Data

By standardizing data, the rebate management process can be optimized. Discover the importance and the benefits.

You may have heard the following key facts about rebates before, but what do they have to do with leveraging your data to drive revenue growth with rebates? In this blog post, we summarize the essence of a webinar on how to achieve this goal by improving how you manage rebates.

We have created a new product SKU to make our customers lives easier and speed up the data integration process when onboarding Enable.

Who is in charge of making the best use of your data? Before rules like GDPR came into effect the answer was, often, no one. Even today, without an effective data framework and a collaborative approach to sharing data, it may be rotting in siloes: unused and unusable. That has to change. In a recent report, Gartner makes the statement that data and analytics leaders must expand business value while managing cost and risk (in fact, that’s the title of their report). Why is this relevant to...

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 are always changing, supplier data can come through in vast amounts. Unfortunately, not all this data is accurate and...

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 to turn data into decisions. There continues to be a large gap between access to data and the ability to derive...

With growing businesses and especially those dealing with rebates and B2B deals, manual data entry is commonplace despite its inherent drawbacks. At the start it just made sense, it’s a simple solution, sometimes cheap and processes can be easily completed. But as time goes on this method becomes less scalable and cost-effective. Whether it’s transferring data from one spreadsheet to another, copying and pasting data between tools, or manually entering data from paper documents into your ERP...

Data is the new oil - a vast (often untapped) reservoir built up over the years and buried deep in an organization which, when extracted and processed correctly, can fuel a revolution within both your industry and your business. As the world becomes more and more data driven, it becomes necessary to examine processes and identify whether utilizing more accurate and granular data will truly aid in the improvement of a function – providing significant benefits – or will simply waste resource...

You might be tempted to automate importing data into your new rebate management system. But experience dictates there’s huge business value in starting with a manual approach. Transparent, auditable, automated rebate management. It’s the ultimate goal for many distributors looking to maximize rebate revenue and free up finance professionals’ time. And it’s why more and more distributors are choosing to implement specialist rebate management software like our own. In doing so, there’s...