Best practice — systematising rebate agreements and special pricing agreements

Posted by Andrew Butt on October 22, 2018 20:12:46

In this blog, we are going to focus on the system requirements for configuring, storing, monitoring, reviewing and operating rebate deals or special pricing agreements. 

For the sake of efficiency and audit tracking, and to avoid unnecessary disputes, all elements of pricing agreements should be stored in one place.  A cloud based solution is ideal for multi-centred operations.

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Topics: ERP Vendor Rebate Modules, Rebate Management System

Why your ERP system doesn't cope with rebate accounting

Posted by Andrew Butt on June 18, 2018 10:16:59

Most ERP systems do not cope with complex vendor rebates very well.  Some do have bolt-on vendor rebate modules, but we have found that in a very complex trading environment the standard module is incapable of modelling all the product / price / branch / margin combinations that might be required.

When dealing with complex trading agreements involving rebates most ERP systems fail to:

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Topics: ERP Vendor Rebate Modules

DealTrack integration: which method will you choose?

Posted by Andrew Butt on May 8, 2018 09:57:39

When people ask us about integration, the answer is simple.

DealTrack can accept data from anywhere so long as it is detailed enough.

We aren’t tied to any particular ERP systems or EDI providers, and we have over 20 years integration experience.

There probably isn’t a system or standard that we haven’t come across already.

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Topics: ERP Vendor Rebate Modules, Rebate Management System

Taking a more granular view of rebate calculations — a large UK building materials supplier

Posted by Andrew Butt on April 10, 2018 10:08:49

This business had used a bespoke system to manage rebate earnings for some time, but rebates were calculated at a very high level and were based on data provided by suppliers rather than their own data.

They reviewed the situation and estimated that by making calculations at a more granular level of detail, they could significantly increase the level of rebate claims within the existing deal structures.

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Topics: Client Stories, Industry Sector: Building Materials, ERP Vendor Rebate Modules, Rebate Management System

Using DealTrack “out of the box” and Enable expertise to solve rebate problems fast

Posted by Andrew Butt on March 27, 2018 11:20:32

This building supplies company has over 50 branches and is growing.  They recognised that having smooth business processes would be an essential foundation for their growth plans, and whilst most parts of the business had been systemised, the area of rebate management remained an anomaly.

They were using spreadsheets because their core ERP system (Kerridge) did not support their requirements. 

They approached Enable to discuss the suitability of DealTrack to their needs and were keen to discover whether a quick return on investment was possible.

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Topics: Rebate Management, Client Stories, Industry Sector: Building Materials, ERP Vendor Rebate Modules

ERP agnostic rebate management system

Posted by Andrew Butt on February 20, 2018 11:14:00

Today's IT landscape in most large corporates consists of disparate systems:

  • Cloud apps
  • On premise ERP systems
  • Cloud-based ERP
  • Local systems and spreadsheets
  • Others

As a result, the world has moved from ERP being at the hub to integration services being the key.

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Topics: ERP Vendor Rebate Modules, Mergers & Aquisitions

Central purchasing: consolidating purchase history across multiple ERPs

Posted by Andrew Butt on January 19, 2018 12:11:17

Negotiating deals for buying groups and businesses that have grown though acquisition or merger is a challenge.

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Topics: ERP Vendor Rebate Modules, Mergers & Aquisitions, Central Purchasing

Vendor rebate module: Requirements specification

Posted by Andrew Butt on January 18, 2018 13:49:00

You may be reading this blog for one of a number of reasons, e.g.:

  • Your ERP system doesn’t have a vendor rebate module
  • Your ERP system has a vendor rebate module but before implementing you want to draw up a requirements specification to check on the match to your business needs
  • Your current vendor rebate module needs some work to meet your business needs
  • You have more than one ERP system operating within your company, but need one module that sits across them all to manage vendor rebates across the whole business / group
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Topics: Rebate Management, ERP Vendor Rebate Modules

Why your rebate management system needs to be ERP Agnostic

Posted by Andrew Butt on November 15, 2017 10:49:00

DealTrack integrates with major ERP systems such as SAP, Oracle and Microsoft Dynamics.

For reporting and payments, DealTrack can interface with a range of leading BI tools including Business Objects, QlikView, Tableau as well as purchase-to-pay solutions such as Ariba, Fourth and Proactis.

But in our view “out of the box” integrations are not sufficient for most scenarios. A rebate management system needs to be truly ERP agnostic.  For that reason, DealTrack comes with open APIs that can be used to import data from ANY other systems.

Here are just a few reasons why we think this is necessary:

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Topics: ERP Vendor Rebate Modules

Why your ERP system doesn't do rebate accounting

Posted by Andrew Butt on November 1, 2017 08:31:00

Many ERP systems already have a way of recording contract information and a vendor rebate module or elements of purchasing software that allow for rudimentary recording of rebates owed. 

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Topics: ERP Vendor Rebate Modules