Pricefx and Enable Integration for Rebates
- Mike Deskis
- Ioana Kocurova
Introduction
Effective pricing strategies are crucial for businesses to maximize profitability, win more deals, and deliver exceptional customer experiences. Pricefx, a global leader in cloud-native pricing software, has partnered with Enable, a solution for managing B2B rebates, to provide a comprehensive, end-to-end pricing solution. This article explores the key features and benefits of the integrated Pricefx and Enable Rebates Management offering.
Business Overview
Pricefx and Enable Rebates Management provide a comprehensive, end-to-end pricing solution by combining the power of Pricefx's industry-leading pricing platform and Enable's rebate management software.
The integration between Pricefx and Enable offers a seamless end-to-end management of profitability, including simple workflows, automatic syncing of rebate programs and earnings, and strategic insights through waterfall-based guidance and advanced margin analysis.
Enable's rebate management capabilities, such as automated rebate calculation and collection, creation and calculation of all rebate types, and dynamic forecasting, complement and enhance the value of Pricefx.
The integration between the two solutions enables deep linking and single sign-on, allowing users to navigate between the applications and access the required functionality smoothly. The data integration is transparent to the customer, with Pricefx receiving and providing all the necessary data, including rebates-related information.
Advantages of Pricefx and Enable Rebates Management
The Pricefx and Enable Rebates Management integration allows businesses to seamlessly manage their entire pricing process, from actionable pricing insights to price management, quoting, and AI optimization. The architecture of the common Pricefx and Enable solution eliminates any double-works on the customer side. The customer will integrate only with Pricefx, including any rebates related data. Pricefx will ensure all the rest between Pricefx and Enable.
Maximize Profitability: Easily perform margin analysis with seamlessly integrated rebate data to pinpoint and seize the most lucrative opportunities.
Generate Smarter Quotes: Confidently make pricing decisions with accurate, up-to-date rebate data automatically incorporated at the time of quotation.
Improve Deal Efficiency: Empower sales teams with integrated rebates within quotes, reducing time-to-quote and simplifying approval processes.
Key Features and Functionality
The Enable Rebates Management solution complements the Pricefx platform by providing advanced capabilities for managing B2B rebates. Key features include:
Automated Rebate Calculation and Collection: Calculate and settle/collect rebates with confidence while reducing errors and increasing efficiency.
Creation and Calculation of All Rebate Types: Leverage incentives, retrospective discounts, volume rebates, and more.
Dynamic Forecasting: Review and accept forecast recommendations, which consider seasonality and allow for tracking, adjusting, and modeling projected rebates.
Collaboration with Trading Partners: Invite partners to view, comment on, and approve deal proposals, and provide a real-time view of ongoing deal progress.
Integrated Pricing and Rebate Management
The integration between Pricefx and Enable Rebates Management not only secures a transparent experience for users but also comfortable navigation between applications. The key features highlighted in the integration are (see how it works below):
Deep Linking and Single Sign-On (SSO): Contextual navigation between the two applications and a unified login experience.
Data Integration: Pricefx receives and provides all the necessary data, including rebates-related information, to the customer's systems.
Rebate Visibility in Pricefx: Rebate calculations performed by Enable are visible within the Pricefx quoting, analytics, and reporting modules.
Rebate Program Creation: Rebate program creation can be initiated from Pricefx and executed in the Enable solution.
Data Integration
Below you can see the conceptual architecture of the integration between Pricefx, a cloud-native pricing software, and Enable, a solution for managing B2B rebates. Understand how the integration between Pricefx and Enable provides a comprehensive, end-to-end pricing solution for businesses.
Key components
Customer ERP: This represents the customer's enterprise resource planning (ERP) system, which is the source of data that flows into the Pricefx Integration Manager.
Pricefx Integration Manager: This component acts as the integration layer, managing the data exchange between the customer's ERP system and the Pricefx platform.
Pricefx Platform Manager: This represents the core Pricefx platform, which handles functionalities such as logs, notifications, and template management.
Pricefx Partition: This component is responsible for enabling the channel, managing the partition-channel secret, and providing the deeplink functionality.
End User: This represents the end-users of the integrated solution, who can access data ingestion, data export, and deeplink proxy functionality.
Pricefx S3: This component manages the storage and retrieval of data, including the enabling of S3 storage and the deeplink functionality.
With key components in mind, you can understand data flow, integration points, dependencies, communication channels, user roles, and control flow between these various components, and how the Pricefx and Enable integration provides a seamless and comprehensive pricing solution.
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