Whatever currency you're dealing with, DealTrack has you covered. It can create and calculate deals regardless of the medium of exchange.
Different units of measure are no problem for DealTrack. It creates deals in any unit of measure and manages conversion factors on a per-deal basis.
Using our standard data interfaces, DealTrack imports suppliers, customers, products, branches and purchase or sales invoices or goods receipts on a set frequency. Typically daily.
Partners can submit their turnover and earnings within the trading partner portal through partner turnover and earnings submission functionality.
Provides a buyer with visibility of rebate earnings from deals linked to purchase volume or value. Rebates may earn across all purchases or be limited to specific products.
Allows a buyer to track rebate earnings from volume or value growth, or achievement of a target threshold.
Allows a distributor to calculate revenue required from suppliers where margin support contracts are in place for specific customers and/or specific products.
Allows rebate earnings from both volume-based and value-based deals to be calculated and tracked.
Allows rebate earnings from volume and value deals that have a tiered rate to be calculated accurately and reliably.
Allows multi-branch or multi-company organizations (such as buying groups) to calculate and track rebate earnings from complex deals that are based on aggregated group purchases or where different units in the organization earn different rebate rates
Allows an 'end user' organization to differentiate between off-invoice discounts offered by distributors and rebates paid retrospectively by manufacturers and brand owners of the products used.
Provides a buyer with up-to-date visibility of Net (of distributor discount) and Net-Net (of distributor discount and manufacturer rebate) pricing.
DealTrack provides you with highly detailed granular reporting courtesy of our calculation algorithms which calculate deal earnings at the level of the deal as a whole, and at the level of each turnover line that contributes to the deal.
Generate a user-friendly A4 or US letter trading agreement — presented in your individual company branding — which contains the content of the relevant deals setup in DealTrack. Never again will you have to duplicate the effort of setting up a deal in your financial system and then manually creating the agreement documentation.
DealTrack is designed to manage rebates receivable from suppliers and rebates payable to customers.
Track the approval status of deals within DealTrack — based on your own internal approval process — with internal approval workflow functionality.
Enables partners to view deals that are awaiting their signing, sign off those deals and view a history of their actions.
DealTrack's cash module functionality allows you to record and track payments received from suppliers against DealTrack-calculated deal earnings. The cash module is supplied with the following set of standard reports:
A summary of the due and overdue rebate, grouped into aged time periods.
An overview of earnings, receipts, adjustments and resulting balance per deal line with one deal line per payment frequency period for a deal.
A log of receipts, allocations and adjustments.
In situations where a distributor has pricing support from a manufacturer, this facility allows the distributor to check the absolute margin of sales orders as they are placed (taking manufacturer support into account), and so highlighting incorrect selling prices and ensuring that all margin support deals are registered in the system ready for invoicing.
Review spend and rebate performance for the current year vs. previous year, vs. forecast for the full year as well as reviewing actuals so far.
While many companies still track performance of deals manually at year end or at best quarterly, DealTrack offers a daily dashboard of deal performance which ensures you always have your finger on the pulse of your business. This next level of tracking enhances the performance of purchasing and sales teams by enabling them to make trading decisions far more frequently and proactively using dashboards for a range of job roles and seniority levels.
Compare deal performance side by side. Look at actuals to date and where you are heading.
Through a combination of reports, dashboards, and user notifications, DealTrack helps you to maximize the opportunities present in live deals, and minimize the risk of failing to hit important targets.
DealTrack enables you to take the proactive lead in conversations with your partners as actual purchase and sales transactions in DealTrack can be adjusted to form 'what-if' scenarios and forecasts. And with deal earnings calculated per-product, per location per day, highly specific scenarios can be created while margin vs turnover can be quickly assessed for any given category, so you can see where to push volume in order to maximize profit.
DealTrack has the power and sophistication to handle and rapidly re-calculate a high volume of transaction data multiplied by a vast number of deals.
Model a category or an individual trading partner to explore combinations of spend or sales, and margin potential.
Draft a new deal and feed in recent purchase or sales transactions to see how the deal would perform.
Visualize, summarize and compare trading agreements to assist commercial users in proposing the healthiest deals possible and assist others in the approval chain to review and understand the impact of proposed deals, ahead of sign-off.
