Finance

In this blog post, we explain how finance leaders can go from reactive to proactive to drive revenue with the help of an often-ignored tool in their financial arsenal: The humble rebate.

The strategic CFO is so much more than a number-cruncher. They have the opportunity to shape the business and its future. But, to be a true business partner, they need to consider all revenue streams, including B2B rebates.

Managing risk and compliance is no easy job. However, there are ways of reducing the burden somewhat, particularly when it comes to leveraging tools that can help CFOs monitor their company’s compliance organization-wide.

In this article, we share a few ways CFO's can tackle economic uncertainty and overwhelm, generally, and with specific reference to rebate management.

Looking for new ways to become a strong and modern CFO? Look no further than this article on the 5 opportunities available to forward-looking CFOs to capitalize on a strong rebate strategy.

A typical employee spends 60 hours every month doing repetitive, non-value added tasks that can easily be automated. This certainly applies to finance departments, which involve a lot of manual tasks that eat up valuable time and are ripe for process improvement. We tend to assume that every task we perform is essential in sustaining operations. But after analysing, we might be surprised to discover that many of our activities are actually costing the organization time and money. CFOs and...

Despite finance leaders spending 19% more time on value added activities than they did a decade ago, they are still bogged down with admin tasks which equate to high costs and a less productive finance team. This is not ideal for the team who is already facing unprecedented pressure for better information, cash management and risk mitigation. Finance teams realize they must begin addressing the challenges that administrative burden brings now. Without accurate rebate data and efficient...

As the finance back office begins to recover from the economic impact of the pandemic, even in large organizations, it’s not unusual for the finance department to still lean towards spreadsheets and outdated, manual tools and processes. As a result, there is never enough time in a finance professional’s day to focus on the higher-level business objectives that help to move the business forward. Having relied on these set processes, finance teams defer to what they are used to and don’t...

On a finance team, there is always a looming threat of one or a few individuals being the only people capable of performing a key task, either because of their skills, knowledge or experience. This is known as key person dependency and can occurs in companies of all scales. At Enable we have had customers telling us that they rely on certain individual for their rebates, they have been doing it for many many years and in fact, nobody else knows how to do it well, or even at all. But this...

Finance teams play a pivotal role in understanding the impact of deals and rebates and in guiding their organization for what comes next. However, over the past few years they have been neglected with outdated software and manual processes that consume their time and energy. Here are key business outcomes that your finance function can achieve from implementing rebate management software. Key business outcome: Increase profitability Collecting rebate agreements on time, consistently and...