Rebates are an integral part of trading terms these days, rebates for both customers and vendors encourage loyalty and volume purchases. When rebate programs are tracked and managed well they can prove to be a hugely beneficial lever to encourage customer growth.
Calculating what has been accrued or owed through rebates, fees and commissions is not as easy as it sounds. It is common to have different rates (% or $) applied to various groups of customers across one or more ranges of products. Rebate managment remains a challenge for many businesses across many verticals.
Without software to automate rebate calculations instantly at a transaction level the administration task can be a real drain on resources. Employing teams of people to manage rebates manually defeats the purpose and adds more cost, not to mention questionable accuracy.
With Flintfox Rebate Management, we can help streamline the management and execution of your rebates and deliver results directly to your bottom line.