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What is Special Pricing Collaboration? | Enable
With ever-more complex special pricing agreements being created in an already vast and competitive market, the ability to efficiently maintain pricing flexibility between manufacturers and distributors has become essential. Both supplier and customer rebate have been prominent for many years. Their aim is incentivizing purchases and sales and protecting profit margins. A focus on rebate management has helped merchants, buying groups, wholesale distributors and retailers to drive mutually...
The Art of the Deal: How Rebates can Power Your Trading Agreements and Buying Behavior | Enable
By understanding the impact that these incentives have on customers, businesses can better tailor their rebate management strategies to encourage desired buying behaviors. Harness the power of rebates in trading agreements. Learn how rebates influence buying behaviors and contribute to successful deals.
Manufacturers and Distributors: A Dual Perspective on SPAs | Enable
In this blog, we’ll explore the fundamental pillars of SPA management, the reasons businesses use SPAs, best practices in SPA management and the critical role of a SPA management system. We’ll explore the fundamental pillars of SPA management, usage of SPAs, best practices and the critical role of a SPA.
How Manufacturers use Rebates to Increase Customer Loyalty | Enable
Customer loyalty is a measurement of how likely your customers are to do repeat business with you. In this case we are talking about manufacturing businesses collaborating with distributors, who are effectively the link between the manufacturer and retailer. Without distributors, manufacturing businesses would struggle with getting their products to customers, and without manufacturing businesses, distributors would have nothing to sell. Repeat buyers are your most valuable customers, they...
Challenges and Opportunities Facing the CFO in 2021 and Beyond | Enable
No one would have predicted the economic uncertainty we would face due to COVID, however the urgency of the pandemic and the recession have accelerated the increasing role of the CFO. Creating an opportunity for them to demonstrate the critical strategic role they can play in helping transform the future of their business. According to research by ACCA and the Institute of Management Accountants (IMA) 72% felt that the role of the CFO will either ‘increase or increase significantly’ in...
GAAP and IFRS Standards You Need to Know to Manage Your Rebates | Enable
In this blog, we’ll delve into GAAP and IFRS standards, exploring the essential elements you need to know to manage your rebates with precision and expertise. In this blog, we delve into GAAP and IFRS standards, exploring the essential elements you need to know to manage your rebates with precision and expertise.
The Pitfalls of Manual Rebate Claims and the Rewards of Efficiency and Accuracy | Enable
In this article, we delve deep into the challenges of a manual claim management process and highlight the transformative benefits that come with streamlining this crucial process. In this article, we delve deep into the challenges of a manual claim management process and highlight the transformative benefits.
Year End Revenue Recognition and Accrued Rebates | Enable
A rebate accrual is the amount of rebate that has been earnt, but not yet received. Learn about year end revenue recognition, accrued rebates and more. Learn about the importance of rebate accruals, the dangers of poor accounting and how to effectively record year-end revenue.
10 Disadvantages of Using Spreadsheets for Rebate Accounting | Enable
Continued reliance on Excel can cause limitations to your rebate revenue potential. Explore 10 disadvantages of using spreadsheets for rebate accounting. Understand the many disadvantages of using spreadsheets for rebate accounting and why automated rebate management is a better option.
The Purchasing Power of a Buying Group | Enable
To stay competitive while maintaining independence, joining a buying group is essential. Keep reading to understand the purchasing power behind them. Explore the purchasing power of buying groups and learn how joining forces with others can enhance your rebate capabilities.
Retailers' Strategies in Expanding Vendor Rebate Programs for Maximized Returns | Enable
This blog explores how retailers can use the right tools to maximize returns through strategic expansion and optimization of their vendor rebate programs. This blog explores how retailers can use the right tools to maximize returns through strategic expansion and optimization of their vendor rebate programs.
Inventory Rebate Accounting: Understanding the Basics | Enable
Keeping inventory accurate is paramount to success. In this article, discover how businesses can streamline the process of accounting for their inventory. Demystify inventory rebate accounting basics. Gain insights into the intricacies of managing inventory rebates for a streamlined financial process.