Advanced trade and revenue management software for automotive distribution
The automotive aftermarket is estimated to be worth over $300 billion in the US alone, and growing larger as more developing countries join the mix. Along with that growth comes quite complex challenges. The sheer number of parts and warehousing challenges is immense. Consolidation in the industry, pricing pressures, complex manufacturer funding and rebate programs, along with the required speed to market are just a small sample of the remaining challenges. The Flintfox revenue management solution for distribution manages this complex supply chain.
We can help you efficiently manage and execute creative pricing and promotional deals for both purchase and sales orders. Reduce leakage with the accurate accrual, expense, and settlement for all supplier and customer rebate programs. With Flintfox, we can help you gain market share and protect margins by effectively managing both the buy and sell side of your operations using the Flintfoxbest in class suite of revenue management solutions.
Flintfox functionality for automotive distributors
Minimise administration efforts
Define pricing, discounts, and rebates by any customer, vendor, product, or transactional hierarchy/attribute such as geography, chain, product group, pack size/UOM, warehouse, payment terms, simplifying agreement maintenance and increasing accuracy
Customer and vendor trade management
Seamlessly manage both purchase order and sales order based pricing, discounts, and rebates
Minimise ongoing maintenence
Minimise agreement maintenance time via pricing upload facilities
Expense activity as it occurs, greatly reducing end of month processing via real-time accrual processing and settlement facilities (automated updates/adjustments/corrections)
Manage volume incentives
Manage volume incentive programs, based on purchases from vendors and sales to customers, with the ability to control percentages flowing each way
Configurable settlement options
Financially accrue and settle vendor chargebacks and customer rebates on configurable frequencies by program
Increase margins via targeted pricing
Empower sales professionals to make informed decisions at time of sale by fully understanding margins including vendor rebates
Supplier fund management
Track marketing funds/budgets by supplier, along with booked settlements and balances to ensure no money is left on the table
Utilise mix and match and flexible combo promotional offers to set purchase requirements/discount levels and drive additional sales
Creative free goods offers
Use advanced free goods promotions to set required purchased goods/free good rewards (one or many choices) and drive additional sales
Execute targeted pricing and promotions
Site/Warehouse and ship-to location/address specific pricing and promotional campaigns
Interactive claims workbench
Utilise claims workbench to request manufacturer payment, categorise debit requests, and analyse unclaimed balances
Thinking about a Flintfox solution for your organisation?
While most trade spend and revenue management solutions provide management functions to help you deal with your customers or trade partners (sell-side), Flintfox can also manage the trade related activities associated with your suppliers or vendors (buy-side), including pricing, promotions and rebates.