We're thrilled to unveil a series of updates that are set to revolutionize your experience with our platform. We've been listening to your feedback, and we've been working hard behind the scenes to turn your suggestions into reality. These improvements span across our new Inventory Rebate Accounting feature, which will provide you insights into the rebate locked within your non-perishable stock. The Collaborator experience has been improved, helping your trading partners quickly unlock Enable so you both can discover the value of more collaborative processes. Additionally, we continue to drive the product growth of Special Pricing Agreements where we have enhanced contract flexibility
These updates were released to your UAT channels on June 30th, 2023, and will go to your live channels on August 5, 2023.
Inventory Rebate Accounting is a revolutionary tool that is set to redefine the way businesses handle their rebates. This powerful solution integrates inventory accruals with supplier rebate calculations, providing a comprehensive and auditable overview of your financial landscape.
Designed to be more than just an accounting solution, Inventory Rebate Accounting is a strategic asset that empowers businesses to make data-driven decisions. It offers on-demand insights into branch performance and supply chain behaviors, enhancing transparency and efficiency across the board.
With this tool, businesses can streamline their accounting processes, ensuring cleaner financial statements and audit security. It eliminates the need for manual processes and off-system calculations, reducing the risk of miscalculations and improving the visibility of rebate earnings.
Key features of this innovative module include automated calculations for rebate values, support for the entire rebate chain of custody, and integration with our Executive Dashboard for monitoring key metrics. It also offers robust reporting capabilities, allowing for accurate tracking of rebate earnings.
In the words of Paul Needham, UK Director of Information Systems & Data at SIG, "The Inventory rebate accounting module allows us, on demand, to gain insights into our branch performance and monitor our supply chain behaviors."
Managing contracts, especially when dealing with multiple products per line item, is about to become a breeze. Picture a tool that streamlines this process, freeing up your valuable time and offering you the flexibility to manage product-level information, such as start and end dates. Our new contract import tool is designed to do just that. It allows you to upload contracts by products (groups, categories, or directly selected products) per line item, enhancing your control over your Special Pricing Agreements (SPAs) and ensuring they align perfectly with your business needs.
Think about the ease of renewing SPAs with a single click. Our enhanced expiring agreements toggle is designed to make this a reality. It intuitively sets the period filter to the latest period and the contract type to SPAs, enabling you to activate the bulk renewals functionality. Now, you can renew up to 3000 SPAs in one swift action, leaving you more time for other important tasks.
Imagine having a microscope to view your Key Performance Indicators (KPIs), providing you with deeper insights into your performance. Our new filter on the SPA Executive Dashboard is designed to do just that, allowing you to view your KPIs by end-customer.
Have you ever wished to extend the same variable pricing agreement to multiple end customers? We've turned this wish into a reality with our new "End customers" tab that allows for the end customers of a SPA to be selected. This enhancement provides you with greater flexibility in your contract management.
We understand the importance of easy access to your data. To make this even simpler, we've made a support report available within the SPA module. Now, you can access this report without having to navigate to Trading Programs, making it easier for you to view and understand your data.
We've listened to your desire for more control over your SPAs. Picture being able to cap support on products, effectively managing your resources and optimizing your operations. We've turned this vision into a reality by introducing the ability to add quantity limits against products on SPAs. This new feature is all about empowering you, making your SPAs more manageable and tailored to your specific needs.
Imagine a world where your trading partners are seamlessly integrated into Enable, where you have accurate insights for all your growth-based deals, and where tracking your transactions is a breeze. We're excited to announce that this world is now a reality with our latest updates to Collaborator.
Firstly, we've revolutionized the first experience for new collaborators. Our new invitation email design offers an intuitive call to action, making it easier than ever for your trading partners to transition into Enable. This means less effort for you and a smoother start for them.
For those of you managing a large number of growth-based deals, we've got you covered. We've introduced support for growth-based program lines in both the Progress Tracker and Partner Dashboard. This means you can now have more accurate insights across your program lines, helping you make better decisions and drive growth.
But that's not all. If you're using our separate target and earnings functionality, you'll be pleased to know that we've rolled out full support in the Progress Tracker and Partner Dashboard. This enhancement allows you to leverage insights across more of your program lines, giving you a more comprehensive view of your business.
We've also made some significant improvements to transaction uploads. Now, your currency selection will only show active currencies used in trading programs and SPA contracts. This simplification makes it easier for you to keep track of your transactions, saving you time and reducing potential errors.
For Collaborator transaction uploads, we've added a new validation step. When the channel is Manufacturer, and the collaborator organization is Distributor, and the transaction type is Sales, the system will now validate for Agreement ID. This ensures that all your transactions are correctly categorized and accounted for, providing you with a more accurate and reliable system. We're confident that these updates will make your experience with Collaborator even better.
Highlighting our ongoing commitment to improving your Enable experience are two very exciting performance improvements that will take our already quick performance to the next level.
In line with Enable’s commitment to release product updates on a regular cadence, we have numerous other new features under development that will be ready for you to view in your UAT environment on August 11, 2023. Deployment of this next set of features to your live environment will take place on September 16, 2023.
Included in the next update we are looking to add and enhance:
Please do reach out if you’re interested in learning more about any of our new features. If you have any questions about current or future updates contact us at help@enable.com, or book an appointment with a member of the Customer Success team. As always, you can raise a ticket with any feedback or questions, you might have. We look forward to hearing from you!
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