Advanced trade and revenue management software for hi tech distribution
The hi tech distribution market faces many challenges in today's market. Diminishing margins, direct competition from manufacturers, and omni-channel real time pricing performance are just a few of these unique challenges.
Flintfox understands distribution. We deliver solutions to drive additional revenue to your bottom line. Protect margins by ensuring all vendor rebates, supplier contracts, and pricing elements are accurately executed, accrued, and claimed, regardless if triggered by purchase orders, sales orders, or partner POS data. Quickly reconcile chargebacks and deductions using an interactive workbench. Utilise Flintfox’s world-leading pricing and rebate flexibility, along with oursuper speed, in-memory RMx Performance Pricing engineto ensure accurate, real-time calculated prices across the enterprise. Gain market share and protect margins by effectively managing both buy and sell side operations using the Flintfox best in class suite of revenue management solutions.
Flintfox functionality for hi tech distributors
Minimise administration and increase accuracy
Define pricing, discounts, and rebates by any customer, vendor, product, or transactional hierarchy/attribute such as geography, direct/wholesale, product group, pack size/UOM, order origin, simplifying agreement maintenance and increasing accuracy
Pricing speed and scalability
Super speed in-memory pricing engine scales to over 1 Million price requests per minute, ensuring pricing is always calculated accurately and in real-time across an omni-channel sales strategy
Expense activity as it occurs, greatly reducing end of month processing via real-time accrual processing and settlement facilities (automated updates/adjustments/corrections)
Utilise cross-sell/upsell and directed selling abilities to increase order volumes and drive additional revenue
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
Flexible settlement options
Settle customer and vendor rebates/chargebacks through accounts payable or accounts receivable via automated settlement jobs, deductions, or manual claims
Automate financial accruals
Create or adjust accrual programs with retrospective dates, with the system automatically accounting for historical invoice data and financial postings
Reduce revenue leakage
Reduce leakage with full claims/deduction workbench: quickly reconcile short payments, minimise days sales outstanding, fully capture all available vendor chargebacks, and greatly reduce administration efforts
Manage margin protection
Manage all elements of pre-list or base cost mark ups for a product (freight, warehouse, insurance, adders, margin protection, and more)
Interactive claims workbench
Utilise claims workbench to request manufacturer payment, categorize debit requests, and analyse unclaimed balances
Manage end-user deals and support
Execute end-user/specially negotiated indirect deals or quotes along with proper discounts to customers and manufacturer support
Supplier and internal fund tracking
Properly track deal support to internal or in-house campaigns as well as supplier funded spend buckets; report on budget/fund amounts vs. spent
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.