Discrete manufacturers purchase raw materials and refine them for resale. Purchase and sales price management is critical for profitability because commodity prices can significantly fluctuate daily. Vistex solutions allow mill product companies to negotiate and administer purchasing agreements to stabilize costs, link sales prices to raw material or index prices for automatic adjustment, and establish sales contracts to promote volume and predictability. Vistex solutions also provide the ability to define and execute pricing and incentives with the analytical capabilities to ensure that each deal is profitable.
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A leading manufacturer of consumer paper products saw a 38% reduction in claims cycle with Vistex
"Vistex Performance Incentives has helped us increase transparency and credibility to our sales reps"
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 caught an error that could have cost one client $900K