Rebate management blog - Page 13 - Enable

Buying group purchasing system — seven essential features

The Deal EconomyFebruary 27, 2018

Buying groups, as the name suggests, are formed to give buying power to smaller independent companies through purchase consolidation. Whilst buying groups don’t typically have control over the systems implemented by members, they do need information from members in order to negotiate the best possible deals on their behalf. It has long been recognised that buying groups can have difficulties in committing to purchase volumes with any degree of certainty. That impacts both the buying group’s ab...Continue reading

Best practice rebate management

The Deal EconomyFebruary 26, 2018

Rebate Management refers to the management of discount claims that are based on volumes of purchases over time. To some companies, that rebate is treated as a bonus. But to others, rebates form a significant proportion of their revenue and for these companies accurate management is absolutely essential. The management and processing of rebates is challenging, with significant financial risks if something goes wrong due to loss of data or human error. Many rebate arrangements lack support in fina...Continue reading

February ’18 update: Crystal clear scheme comparisons

DealTrack FeaturesFebruary 23, 2018

Our February DealTrack update is now available within your UAT (user acceptance testing) environment. This provides the perfect opportunity to test newly introduced features, solution improvements and performance enhancements.

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ERP agnostic rebate management system

The Deal EconomyFebruary 20, 2018

Today's IT landscape in most large corporates consists of disparate systems: Cloud apps On premise ERP systems Cloud-based ERP Local systems and spreadsheets Others As a result, the world has moved from ERP being at the hub to integration services being the key. In this new world, out-of-the-box ERP integration is being surpassed by ERP agnostic applications that provide enhanced functions and shared data with ANY other systems. That is exactly how DealTrack has been structured. We have const...Continue reading

Realising M&A synergies faster

The Deal EconomyFebruary 16, 2018

Twenty-fifteen saw the highest level of merger and acquisition activity in the UK since 2007 according to research by Experian. In fact, over 6500 mergers and acquisitions were completed in the UK in 2015 with a total value of £433bn. This was the highest value of deals since 2000. Brexit, the US election and US legislation changes have been blamed for a slight downturn in M&A since then, but nonetheless according to Dealogic the average merger or acquisition in 2016 was $104.2 million, and...Continue reading

Efficient disaster recovery: Enable’s first-hand experience

Build It BetterFebruary 16, 2018

For many businesses, the question is not if a disaster or power outage could happen, but when it will occur? And how severe it will be? As a company whose primary products are internet-based applications, it is of vital importance to Enable that our ability to host our clients’ applications remains unaffected in every eventuality that could be reasonably foreseen. Disaster recovery (DR) is not something that any business can afford to get wrong. This is why Enable takes it very seriously and, after recent events, can boast of having first-hand experience.

Sometime around 03:00 on Monday, December 4th, a water heater in the roof space in our unit 11 building failed and began to leak. The water heater was located above the stairwell and leaked through the first floor, destroyed ceiling tiles, flooded one of the staff toilets, and made its way through to the ground floor. Unfortunately, significant water had entered our server room. The water had run through all three server cabinets and the servers within. All local servers, networks, and internet access shut down after power was lost. This meant no access to telephone, email or any local IT infrastructure including domains, web servers, file servers, source control and deployment services.

One of the main advantages of hosting in the cloud rather than locally, is that no live systems or data were affected, this meant minimal impact on our clients. Also, due to sensible management of time and resources, projects that we had underway were still delivered to clients on time.

Ewan Gibb is the IT Manager at Enable and has been with the company for over 15 years, helping it evolve into the well-organised and responsive IT department that it is today. Ewan was heavily involved with the DR process for this incident from the moment it was reported, ensuring that our systems were back online and operating normally as soon as possible. Here are Ewan’s recollections of how the day’s events unfolded.

5 min read

Spring 2018 webinar series — profitable growth from rebate management

The Deal EconomyFebruary 14, 2018

For spring / early summer we have a series of three webinars planned to share more detail about our 3 step approach to profitable growth through: Mastering rebate accounting and maximising profit from rebate deals; Being prepared for and executing on smarter supplier negotiations; Collaborating with suppliers for mutually profitable growth. Throughout the series we will be providing examples for builders' merchants, plumbing, electrical and HVAC suppliers, buying groups, other wholesale...Continue reading

Central purchasing — data analysis for better negotiations

The Deal EconomyFebruary 12, 2018

In order to prepare for major negotiations with suppliers, businesses often have to extract historical data from multiple systems: buying groups need information from their members' systems, newly merged businesses need information from different parts of the group. We have seen cases where managing large volumes of transactions with (largely) manual processes, such as spreadsheets, can have a detrimental impact on profitability, cash flow, supplier relationships and ultimately the performance o...Continue reading

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