DealTrack Features - Page 2 - Enable

Back to blog

DealTrack Features

How-to guides, new features and how to get the most out of DealTrack to manage vendor and customer rebates.

Introducing DealTrack

DealTrack FeaturesOctober 3, 2012

Stratford-upon-Avon based software company Enable has today launched a new subsidiary called DealTrack Ltd. The new company has been created by entrepreneurs Denys Shortt (who also owns DCS Group) and Andrew Butt who have combined forces with fellow directors David Hunt, Andy James and Dan Wood.

DealTrack rebate management software

DealTrack will be located in the new £1 million Enable headquarters in Timothy’s Bridge Road and will create up to 5 new jobs over the coming year.

DealTrack creates web based software that simplifies business-to-business trading, unlocks hidden revenue and maximises profit in trading agreements.

Why we’re focusing on rebate management

For over a decade, Enable has helped distributors, wholesalers and buying groups manage the income they receive from suppliers and customers. Denys and Andrew have identified a key area where businesses are continually throwing away hard earned revenue.

Denys Shortt comments: “I am delighted to be announcing DealTrack — an exciting new business created in tough economic times. We have found a niche here. DealTrack will transform how companies manage their business deals and help them lock down profits. It has been tried and tested.”

Leading the way in supplier management

DealTrack FeaturesApril 18, 2009

Supplier management is a critical discipline, especially for "goods for resale" businesses. Improving the visibility of an organisation’s purchase related data and systematising the associated business processes are essential factors in optimising revenue, reducing costs and managing risk in this area.

Establishing agreements for retrospective rebate payments from suppliers is a commonplace commercial method adopted by buyers. It is often a notoriously complex area to track and control, frequently creating administrative headaches for companies and absorbing valuable resource in the process.

Often rebate income is the difference between losing money and making money on the bottom line, so tracking the agreements to ensure on-target earnings is of critical importance. Having invested time and effort in establishing potentially lucrative deals with suppliers, companies face the arduous task of executing these in order to gain maximum benefit from those deals.

This can be a time consuming and expensive process. Rebate agreements by nature can be complex, ever-changing and therefore difficult to track. The risk to a company of not realising 100% of the agreed rebate escalates as complexity increases.

Newer12