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RTI deposits can be controlled down to the last cent. Here's how

Written by PackControl | July 29, 2024

"Deposits on reusable packaging? If there is a difference of less than €50 between the expected and actual deposit invoice, we don't investigate, we just pay," sighs a logistics professional. Such an investigation simply takes too much time. However, with more and more reusable packaging, the costs of incorrectly calculated deposits quickly add up. That's why we came up with a solution to this growing problem.

Collecting RTI deposits is difficult. Packaging records are often inaccurate or out of date. As a result, you can’t be sure if the amounts charged are correct and it takes a lot of time to find out. The more packaging you have in circulation, the more difficult it becomes and the more it costs you. It is because of this administrative complexity that many companies do not charge deposits. In other cases, companies simply assume bills are correct and pay them without checking. All this makes keeping packaging records unnecessarily complex and causes costs to become unmanageable. Nobody wins.

Guesswork or full control

If deposits on crates, dollies, pallets and other returnable packaging could be correctly calculated and invoiced, checking invoices would no longer be guesswork. Agreements would be complied with and packaging management would be so much more effective. In a perfect world you’d be able to accomplish that without any extra staff. After all, we’re all aware how difficult it is to find the right people for this complex administration, full of exceptions and special agreements. Such a ‘hands-free’ packaging management system does, in fact, exist. Here is how it works.

What do you need for accurate deposit calculation?

  • Full real-time insight in packaging balances
  • Immediate action in case of discrepancies
  • Clarity on agreements and responsibilities
  • Correct calculation of waiting days
  • Easy communication with counterparties
  • Proper registration of special agreements
  • Understanding of the correct calculation methods

Getting deposit calculations right can instantly save you a lot of money, especially if it takes no time at all. PackControl has the software to help you do just that. With our in-depth knowledge of logistics systems and the problems faced by professionals in the sector, we have developed a software system that automates all the administrative processes related to your returnable packaging.

PackControl is the all-in-one packaging software that allows you to automate your packaging administration quickly and easily

This is PackControl

  • 1 system for all packaging-related administrative tasks
  • Import and process internal and external packaging transactions
  • Reconcile balances directly with the correct counterparties, including pooling
  • Automatically apply waiting days
  • Register transactions without balance accumulation
  • Verify and approve digitally upon receipt
  • Submit and process claims digitally
  • Communicate easily with the right person
  • Automatically apply special agreements
  • Automatically apply exceptions
  • Calculate deposits to the penny
  • Calculate rental amounts
  • Register round trips

Automate exceptions and agreements

In PackControl you can define each exception. So if one supplier charges a deposit of €51.98 for H1 pallets and another charges €45.92, you only need to enter this once in your administration. After that, it will be calculated correctly every time. The same applies to your customers: you enter the correct amounts and conditions once, and everything takes care of itself. Do you need to apply waiting days or shift responsibility to the carrier? This also happens automatically once you have specified it. In the journal lines you can make a  quick check, as they state exactly which rules have been applied.

Full control over your packaging registration

The bigger your organisation, the more packaging, and with the new EU PPWR (Packaging and Packaging Waste Regulation) on the horizon, the amount of reusable packaging in circulation will further increase, as will the administrative requirements. With PackControl you have all your packaging under full control. No matter how much is in circulation.

Benefits at a glance

  • Packaging registration always up to date
  • Correct deposit accounting
  • Instant calculation and control
  • Better RTI planning and inventory management
  • Take immediate action on discrepancies
  • Achieve sustainability targets
  • Reduced administrative burden in times of staff shortages

A correct packaging registration is essential for cost control, sustainability and planning. PackControl is the all-in-one packaging software that allows you to automate your packaging records quickly and easily. Discover now what PackControl can do for your packaging registration or contact us for a free, no obligation demo of the PackControl software.