The power of supplier rebate management software for manufacturers
Manufacturers need to make the best possible use of supplier rebates, especially at times of high pricing volatility. Yet rebate agreements are often lost, forgotten or scattered across the business, leaving valuable rebates to go unclaimed. Enable allows manufacturers to manage rebates centrally and maximize their value.
Transforming supplier rebate management in the manufacturing industry
From manual processes and poor visibility…
A custom-built ERP captured deals by product line, but was tough to keep up to date
Around $10m in annual rebates was being managed using spreadsheets, with high risk of error
It was hard to predict what rebates would be received and when, hindering cashflow forecasts
…to strategic rebate management for business growth
Enable provides insight into rebate performance and opportunities across 1,100 product lines
Deeper insight means Auto Wares can push for more beneficial deals with key suppliers
One rebate management platform drives collaboration between Finance, Purchasing and C-Suite
From inefficient processes and poor rebate visibility…
Managing rebates in spreadsheets was getting tougher as the company grew through M&A
No standardized process for rebate management across different locations and divisions
Difficult to map rebate agreements to purchase volumes and claim the right amounts
…to a streamlined system and the chance to maximize rebates
Enable provides one easy-to-use rebate management platform for 35 users and growing
All deals are visible across the company, so purchasing can be consolidated for the best returns
Streamlined rebate management supports the company’s future growth plans
From lots and lots of spreadsheets…
Heavily dependent on one individual in the business to manage rebates
Lack of communication with customers meant inability to generate meaningful relationships
Missed opportunities as schemes were forgotten about until the end of the year
….to incentivize and strategize their business
Flexible rebate management system to respond to changes in the business over a period of time
Finance team can track where rebates are heading and manage accruals
Sales team have up-to-date information to communicate effectively with customers
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