We’re thrilled to announce our strategic partnership with Pricefx, the foremost provider of cloud-native pricing software. This groundbreaking collaboration brings together Enable's robust rebate management platform and Pricefx's powerful pricing solution, empowering businesses to optimize profits, protect margins and achieve unrivaled revenue potential.
In today's fast-paced business landscape, where economic and supply chain pressures are more prevalent than ever, it’s critical that businesses maximize their rebate management potential and optimize their pricing strategies. Recognizing this critical need, Enable and Pricefx have joined forces to offer a paired solution that allows businesses to leverage the full power of supplier rebates and pricing to maximize their profitability.
The partnership between Enable and Pricefx combines the strengths of both companies, resulting in an end-to-end solution that caters to the evolving needs of modern businesses. With Enable and Pricefx’s collaboration, customers gain access to a holistic view of profitability, from pricing to rebates. This perspective allows businesses to make data-driven decisions, optimize profitability and automate essential rebate processes.
Pricefx CEO Ronak Sheth expressed his excitement about the partnership. "By adding Enable's rebate management solution to the Pricefx platform, suppliers can now unlock their full revenue potential unlike ever before,” he said. “This groundbreaking partnership and solution will provide suppliers with a complete view of profitability, from price through rebate, and the ability to automate rebate payments and reconciliation. This innovative combination of capabilities will allow our joint customers to optimize profitability, costs and cash flow with ease."
With the combined benefits of advanced pricing software and collaborative rebate management tools, trading partner can work together to sell more while optimizing profitability, streamlining costs, enhancing cash flow and protecting margins like never before.
Andrew Butt, founder and CEO of Enable, emphasized the importance of data-driven pricing and rebate programs in today's dynamic business environment. "Today's rapidly changing business conditions require businesses to take control of their deal performance,” he said. “Data-driven pricing and rebate programs not only help win more deals, but they also improve overall deal performance and provide visibility to where the biggest opportunities exist. Together, Enable and Pricefx support the entire journey and provide a fast, flexible way to optimize profitable growth and efficiency."
Enable's rebate management platform combined with Pricefx's pricing software provides many benefits. By leveraging Enable's out of the box setup, businesses can save valuable time and resources by automating complex rebate claims (leading to faster payouts and improved cash flow management) and collaborating more efficiently with trading partners to align on strategic goals, share data and track progress. With Pricefx's Optian AI technology, customers can optimize their rebate programs through data-driven insights. Additionally, Pricefx's platform offers flexibility for customers to build highly customized rebate programs. By integrating Enable's rebate management data with Pricefx's comprehensive pricing software, customers can optimize the entire lead-to-cash cycle, improving revenue and profitability.
As economic and supply chain pressures continue to shape the business landscape, companies must adapt and seize opportunities for growth and efficiency. The partnership between Enable and Pricefx is a testament to their commitment to supporting businesses in this dynamic environment. Together, they provide a powerful solution that empowers businesses to unlock their full revenue potential, optimize their rebates and pricing, and achieve sustainable success.
Enable's rebate management platform is now available to all Pricefx customers. To get started, visit www.enable.com.