Enable — Success Stories — Archive

Why your rebate management system needs to be ERP agnostic

Filed as Product blogPosted November 15

DealTrack integrates with major ERP systems such as SAP, Oracle and Microsoft Dynamics. For reporting and payments, DealTrack can interface with a range of leading BI tools including Business Objects, QlikView, Tableau as well as purchase-to-pay solutions such as Ariba, Fourth and Proactis. But in our view “out of the box” integrations are not sufficient for most scenarios. A rebate management system needs to be truly ERP agnostic. Here are just a few reasons:

Buying group purchasing system — seven essential features

Filed as Product blogPosted November 8

Buying Groups, as the name suggests, are formed to give buying power to smaller independent companies through purchase consolidation.

How to keep your software infrastructure secure and your customers protected

Filed as ArticlesPosted November 3

Keeping software secure has become increasingly important for businesses over the years. Software security is no longer optional; it has become an absolute necessity. Security breaches and attacks could potentially result in a significant loss to your company’s revenue, reputation and even your customer base. With this in mind, it’s important to have procedures and processes in place to minimise the chances of any sensitive customer data getting into the hands of the wrong people.

Let’s dive in to the five key security steps Enable recommends your company should take to keep your software secure and your customers protected.

1. Preventive Measures

Being part of a connected world provides a significant number of both benefits and risks. Any computer that is connected to the internet is at a potential risk from various security breaches and attacks, such as viruses, Trojans, and spyware. Firewalls should be used to protect your company network by only allowing internet traffic that is defined in your firewall policy. Antivirus software should be used to prevent, detect and remove any malicious software and other threats. All software should be properly patched and kept up to date.

Why your ERP system doesn't do rebate accounting

Filed as Product blogPosted November 1

Many ERP systems already have a way of recording contract information and a vendor rebate module or elements of purchasing software that allow for rudimentary recording of rebates owed.

A three step approach to business growth through better rebate management

Filed as Product blogPosted October 23

We've had great feedback from our recent webinar, so I wanted to share the content with those who didn't make it on the day. This blog provides a summary of the topics we discussed:

Six common problems with accounting for rebates

Filed as Product blogPosted October 16

As experts in rebate management, we have come across (and fixed) many problems with rebate management processes. Here are the 6 most common things that businesses need to fix in order to improve profitability and growth. 1. Problems representing rebate agreements in core business systems Companies tend to look for a specialist solution to rebate management when they reach a point where their core business systems are proven to be inadequate. We have seen several scenarios:

ERP agnostic rebate management system

Filed as Product blogPosted October 12

Today's IT landscape in most large corporates consists of disparate systems: Cloud apps On premise ERP systems Cloud-based ERP Local systems and spreadsheets Others As a result, the world has moved from ERP being at the hub to integration services being the key.

Ten reasons rebate accountants fail to claim 100% of rebate due

Filed as Product blogPosted October 9

Failing to claim 100% of rebate due can have a large negative impact on the bottom line for businesses in industries where rebate agreements are commonplace. Finding out why that happens and how to stop missing vendor rebate claims is at the forefront of the minds of rebate accountants and financial leads the world over.

Five key steps to manage rebates effectively and improve margins

Filed as Product blogPosted August 1

Rebate Management refers to the management of discount claims that are based on volumes of purchases over time. To some companies, that rebate is treated as a bonus. But to others, rebates form a significant proportion of their revenue and for these companies accurate management is absolutely essential. The management and processing of rebates is challenging, with significant financial risks if something goes wrong due to loss of data or human error. Many rebate arrangements lack support in fina...

Profitable business growth for suppliers to the building industry

Filed as Product blogPosted July 25

Profitability for suppliers to the building industry - including building materials, plumbing, HVAC and electrical distributors – is often very closely dependent on the amount of rebate they can negotiate and claim.

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