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Advanced trade and revenue management software for hi tech manufacturing

Of course we all know that hi tech manufacturers face all the same challenges of typical manufacturers such as margin erosion, inventory and supply issues, increasing costs, and forecasting inaccuracy. However, they also face additional pressures such as stale pricing, warranty and servicing issues, outsourcing complexity, globalisation challenges, and shorter product lifecycles.

Flintfox experts understand your industry and deliver solutions to drive additional revenue to your bottom line. As global markets evolve and sales strategies become more omni-channel, are you prepared systematically to handle the change? Utilise Flintfox best in class pricing, promotion, and rebate flexibility, along with Flintfox’s super speed, in-memory, RMx Advanced Pricing engine to ensure accurate, real-time calculated prices across the enterprise, not only protecting margins but driving profitable growth.

Flintfox functionality for hi tech manufacturers

Minimise administration and increase accuracy

Define pricing, discounts, and rebates by any customer, product, or transactional hierarchy/attribute such as geography, account type, product group, pack size/UOM, ship point, 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

Increase sales

Utilise cross-sell/upsell and directed selling abilities to increase order volumes, drive additional revenue, or sell warranties

Timely accruals and settlements

Ensure all customer rebate and loyalty programs are financially accrued and settled in a timely manner

Automate financial accruals

Create or adjust accrual programs with retrospective dates, with the system automatically accounting for historical invoice data and financial postings

Seamless returns processing

Ensure all pricing elements are captured and accruals properly clawed back during the RMA/RTV process

Only manage master data

Greatly reduce agreement maintenance by managing only the master file data and not individual agreements with unlimited attribute and hierarchy membership definitions

Interactive claims workbench

Leverage a full claims workbench to quickly process customer payment requests/chargebacks: code, age, report, and issue AR credits

Utilise third party data

Upload, analyse, and accrue trade liability off reseller, distributor, and scan/POS data

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

Increase sales

Utilise mix and match and flexible combo promotional offers with configurable purchase requirements and discount levels to drive additional revenue

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.

To determine your pathway to growth, simply download The pathway to growth through trade and revenue management to step through the challenges and growth strategies, and diagnose your organisation’s phase of trade and revenue management maturity.

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.

See our software in action Free Whitepaper: The Pathway to Growth Through Trade & Revenue Management

Learn more: Flintfox features & benefits for hi tech manufacturing

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