Advanced trade and revenue management software for building and industrial manufacturing
The building and industrial manufacturing sector faces many challenges in today's market. Higher inventory carrying costs, strict laws and regulations, shrinking margins, lack of skilled personnel, and increased pressure and competition from globalisation, just to name a few. This is further compounded by large distributors and big box retailers increasing pressure on prices and squeezing margins.
Flintfox understands these pains and deliversinnovative revenue management solutionsto simplify administration of complex pricing, promotions, and rebates. With Flintfox, you can efficiently expense, accrue, and automatically settle liabilities, while operating within a dynamic omni-channel sales environment. Leverage Flintfox industry expertise and technology to drive efficiency, gain market share, and increase margins.
Flintfox functionality for building and industrial manufacturing
Minimise administration efforts
Define pricing, discounts, and rebates by any customer, product, or transactional hierarchy/attribute such as geography, market, project, product group, UOM, ship point, simplifying agreement maintenance and increasing accuracy
Utilise date effectivity and advanced agreement inclusion and exclusion facilities for all pricing/rebates to quickly determine membership parameters and ensure accuracy
Utilise cross-sell/upsell and directed selling abilities to increase order volumes and drive additional revenue
Automate UOM conversions in relation to pricing and discounts/upcharges: pallets, cases, bags, yards, meters, each
Manage group memberships
Manage buying group/GPO membership; along with date sensitivity, seamlessly execute related pricing, discounts, administration fees, commissions, and rebate programs
Timely accruals and settlements
Ensure all customer rebate, bonus, and loyalty programs are financially accrued and settled in a timely manner
Configurable commission calculations
Calculate and settle commissions, bonuses, and incentives; split commissions, growth programs, net of rebates, deductions, or early payment discounts
Unlimited pricing flexibility
Utilise configurable calculation methods for pricing: List, $ or % mark ups, margin pricing, net or contract pricing, all with date effectivity
Automate complex pricing
Flexible pricing rules for best price, priority pricing, and sequencing eliminate development work for special situations
Configurable settlement options
Accrue rebates nightly, but settle on any frequency (monthly, quarterly, yearly) by program type
Utilise mix and match and flexible combo promotional offers with configurable purchase requirements and discount levels to drive additional revenue
Creative free goods offers
Utilise advanced free goods promotions to specify required purchased goods and free good rewards (one or many choices)
Thinking about a Flintfox solution for your organisation?
If you are trying to evaluate and consider potentially enhancing your current sales and trade revenue management processes and solutions, the first step is to identify the ultimate maturity goal you should strive for. As part of that evaluation process, it’s critical to define at an appropriate level, what needs to be done to move towards and achieve that goal.
If you’d like us to review this with you, we’d be happy to help. Contact us to discuss how we can deliver a trade and revenue management solution to suit your unique manufacturing environment and meet your long-term profitability goals.