendor follow-ups and collection. Welcome to next generation claim management system.

Promotion Management: Promotions are the most important revenue stream for retail organisations. Ensuring right promotion management and collection can help retailers to increase promotional revenue by 20%

Discover Dollar Search: More than 50% of intelligent information of the companies are in the form of unstructured data like emails, negotiations and contracts etc. With Discover Dollar Search retailers can drive huge value by using for it’s advantage