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The Use of Rebates?
The A rebate is the amount of the purchase price refunded by the seller to the payer. The A rebates can is be paid out only if the value of goods or quantity purchased reaches the specified limit or other specified goals are met, usually for a given time period.
You can use rebates Rebates are traditionally utilized to reach the following business goals:
Existing customer Customer retention
Attract new customers
Getting additional information about customers
Maintaining high net prices
Reducing visibility in overall price reductions
Improve sales volume
How can you use Pricefx to manage your Rebates?
Pricefx offers a capability functionality that helps enables you to:
Create, manage and execute rebatesrebate agreements
Set rebates at any customer/product levels
Create, track and manage any rebate types in a transparent and easy way
Use built-in analytics to track rebates performance and prepare for claims payouts
Integrate with leading CRM and ERP systems to streamline rebate processes
Automate rebate approvals and push accruals to the ERP system
Global rebates visualization using Dashboards
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Where to start with Rebates?
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
Typical Business Scenarios
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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?
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:
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20+ predefined rebate types with calculation logics
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Approval workflows
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Baseline values calculations
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Inbuilt analytics - 3 predefined Dashboards
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Rebate forecasting
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