The Deal Economy

Our products drive profitable growth with your trading partners. We’re rethinking the way the deal economy works.

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Why procurement can’t always trust their supplier data

Procurement professionals are always looking for the “perfect” supplier. The one that is going to communicate effectively, provide insightful performance metrics, and offer the best deals. But all of this is not possible without clear trust and transparency – a formidable challenge faced by procurement teams today. Because deals are often renegotiated and inventory levels […]

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Announcing our Series B funding of $45 million

It’s been just over a year since we closed our Series A in March 2020 and what an incredible journey it has been!  We’ve tripled our customer base and doubled our talented team while never taking our eyes off of our vision: “Intelligent deals connecting every trading relationship.”  Today, we take another crucial step toward […]

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Rethinking your rebate reporting process to gain better insights

Producing reports on your rebate deals is necessary if you want your business to make trading decisions far more frequently and proactively while maximizing business performance. However, reporting on these deals is becoming more complex each year because of the wide range and types of deals involved and the tedious reporting processes organizations have in place.   As organizations aggregate more and more rebate data from multiple departments and systems, finance and commercial teams face a higher volume of data reconciliations, spreadsheet […]

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Extracting strategic insights from your rebate data

As the uncertainty amidst the pandemic and economic disruption continues, companies need to use strategic insights to support decision-making around their rebate deals. However even if they have access to useful data doesn’t necessarily mean that companies are able to translate the data into meaningful strategic insights. According to a Forrester report, 41% of businesses struggle […]

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How a rebate management system can save you time and effort

As the saying goes time is money – especially when it comes to rebates! According to a global study commissioned by Automation Anywhere, the average employee loses 60 hours per month to easily automatable tasks. One of these being rebate management, which many businesses approach manually. Teams are spending an excessive number of days combing […]

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How to mitigate price fluctuations of building materials through B2B rebate deals

Rising building material costs have become volatile around the world. FMB’s latest State of Trade Survey revealed that 93% of its members have reported material price increases in the first quarter of 2021. Price fluctuations of building materials are driven by lengthening lead times and increasing demand, which is making it difficult for manufacturers and […]

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5 steps to auditing your rebate accounting processes

Accounting for your rebates can look different to businesses depending on their size, internal resource and how complex the deals are. Auditing this important process means testing and reviewing your rebate accounting to ensure it’s working as efficiently as possible. Businesses need to prioritize this so they can best position themselves for effective rebate management […]

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How to achieve a single version of the truth with rebate management software

The classic Excel spreadsheet is one of the most common ways of managing rebate data. Everyone knows they come with risks due to being revised, updated and interpreted differently by each colleague who receives a copy along the way, but in the end, they do not give you a single version of the truth to […]

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6 ways rebate management software can increase your bottom line

For most organizations your ultimate goal is to increase your bottom line. The more profits a company generates, the better your overall growth. Rebates for example can have a significant impact on your bottom-line however we have learnt that 4% of potential rebate revenue typically goes unclaimed due to manual processes and outdated software. Want […]

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Why handshake deals can’t always be trusted

The handshake signifies an important step in establishing a mutual trust towards a long-term relationship when all is said and done. Some organizations may be quite content to do a handshake deal and feel that written agreements somehow undermine the trust they have between each other. A handshake deal is an agreement between two (or more) […]

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How a rebate management system supports business growth

When running a business, we’re always striving to improve our operations in one way or another. Over time, outdated systems can harm your bottom line without you even realising it. If your business is very process driven, you need a solution that can simplify workflows, automate repetitive tasks to allow you to continually innovate and attain […]

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6 ways outdated software puts your business at risk

Outdated software, also known as legacy software, can often be overlooked within a business. Replacing the outdated software is often pushed to the bottom of the ‘to do’ list or some wait for a critical issue to occur before actions are taken. This however comes with risks that can be detrimental to your business if you don’t upgrade to a new system. Using […]