September’s update sees the launch of Enable collaborator, which when configured will allow you to share your schemes and deals with your suppliers. New multi trading partner reporting functionality will also enable you to run reports at much a more granular level. We also have a brand new deal creation wizard to guide you and your team when setting up deals.
Distributor rebate agreements have been a staple of many large industries for decades, but are rarely understood by people outside of the few who operate deep in the detail. Whilst it’s hard to pinpoint where the invention of the rebate concept began, it’s easy to see the impact that this has had on trade throughout some of the most vital industries around the globe.
For example, electrical distributors report that up to 60% of their bottom line relates to rebate.
Whatever your interests as a business, incentivizing growth of sales or purchases and promoting loyalty are essential to successful long-term operation. This is where rebate proves to be the most invaluable tool imaginable.
Former Travis Perkins finance transformation director; Nick Rose joins the Enable team to help drive ambitious expansion plans. Enable International Inc., the leader in cloud-based B2B deal management software, today announced that Nick Rose has joined the company as Chief Financial Officer to help drive the company’s rapid expansion. Rose joins Enable from U.K.-based building materials wholesaler Travis Perkins plc, where he spent 16 years in a range of finance director and transformat...Continue reading
With the rapid pace of growth in the tech industry, it is easy for software development companies to become overwhelmed by the volume of new technologies and frameworks. Here at Enable, we use a dedicated research process to ensure that new opportunities to improve both our clients’ products and our own standards aren’t missed. Let’s take a look at the benefits of performing research with some real-world examples.
We strive to create the best solutions, achieving excellent performance is key to this endeavour. There are already many measures we take to get the best possible performance out of our applications, with research tasks being our primary means of finding new and improved approaches. These may boil down to small-scale solutions to improve a feature or researching a new technology to improve our wider technology stack. For example, we have significantly upgraded our core technologies over the past few years, which has had a large positive impact on the performance of our sites.
We have modernised our core technologies such as Angular, .NET Core and Entity Framework Core, which form the base for all of our new solutions. For these technologies and many others we have introduced to our systems, extensive research is carried out before we introduce them.
Market development funds (MDFs) — sometimes referred to as ‘marketing development funds’ — are funds made available by the manufacturer to pay for marketing activities carried out by the vendor. Typically, this is to support the promotion of a new product or brand.
Claims against MDFs usually come in the form of volume incentive rebates or retrospective fixed amount payments so should be included in your rebate management process. However, it is not uncommon for some MDFs to be paid at the beginning of the agreement due to the cash flow considerations from the vendors perspective.
In recent years there has been a surge of interest in the area of routine, and the benefits of a solid routine in work, home life, and indeed work-life balance.
Ellie Robins, of Headspace, describes the benefits of routine on mental health. She highlights that famously gifted and creative people such as Freud and Beethoven optimized and structured their daily lives to ensure success (another article adds Einstein, Darwin and Stephen Hawking among others to the list). Routine, says Ellie, was their secret weapon.
By the way, to go off-topic briefly, mental wellbeing means a lot to us at Enable and in 2019 our charity of the year is Springfield Mind. Throughout 2019 at Enable we are raising money to improve mental health in our local area.
Many industries around the world have complex pricing practices. These tend to become more and more complex as the industry becomes more and more competitive. Many creative programs have been created by businesses and their trading partners in order to provide maximum benefit to both parties involved and improve their competitiveness in the market place.
One solution to allow for trading partners to become more competitive and gain market share is back-end rebate or BECs. There are many examples of variables in these agreements, with some based on growth over a certain specified period, volume of product, value of product, certain locations or even a specific SKUs!
Sadly, we don’t have time to cover them all here, but examples of rebate agreements have been covered in detail in another of our blog articles.
When things are done well, no-one questions what happens behind the scenes. Tailored simplicity &emdash; that’s how we work, at Enable. However, the problem with simplicity is that when it’s done well, like a magic trick, people want to know how it was done. So we thought we’d raise the curtain to show you what’s really going on behind the scenes and why it’s so easy to importing data into our rebate management system. 1. Tailored simplicity Your business operation...Continue reading