Take control of your rebate debtors
Filed as Product blogPosted May 23, 2018
In our experience, many businesses that receive rebate revenue from suppliers, don't have the means to be able to check that it is correct.
In our experience, many businesses that receive rebate revenue from suppliers, don't have the means to be able to check that it is correct.
Our May 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.
We are pleased to announce that our MD Andrew Butt has been shortlisted for the EY UK Entrepreneur of the Year (2018) Midlands awards in their "Disruptor" category for its DealTrack innovation.*
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.
Recent starter Klaudija graduated from the University of Warwick with a degree in Discrete Mathematics before joining Enable as a graduate software developer. Klaudija has begun her career at Enable with scheduled self-paced learning time to cover our methodology and the broad range of technologies that we support before contributing to project work. Once a graduate is deemed to have sufficient knowledge and experience they are promoted, typically after just one year. Klaudija offers her thoughts on her experience as a graduate software developer at Enable so far.
When people ask us about integration, the answer is simple. DealTrack can accept data from anywhere so long as it is detailed enough. We aren’t tied to any particular ERP systems or EDI providers, and we have over 20 years integration experience. There probably isn’t a system or standard that we haven’t come across already.
This building materials supplier was struggling to reconcile rebate information in their unwieldy spreadsheet-based system. They also had an issue around extracting detailed and summary data across all branches and categories prior to the negotiation. They felt that they needed to gain control over rebate income and at the same time find a solution that would help them to improve their supplier negotiations. With insufficient accurate, consolidated information at their fingertips, the procuremen...
Workplace happiness isn’t just about competitive pay and benefits. Increasingly, more people are placing a higher value on wellbeing and working conditions, where flexibility, career progression and team bonding are an integral part of the company culture. By investing the time and effort into understanding what makes our people happy at work improves both the general mood of each individual member of staff and over all morale. This investment in a positive culture helps individuals to feel like an integral part of our company who are also willing to invest in it.
One of Enable’s top priorities is to provide a positive environment for all of our employees to work in. We operate a social group of volunteers whose objective is to organise various social and charitable events for all staff members. These include large annual events such as the Christmas and summer parties, as well as smaller events such as quiz nights, meals out, video and board games and sporting activities such as five-a-side football. A huge appeal of these social events is that it gives our employees the opportunity to bond and take part in activities they might not otherwise have considered or have found the time to take up themselves.
Let’s dive in to the 5 key social events that Enable organises to keep morale high and our employees productive.
This business had used a bespoke system to manage rebate earnings for some time, but rebates were calculated at a very high level and were based on data provided by suppliers rather than their own data. They reviewed the situation and estimated that by making calculations at a more granular level of detail, they could significantly increase the level of rebate claims within the existing deal structures.
Our April 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.
If you manage procurement contracts with complex supplier rebates, then you may have reached the point where your current contract management system or ERP system doesn’t provide the functionality you need. That’s where a rebate management system comes in.
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.
Recent starter Michael graduated from the University of Lancaster with a MSc in Computer Science before joining Enable as a graduate software developer. Michael has begun his career at Enable with scheduled self-paced learning time to cover our methodology and the broad range of technologies that we support before contributing to project work. Once a graduate is deemed to have sufficient knowledge and experience they are promoted, typically after just one year. Michael offers his thoughts on his experience as a graduate software developer at Enable so far.
This building supplies company has over 50 branches and is growing. They recognised that having smooth business processes would be an essential foundation for their growth plans, and whilst most parts of the business had been systemised, the area of rebate management remained an anomaly. They were using spreadsheets because their core ERP system (Kerridge) did not support their requirements. They approached Enable to discuss the suitability of DealTrack to their needs and were keen to discover w...
With over a thousand branches and hundreds of thousands of stock items, this business had a huge issue with managing rebates. Everything was being managed on spreadsheets, and they experienced many of the usual issues such as version control and human error. They commissioned a firm of consultants to review their options and invited several software companies to tender for a solution.
This business manages over 1m stocked items, the majority of which have some kind of associated rebate deal. Within the first 12 months of operation they recognised a 200% return on their investment in DealTrack software. They had previously built a rebates module as part of their bespoke financial system. However, whilst this had been built to specification, over time it lacked the flexibility to manage every type of deal.
From the initial conception of an idea, analysing and defining your requirements through to the development of your software, a lot of time and effort is spent ensuring the finest details are catered for. It can be a common misconception that once the software build is complete the hard work is over and users can be let loose with the ‘end product’. There are still a number of important steps that need to be undertaken and considerations to be made following build completion, to ensure that you get the most out of your software.
By the end of a software build phase, you should have already put a lot of thought and planning into how your software will be hosted. There are many hosting options available; including in-house options and a variety of cloud hosting providers, each of which could hold their own benefits for your business based on the type of software you are building. Enable’s hosting preference is cloud-based hosting platform Azure, benefiting us through increased flexibility, quick and easy scalability, a high level of security, and reduced costs. Regardless of which option you choose, it is important that your environment of choice is adequately prepared ready for your software to be deployed to avoid any last-minute hiccups.