Rebate management blog - Page 22 - Enable

November ’18 update: Cash module reporting and final earnings indicator

Product FeaturesNovember 9, 2018

November's update sees some important changes to DealTrack's Cash module including additional reporting columns and a brand new final earnings indicator. These changes go alongside a number of additional feature enhancements and performance improvements that have been made throughout the system.

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Managing SPAs, ship & debit, claimbacks, MDFs and more

The Deal EconomyNovember 7, 2018

Rebates, special pricing agreements, claim-backs, contract support are all very similar and at the same time quite different to each other. In essence they are all terms for the money that wholesalers claim from suppliers and manufacturers for selling their products. Some of the key differences lie in how the agreements are formed, whether goods are actually ever handled by the wholesaler, and how the claims are made. Collectively, they are sometimes referred to as “vendor monies”. I...Continue reading

Employee Q&A — Lukasz

Build It BetterOctober 19, 2018

Over the past 17 years, Enable has forged strong relationships with some of the finest universities, bringing in the brightest students that they have to offer — with 79% of our analysts and developers graduating from one of the top 25 featured in the Times 2018 UK rankings! We regularly hold recruitment events and have formed close ties to the University of Warwick and the University of Birmingham. This gives us the opportunity to engage and network with students, whist giving them a real insight into our company.

We particularly focus our recruitment on high achievers in numerate subjects, with 66% of our employees holding an undergraduate degree in either Maths or Science, and 41% attaining a Masters or PhD in their chosen field of study. This provides us with exceptional employees who not only possess outstanding technical skills, but also the ability to translate that knowledge into highly effective business solutions.

Lukasz graduated from Wroclaw University of Science and Technology with an MSc in Computer Science before joining Enable as an Assistant IT Manager. Before long he took on the role of Helpdesk Manager, and is at present working as a Customer Success Manager. He focuses on delivery of software projects to Enable’s clients and works to support both test and live applications.

Rather than passing responsibility to third-parties, Enable provides software support in-house. This leaves our clients safe in the knowledge that requests will be resolved efficiently and promptly. After being with the company for over ten years, Lukasz offers his thoughts on his experiences so far as a Customer Success Manager at Enable.

6 min read

Why wholesalers should invest in a rebate management system

The Deal EconomyOctober 17, 2018

Companies tend to look for specialist rebate management software when they reach a point where their core business systems are proven to be inadequate. This particularly affects builders’ merchants, plumbing distributors, electrical distributors, HVAC distributors and others who operate in the building materials industry. These businesses usually have to deal with a large number of complex trading agreements involving rebates, special pricing agreements, retrospective discounts, over-ride...Continue reading

4 things to avoid in order to maximize your rebate earnings

The Deal EconomySeptember 27, 2018

Whilst working with a number of organisations across industry sectors such as building materials, buying groups and wholesale and distribution, we have seen a large variety of very complex supplier rebates and trading agreements. These very often involve incredibly complicated performance-based calculations with seemingly endless permutations, and on top of that rebate agreements are subject to periodic review and change. In the building materials sector for example, there are further complicat...Continue reading

September ’18 update: Tackling user timeouts and dimension item mapping

Product FeaturesSeptember 21, 2018

Our September 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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Help center: helping our users get the most out of Enable

Build It BetterSeptember 14, 2018

Enable is pleased to announce that the Help Center knowledge base is now up and running!

For over a decade, our rebate management software has helped distributors, wholesalers and buying groups manage the income they receive from suppliers and customers by simplifying business-to-business trading, unlocking hidden revenue and maximizing profit in their trading agreements.

A dedicated Customer Success team was established in May 2017. The introduction of this team provides our clients with a reliable resource to assist with both ongoing support and the delivery of bespoke project work. As the number of Enable users continues to expand at a significant rate, the ability for the Customer Success team to deliver the right support in real-time could become increasingly challenging. We, at Enable, believe that our clients want more than just someone who solves their existing problems. Rather than being reactive, we make great efforts to be proactive.

3 min read

Rebate accounting — 10 reasons why rebates are not always claimed

The Deal EconomySeptember 6, 2018

Failing to claim 100% of rebate due can have a large negative impact on the bottom line for businesses in industries where rebate agreements are commonplace. Finding out why that happens and how to stop missing vendor rebate claims is at the forefront of the minds of rebate accountants and financial leaders all over the world. Some ERP systems have functionality for recording rebate agreements, but often lack the granular level of functionality needed to carry out detailed matching of actual pu...Continue reading

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