Rebate Management for Sage X3 automates rebate agreements and calculations, providing control and visibility into sales transactions. Built by Net at Work, this solution enables you to set up rebate agreements, calculate and report rebates, and generate claims that book the financial impact for a holistic view of the process.
Whether its called rebate management or customer pricing support (CUPS), this add-on streamlines and simplifies contract management without relying on slow and mistake prone spreadsheets. Built to complement Sage X3 native rebate management functionality, Net at Work’s Rebate Management & Tracking software solution provides the ability to set up rebate agreements and calculate and report rebates on sales transactions. In addition, it enables you to generate claims that book the financial impact, giving you control and a holistic view of the process.
CORE FEATURES
Track rebates given for items sold
Track multiple eligible contracts per product
Select the most lucrative contract based on eligibility
Calculate the impact of rebates on sales profit (and cost)
Calculate rebates using guaranteed profit percentage, amount flat rate per unit, or actual rebate per unit depending on your business needs
Automatically create claims to the supplier based on a number of parameters
Re-calculate rebates when rebates are modified or backdated
Automated tracking of purchases and sales against agreements
Automated accruals recording
Automatic invoicing/supplier debits
Extensive and granular reports
A reliable and extensive audit trail
Ability to track history/revision of contracts with your suppliers
BENEFITS
Manage contract eligibility by product group or specific products including date ranges
Manage pricing/rebate contract agreements between customers AND vendors, based on sale or purchase of goods and services
Assess impact of rebates on profitability
Real-time view of rebates applied per transaction
Simplified and more efficient processes due to automation
Minimal disputes and easier identification of the causes of disputes through accurate audit trails, allowing for faster resolution
Improved cash flow due to timely accurate rebate claims
Improved margin due to more accurate rebate and pricing calculations
Automating processes frees up finance and commercial teams to increase productivity in other areas
Better supplier collaboration leading to improved profitability and growth