Are your sales and purchase b2b rebate programs helping you gain market share, boost sales, and accelerate revenue?
If you’re still manually processing rebates, the associated problems are many: misleading accruals, unrealized earnings, inventory turnover, and inaccurate payouts. Vistex gives you automated, real-time visibility into your multi-dimensional rebate programs. Our solution manages your accruals, determines eligibility, processes necessary claims, posts financial settlements, tracks tier achievements, and quantifies opportunities for bigger incentives, if making additional purchases. You’ll gain the advantage of forecasting your sales and purchase rebates programs and gross-to-net with ease.
Vistex manages the entire accounting cycle for customer or vendor rebates paid, based on sales. Amounts payable can be accrued at time of sale and paid at the end of the period automatically, or you may require a claim for the rebate to be submitted by the customer.
Supplier (vendor) rebates paid based on purchases are earned income for distributors and retailers, and can represent the bulk of profits. Vistex anticipates rebate income for you to plan sales pricing and promotions. Claims for rebates can be generated, submitted, and reconciled with suppliers.
Tracking the total volume of rebates and the tier achieved is important to accrue the correct rebate amount earned. Vistex makes this easy and identifies when a threshold to a better rebate is within reach.
Rebates are supposed to be incentives to buy—and buy more. Maximize value with Vistex tracking period-over-period growth, determining the benefits of ever-bigger volumes, and the return on that investment.
Best Practices in B2B Rebate and Incentive Management
B2B incentive and rebate management is a vital process to the success of every business – no matter if you are large or small enterprise, or whether you are a manufacturer or distributor. Rebate and incentive programs, when left unmanaged or poorly executed, can mean the difference between profit and loss for an organization.Watch Now