Staying on top of your finances and understanding your earnings are of paramount importance for any business. When it comes to managing rebates and other complex incentives, the ability to track and analyze your financial data can make all the difference, allowing you to make informed decisions and track the performance of your trading partners. However, managing your rebate earnings can be a complex task, especially when it involves tracking a high volume of trading activity over an extended time period.  

That's where Enable’s Daily Earnings Report comes in. In this blog, we’ll take a closer look at how this powerful tool can help you gain valuable insights into your trading programs and revenue streams.

What is the Daily Earnings Report?

The daily earnings report is a feature that allows you to extract actual earnings results from your trading programs over a specified time period, providing a detailed breakdown of the transactions that generated these earnings. The report was designed to be flexible, allowing users to filter for specific dimensions or transactions calculated over various frequencies.

The report offers a comprehensive view of your trading partners' performance, presenting insights into actual, forecasted and accrued earnings over a given period. In essence, it's a treasure trove of information for finance-focused users seeking a deeper understanding of their financial landscape.

Gain Data Insights from the Daily Earnings Report

The daily earnings report is an invaluable source of up-to-date data insights, allowing finance teams to gain a deep understanding of their trading partners' performance based on time. These are just a few of the basic data points the report covers:

• Trading Partner: This label can be customized to match your system's specific designation, such as Supplier or Customer.
• Total Transacted Units: Indicates the total units transacted for the qualifying earnings for the trading partner during the specified date or date range.
• Total Transacted Value: Represents the total value transacted for the qualifying earnings for the trading partner during the specified date or date range.
• Earnings: This column displays earnings for each of the selected result types.

There are a wide range of additional dimensions you can add for an even more detailed view, such as Trading Program ID, Transaction Date Range, Program Line Type, Mechanism, External Reference and Dimension Data.

Filter the Report to Find the Data You Need

To make the most of the daily earnings report, it's crucial to know how to filter it effectively. You can customize the report based on various parameters, allowing you to zero in on the specific data you require with detailed granular views. Here are a few parameters you can use to filter the report:

• Trading Partner: Select one or multiple trading partners for a more focused view.
• Transaction Date: Set date ranges to include only transactions that occurred after a specified date and before a cut-off date.
• Trading Program Status: Filter by the status of trading programs, such as active, proposal, interim, or archived.
• Program Line Type: Choose from a list of program line types.
• By Program Line: Increase granularity by focusing on program line information.
• Currency: Select specific currencies or include all.
• Program Line Results Type: Filter by actual, accrual, or actual forecast program line result types.

These filter options can give you greater control over your data, providing clearer insights and allowing you to customize the report to best suit your business’s unique needs.

The Value of Visibility

Maintaining visibility into your daily earnings is essential for making informed business decisions. This report not only offers valuable insights into your trading partners' performance but also offers you a better vantage point to optimize your rebate earnings. The ability to filter the data ensures you're always in control of how you leverage your data insights, making it a powerful tool for enhancing your financial strategies.

The daily earnings report not only supports informed decision-making, but timely decision-making as well, allowing you to respond promptly to market dynamics and customer demands. It also ensures accurate financial reporting, reflecting real-time performance for precise financial planning and forecasting. The visibility, reliability and transparency afforded by the report fosters improved relationships with your trading partners, allowing you to engage with trust and openness.

This level of visibility empowers you with detailed earnings data, supports performance tracking and offers the transparency and customization needed for accurate financial analysis and tailored reporting.

Unveiling Your Rebate Earnings with Enable

Enable’s daily earnings report is a powerful tool that offers unparalleled insights into your rebate earnings and trading activity. With the ability to customize and filter the report, you can effectively harness this data to make strategic decisions and drive your business forward. This feature is a game-changer for commercial teams, finance managers or anyone seeking detailed information about their trading partners' performance.

Are you ready to take control of your earnings and gain valuable insights into your trading activity? Click here to learn more.