Rebate management blog - Page 15 - Enable

Rebate management explained

The Deal EconomyJune 17, 2019

Rebate management is the process of recording supplier agreements, tracking purchases and sales against those agreements, and managing accruals and rebate claims in a timely manner.

Proper rebate management can be a headache for any business, regardless of the scale of their rebate programs. Often, whole teams are dedicated to using legacy systems to follow inefficient processes, reducing productivity and negating the intended benefit of the rebate agreements commercial teams have negotiated brilliant terms for.

For small to medium businesses, rebate can make up the majority of their profit and for large businesses even a small improvement in process can lead to the discovery of millions of pounds, therefore it’s essential for any company who are regularly involved in rebate to scrutinise their current rebate management process and consistently strive to improve.

8 min read

6 things you can learn in our help center (that you may have overlooked)

Product FeaturesJune 6, 2019

In case you didn’t notice — we recently introduced our help center, an online knowledge base that provides users with easy to follow how-to articles, guides and tutorials!

Having a knowledge base nowadays has become absolutely essential for any business, especially with the emergence of software as a service (SaaS). One of the main reasons why customers stop using a product is because they find it too hard to use or they don’t receive the right support. And to top that off, customers nowadays expect immediate self-service support.

Who the help center is designed for

One of the main benefits of having a knowledge base is its 24/7 availability. DealTrack users can access information when they need it, from any device. You won’t have to wait until the morning to contact the Client Services team to solve a problem which could be fixed with two clicks.

5 min read

May ’19 update: Trading agreement PDFs and specialist module enhancements

Product FeaturesMay 31, 2019

May’s update covers enhancements across the board, from our scheme PDF and replication functionality to specialist modules such as the executive summary and forecasting.

Enable is committed to ensuring our software is constantly being updated and improved. To achieve this, we release a new DealTrack update every six weeks.

Each DealTrack update is carefully constructed from a combination of invaluable client feedback, research on current market demands and technical recommendations from our experienced development team. This means we learn from any past problems, look ahead to future trends and make the most of the latest technological advancements.

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How we manually test our applications to create high-quality software

Build It BetterMay 30, 2019

We pride ourselves on delivering software solutions that are robust, polished, and user-friendly. Our manual testing process is one of the ways we achieve this. By being attentive to testing of this kind as early as possible in the implementation process, a solution is a lot more likely to be secure, reliable, efficient, maintainable and provide a high standard of usability.

What is manual testing?

Manual testing is the practice of testing software by manually using the system, without any automated tools. This testing is completed once a piece of functionality has been created or altered, but before it is delivered to end users.

The main goal of this testing is to confirm that the system meets the requirements defined in the functional specification. In addition to this, manual testing improves the quality of our applications since its always performed by a developer who did not develop the work that they are testing: a fresh pair of eyes. This means that every change made during a project build phase is scrutinised and critiqued by at least two people.

6 min read

What is rebate management software?

The Deal EconomyMay 24, 2019

Rebates were “invented” as a way of driving sales growth without simply reducing the contract price. By agreeing these retrospective financial incentives based on actual sales, both the supplier and the distributor are working together to drive market share and growth. Rebates often act as either a reward for loyalty or as an incentive for increasing trade with a specific trading partner because the benefits of a rebate agreement tend to improve as trade with the trading partner increases. Rebat...Continue reading

New features every 6 weeks: what’s included in our scheduled software updates

Product FeaturesMay 23, 2019

Your business never stands still — so neither does our software. Remaining up to date with the latest technology keeps your business ahead of the pack by providing you with new or enhanced features and reducing potential security risks. In addition to these, they can also improve software performance, eliminate known bugs, offer better compatibility with different devices and remove outdated features taking up valuable hard drive space. It goes without saying that regular updates to your is software is critical to your business’s success.

What is Enable’s approach and how often is DealTrack updated?

Enable is committed to ensuring our software is constantly being updated and improved. To achieve this, we release a new DealTrack update every six weeks.

Each DealTrack update is carefully constructed from a combination of invaluable client feedback, research on current market demands and technical recommendations from our experienced development team. This means we learn from any past problems, look ahead to future trends and make the most of the latest technological advancements.

6 min read

Aligning finance and procurement teams to drive better vendor rebate deals

The Deal EconomyMay 17, 2019

In business, procurement and finance are two separate departments, working alongside one another within the organisation. The procurement function is about spending the money well and driving more for less from suppliers, and the finance team is all about keeping the balance sheet in check and driving profitability. While this relationship works for some companies’ others not so much, which isn’t the most efficient and effective way to handle business operations especially when vendor rebates a...Continue reading

The trials and tribulations of a customer rebate program

The Deal EconomyMay 13, 2019

Customer rebates are what a seller pays to another business whether they’re a direct customer, an indirect customer, or a buying group. Customer rebates are a key contributor to the flourishing Deal Economy, which last year was worth $500bn in the US alone. The following blog outlines the challenges faced and some practical steps you can take to regain control of your customer rebate programs, and start maximizing their value to your business. What is a customer rebate program? Customer rebate...Continue reading

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