The chemical industry faces globalization challenges that create complexities resulting in increasing amounts of product being sold through distribution and channel partners. Price fluctuations in raw material costs are difficult to manage while concurrently keeping your products profitable. As a result, automating and efficiently managing go-to-market programs for processes like claims, rebates, incentives and pricing, are vital to the success of businesses in the Chemical Industry. Solutions from Vistex target the unique challenges you face to ensure that your go-to-market programs operate at their full potential and meet your business objectives.
Now, chemical companies can finally get control of all their rebate, pricing, and channel programs – so they can make sure it all adds up to more growth, not just more costs. Vistex | Now it all adds up™.
Full suite of price maintenance, analytics and optimization capabilities
Ensure SPAs are favorable and gain visibility into true profitability with contract analytics and automated claim validations
Systematically administer programs and automatically validate partner claims against channel inventory
Manage all aspects of planning, contracting, data ingestion, and claim validation
Incentivize partners to drive brand recognition by effectively allocating monies, tracking usage, and validating claims
Calculate, track, manage, and analyze rebates that drive revenue and reward behavior
Ensure distribution levels with targeted rebates. Track in real time and automate payment calculations
Monitor inventory moving through channel partners to accurately validate and pay claims
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Vistex caught an error that could have cost one client $900,000.
Increased claim revenue by 118% over legacy systems
Payment calculations for 25,000 customers completed in just 30 minutes
"Vistex processed claims so fast, we had to delay sending them back to the distributor since their system couldn't handle it".
"Vistex performance incentives has helped us increase transparency and credibility to our sales reps".
Industry Leaders Use Vistex