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To create and maintain the rebates, the first step is to define the agreement typestype. You can have as many rebate agreement types as you need for your business purposes.

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Condition Types

For each rebate type applied to in your business process, you need to have a condition type in place that represents the different ways of rebate agreement calculations. Condition types will vary due to goals, rebate criteria, and rebate calculation behavior.

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Based on templates you can generate different rebate agreement outputs. These templates can be shared with others via Excel file and/or PDF file.

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Rebate Agreements

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To perform the rebate calculations, Pricefx offers a configuration logic (formula) that will setup set up price calculations and call different data from different sources, including master data and pricing parameters. Each condition type has a calculation logic associated.

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Rebate Records

Rebate records are created for each item line condition of a the Rebate Agreement upon its approval (item line conditions). This list will represent the approved and calculated records calculated to be ready for your ERP systemthe payout process.

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Payout Records

When the rebate calculations are completed and submitted, the payouts are generated and you can see those payout records in Pricefx. These are the records transferred to your ERP (accounting) system.

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Where to start with Rebates?

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Pricefx offers a Rebate Management Accelerator Package that provides a solution for fast implementation, easier management of rebates agreements, and complete support of typical rebate calculations.

The Rebate Package provides:

• 20+ predefined rebate types with calculation logics

• Approval workflows

• Baseline values calculations

• Inbuilt analytics - 3 predefined Dashboards

• Rebate forecasting

• Templates for customized agreement output documents