DealTrack Blog — Industry Sector: Building Materials

5 industries that would benefit from rebate management software

Posted by Fraser Weetman on May 4, 2020 14:47:21

Rebates are prevalent in many industries because they can have a significant impact on a business’s bottom-line. A buyer agrees to purchase a certain volume, or value of a seller’s goods. Once the purchase has been made, the seller refunds a proportion of the price they’ve paid. But although they sound manageable, we have found that 4% of potential rebate revenue typically goes unclaimed which can mean many industries are missing out on hundreds of thousands of dollars each year.

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Topics: Rebate Management, Industry Sector: Building Materials, Industry Sector: Wholesale Distribution, Rebate Management System

Join us at NAHB IBS in Las Vegas, January 21-23

Posted by Elizabeth Allcock on January 16, 2020 11:13:47

We are delighted to announce that Enable will be presenting its rebate management software at the NAHB International Builders’ Show in Las Vegas from January 21-23.

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Topics: Industry Sector: Building Materials

Collaborative deal management: A new source of profit for construction distributors

Posted by Andrew Butt on July 24, 2019 15:27:10

Strategic collaboration with manufacturers could be a huge driver of revenue and profit for construction-industry distributors. So why have so many given up on trying to make it work?

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Topics: Rebate Management, Industry Sector: Building Materials

Supplier collaboration in the building materials industry

Posted by Andrew Butt on December 12, 2018 10:41:00

We learn about collaboration from an early age.  As children we quickly learn that we need to collaborate with teachers, classmates and team players in order to be successful.  "There's no 'i' in 'team' is a common mantra in sports and work teams.  And "supply chain collaboration" has been a hot topic for decades.  

Despite that, there are very few systems that enable wholesale distribution companies and their suppliers in the building materials industry to truly collaborate on their trade agreements.

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Topics: Industry Sector: Building Materials, Supplier collaboration, Collaboration

SIG selects Enable's rebate management software

Posted by Andrew Butt on November 13, 2018 15:17:00

SIG is a leading European provider of specialist building materials, with close to £3bn of annual revenues and around 9,000 employees across the UK, Ireland and Mainland Europe. As a specialist distributor, SIG plays a critical role in the construction supply chain, bringing value to its customer base across major European markets.

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Topics: Client Stories, Press Articles, Industry Sector: Building Materials, Rebate Management System

Making every penny count: suppliers to the building industry

Posted by Andrew Butt on September 20, 2018 14:26:19

If you’re a builders merchant you’ll know how essential it is to ensure every penny counts in terms of your bottom line. So, it’s even more crucial than ever that you don’t miss out on any of the, often significant, sums due to you through rebates.

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

The Building Materials Industry Advisory Group

Posted by Andrew Butt on May 30, 2018 08:36:00

Enable has formed the Building Materials Industry Advisory Group to inform our development team as we continue to create software products to solve industry-wide challenges that are not easily addressed by existing IT solutions.

The early versions of Enable’s flagship software product, DealTrack, primarily focused on allowing companies to manage supplier rebates.

The software is aimed at those companies in which rebate income makes up a significant proportion of profit, and it provides functionality for both finance and commercial teams – enabling deals to be accurately systemised and visible to all relevant parties, and rebates calculated at a very granular level of accuracy.

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Topics: The DealTrack Story, Press Articles, Industry Sector: Building Materials

A rebate management platform for mutually beneficial supplier negotiations

Posted by Andrew Butt on April 24, 2018 13:28:36

This building materials supplier was struggling to reconcile rebate information in their unwieldy spreadsheet-based system.  They also had an issue around extracting  detailed and summary data across all branches and categories prior to the negotiation.

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Topics: Client Stories, Industry Sector: Building Materials, Rebate Management & Growth, Central Purchasing

More granular rebate calculations: building materials vendor

Posted by Andrew Butt on April 10, 2018 10:08:49

This business had used a bespoke system to manage rebate earnings for some time, but rebates were calculated at a very high level and were based on data provided by suppliers rather than their own data.

They reviewed the situation and estimated that by making calculations at a more granular level of detail, they could significantly increase the level of rebate claims within the existing deal structures.

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Topics: Client Stories, Industry Sector: Building Materials, ERP Vendor Rebate Modules, Rebate Management System

Rebate software “out of the box” to solve problems fast

Posted by Andrew Butt on March 27, 2018 11:20:32

This building supplies company has over 50 branches and is growing.  They recognised that having smooth business processes would be an essential foundation for their growth plans, and whilst most parts of the business had been systemised, the area of rebate management remained an anomaly.

They were using spreadsheets because their core ERP system (Kerridge) did not support their requirements. 

They approached Enable to discuss the suitability of DealTrack to their needs and were keen to discover whether a quick return on investment was possible.

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Topics: Rebate Management, Client Stories, Industry Sector: Building Materials, ERP Vendor Rebate Modules