As a manufacturer, you use special price authorizations (SPAs) to win large-volume business with major customers, resulting in claims from distributors or customers for SPA reimbursements when they buy at regular price. You may also offer rebates to customers and/or distributors to increase sales volume. But complex SPAs, manual claim processes, rebate eligibility confusion, and inconsistent data limits visibility into your programs’ effectiveness and profitability. Vistex offers solutions to manage all contracts and special price agreements, customer and distributor rebates, channel inventory, price protection, and marketing funds in a comprehensive manner that provides insight into program success and gross-to-net profitability.
Now, you can finally get control of all your rebates, pricing, and channel programs—so you can make sure it all adds up to more growth, not just more costs.
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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Savings to bottom line...Vistex helped one electronics manufacturer recover 9% on incorrect claims previously paid.
"Vistex processed claims so fast, we had to delay sending them back to the distributor since their system couldn't handle it"
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 performance incentives has helped us increase transparency and credibility to our sales reps".
Industry Leaders Use Vistex