Rebate management blog - Page 21 - Enable

August ’20 update: More diverse trading programs than ever before

Product FeaturesAugust 18, 2020

Enable is committed to constantly updating and improving our software. To achieve this, we release a new product update every six weeks.

We’re excited to introduce a new deal mechanism. ‘Targeted % with ratio targets’ unlocks even more calculation options, helping Enable to represent all of your deals. Furthermore, you can now set up exclusion rules, giving you more control over how your rebate is calculated. As well as control over your rebate calculation, granular deal lines give you control over your finances and increase the flexibility of the cash app.

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Our charity of the year — Stratford-upon-Avon Foodbank

Build It BetterAugust 17, 2020

This year the sales team at Enable carried out short market research interviews with sales, purchasing and finance professionals who create and track rebates and deals, making a donation per call which added up to an amazing \u00a32000 for the Stratford-upon-Avon Foodbank, Enable’s chosen charity of the year. Plus, the Enable social committee and our employees continued to hold dress-down days and staff social events virtually which raised an additional \u00a31100! Bringing the total to an...Continue reading

10 common myths of rebate management

The Deal EconomyAugust 12, 2020

Many businesses around the world have integrated various rebate management processes to get a better grasp of their B2B deals. These businesses quickly found the benefits of having a rebate management platform, inspiring other businesses to look for software of their own. While businesses stand to benefit from rebate management processes, some companies might have reservations of what these processes and platforms can do for them, and whether their businesses should make the investment. They oft...Continue reading

Video: So much more than rebate management software

Build It BetterAugust 3, 2020

Let us explain the basics in under 90 seconds!

Enable is the collaboration platform for maximizing the performance of your B2B deals while improving financial transparency and operational efficiency.

We’re reshaping how B2B deals are deployed, managed and measured to help both sides of the trading relationship succeed.

How to reduce human error in rebate management

The Deal EconomyJuly 30, 2020

When it comes to the complexities of rebate management and B2B negotiations, human errors can creep in and seriously compromise the value of trading agreements, especially when the process is manual. Human errors tend to create additional costs, reduce efficiency, and cause catastrophic failures. There is no simple answer to completely reducing human errors but businesses that utilize the latest technology and processes correctly can take steps to reduce the likelihood and severity of mistakes...Continue reading

How our software engineers maintain personal growth

Build It BetterJuly 27, 2020

Here at Enable, we believe in continuous development. This doesn’t just apply to our software, it also applies to our employees. We are committed to personal and professional growth, which is why we continuously dedicate time to improving our technical abilities in key areas. The result is a team whose knowledge is widely shared between individuals, all of whom are confident in developing software to solve complex problems. The induction process for new software engineers Who we recruit...Continue reading

July ’20 update: stronger partnerships across the whole Enable platform

Product FeaturesJuly 13, 2020

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

Communication is key for all business and trading partnerships, so our newest update aims to facilitate a greater transfer of information between all parties involved.

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Rebate vs. discount: what are the differences?

The Deal EconomyJuly 10, 2020

The price you set for your products or services is going to be an important factor in a lot of things: the volume of sales you get, the profits you make, and even the way your brand is perceived.

Rebates and discounts are distinct forms of cost reductions which directly or indirectly promote the overall sales of a business. Both pricing terms may sound similar, however, there is a considerable difference between discount and rebates which we explore in more detail below.


Discounts

What is a discount?

Discounts are typically applied at the point of purchase to reduce the buying price: when you get a bill, you pay the discounted value. It’s all very immediate. The discounted price is visible as of the precise moment that the purchase would have been made and therefore offers immediate satisfaction.

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