DealTrack Blog — Contract Management

Tips for negotiating the best deals with your trading partners

Posted by Elizabeth Allcock on March 18, 2020 10:08:04

Negotiating B2B contracts is a regular activity, both sides want to get the best deal possible. By negotiating you can achieve a contract that is fair, reasonable and beneficial to both parties - even helping to boost company profitability and improve goodwill and collaboration between trading partners.

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Topics: Rebate Management, Contract Management, Supplier collaboration

Rebate management jargon buster: An A-Z of helpful definitions and terminology

Posted by Oisin Cooke on October 16, 2019 08:57:39

If you’ve ever been confused about terminology relating to rebate management, you’re not alone! The world of rebates is a complicated place at the best of times, especially when there can be multiple different names for the same thing.

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Topics: Rebate Management, Contract Management, Rebate Accounting, Rebate Management System, Special Price Agreements SPAs, Customer Rebate Management

Is a contract management system the best choice for managing rebate agreements?

Posted by Andrew Butt on June 18, 2018 10:27:34

Contracts are core to any business activities, regardless of size, industry, and region. They set out the prices, service levels, terms and supplier relationship and ensure that your company is regularly supplied with their direct and indirect supplies.

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Topics: Rebate Management, Contract Management

Contract management software for buying groups

Posted by Andrew Butt on December 7, 2017 10:11:00

The task set for procurement leaders in buying groups is to save costs. Whilst that is done at the contract stage, the process of making those cost savings often depends on having the right systems in place.

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Topics: Rebate Management, Contract Management

Buyers considerations for contract management software

Posted by Andrew Butt on January 10, 2017 08:00:00

If you’re responsible for procurement in a buying group, wholesale distributor, multi-site or large business (such as building materials, HVAC, plumbing and electrical supplies businesses or buying groups of all types) then it’s likely you have a need for a contract management system that can accurately deal with supplier rebates.

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Topics: Rebate Management, Contract Management

Lifting the lid on supplier rebates

Posted by David Hunt on April 20, 2016 11:48:23

We’re seeing more and more evidence of companies who rely on their suppliers or vendors to tell them what rebates they should claim.

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Topics: Rebate Management, Contract Management

Contract management software for buying groups: realising cost savings

Posted by Andrew Butt on March 11, 2016 13:55:00

The task set for procurement leaders in buying groups is to save costs.  Whilst that is done at the contract stage, the process of making those cost savings often depends on having the right systems in place.

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Topics: Rebate Management, Contract Management

How can builders merchants improve cash flow?

Posted by Andrew Butt on March 10, 2016 15:29:00

Cash flow is a big issue for most businesses in the building industry — from builders to building material suppliers — everyone in the supply chain is purchasing materials in advance of actually being paid by their customers.  So anything that improves cash flow is usually welcomed.

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Topics: Rebate Management, Contract Management, Industry Sector: Building Materials, Rebate Management System