It might be obvious that if your Vendor Rebate programs were tracked and managed in a better way, you'd improve your profit margins. Perhaps not so clear is how. Let us in! Our Rebate Management software offers a genius way to easily create, execute and automate your rebate programs. In addition to speed and accuracy benefits, you'll have complete financial visibility of what you're owed and ensure money isn't left on the table.
Set up your Vendor Rebate programs fast and efficiently. Quickly and accurately create, accrue, and reconcile all rebates, based on purchases, sales out, or scan data.
Accuracy is everything when it comes to profitability! The correct products will be attached to your purchasing price list and volume rebates, and whenever attributes change, they 'll be automatically updated.
Get as creative with your rebate programs as you like. Calculate rebates as a percentage of purchases and/or sales, or as a dollar amount per unit. Include stepped rebates based on volume or $ value breaks.
With Flintfox, your accruals process gets smarter by removing the need for manual intervention. Accruals can be calculated against all related receipts, shipments, orders, even store level sales.
Set up your rebate in advance or simply when you need it to happen. Establish changes to vendor pricing deals and volume rebates ahead of time, with 'advanced date' features meaning Flintfox knows when they are ‘live’ and accrues accordingly.
Harmonious data flow! Manual intervention is not needed when exchanging data from your ERP. All vendor pricing deals, volume rebates and other promotional incentives are set up in Flintfox, and when it comes to accrual and payment runs, both systems seamlessly exchange data.
If you've read this far, you'll also want to check out these resources on Vendor Rebates.