Collaborative software platform will enable the electrical products distributor to more easily track, manage, accrue, and claim against rebate agreements with hundreds of suppliers
Rexel Canada, an Ontario-based electrical products distributor, has chosen Enable’s software to automate its accounting processes for supplier rebates in order to maximize rebate revenue and margin.
Rexel Canada operates three networks across 190+ locations, with annual sales of over CAN$1.6bn. It had been managing hundreds of rebate agreements using a combination of manual processes and a legacy AS/400 finance system. That created scope for error, leading to supplier disputes and missed opportunities to claim the full amount of rebate due.
Enable will give Rexel Canada full visibility of its complex rebate agreements, and automate the process of calculating, accruing and claiming for rebate due. A supplier portal will enable closer working with key suppliers, paving the way for more strategic relationships.
Pierre Charron, VP Purchasing and Marketing, Rexel Canada Electrical, said: “Enable will allow us to spend less time on manual rebate management, and more time building valuable supplier relationships that benefit our business, our customers and our suppliers alike.”
Rexel Canada’s investment in rebate management software further expands Enable’s growing customer base in North America, where its software is increasingly replacing spreadsheets and manual processes at distributors keen to maximize earnings, margins, and operational efficiency.
Andrew Butt, CEO of Enable, said: “Enable is helping distributors like Rexel Canada to negotiate more strategic deals with suppliers, allowing them to offer better prices to customers and achieve a greater competitive advantage in the marketplace.”