DealTrack Blog — Rebate Management System

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

How cloud-based rebate management software enables remote working and much more

Posted by Fraser Weetman on April 22, 2020 14:14:07

The COVID-19 outbreak has seen many companies being forced to embrace remote working like never before in a bid to delay the spread of the virus. Remote working will be entirely new for some companies, while others will be well experienced in working from home on various occasions.

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Topics: Rebate Management, Rebate Management System

How automating manual rebate processes can benefit your finance team

Posted by Elizabeth Allcock on April 13, 2020 11:42:07

In today’s business world, the finance department including the CFOs are expected to deliver accurate information more quickly than ever. But with large volumes of information, data is spread across an array of sources such as spreadsheets, emails, and paperwork; which only increases the likelihood of errors and inconsistencies in the process. 

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Topics: Rebate Accounting, Rebate Management System, Collaboration, Finance

Customize your trading agreements using our scheme PDF feature

Posted by Richard Neil on April 8, 2020 11:19:27

With personalised user experiences becoming increasingly in demand, the ability for businesses to customize software products to match the identity of their brand is essential.

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Topics: The DealTrack Story, Rebate Management System

How to streamline your deal approval workflow

Posted by Elizabeth Allcock on March 26, 2020 08:58:20

Businesses that plan together, succeed together. But whenever a business makes a deal with another business, it needs to be approved on both sides. And getting that approval can be a slow, inefficient process.

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Topics: Rebate Management System, Supplier collaboration

How our forecasting module can help you to manage your cash flow better and maximize your profits

Posted by Richard Neil on March 23, 2020 10:04:07

Whilst many of us wish that we had the ability to glimpse into the future and see what’s in store for us over the next few years, we all know that this, of course, is an impossibility. In the world of business, however, useful processes can be put in place to predict what might happen in the future based on past and present data, in other words, financial forecasting.

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Topics: Rebate Management System

Transforming the manufacturer vs distributor relationship with rebates

Posted by Elizabeth Allcock on March 4, 2020 09:52:44

In a typical trading relationship, we have three main parties: the manufacturer, distributor and the end user who is the customer. The relationship we are focusing on today is the manufacturer and the distributor.

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Topics: Rebate Management System, Customer Rebate Management, Rebates, Distributors, Manufacturers

Watchlist app: giving you the ability to identify potential risks and opportunities at the click of a button

Posted by Richard Neil on February 26, 2020 14:03:47

Risks and opportunities are something that we all experience in our everyday lives. For example, how many times have you got into your car in the morning to go to work with your fuel warning light on, but still did the journey anyway, knowing that there might be a slight risk that your car could run out of petrol on the way?

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Topics: Rebate Management, Rebate Management System

How manufacturers use rebates to increase customer loyalty

Posted by Elizabeth Allcock on February 17, 2020 11:09:53

Customer loyalty is a measurement of how likely your customers are to do repeat business with you. In this case we are talking about manufacturers collaborating with distributors, who are effectively the link between the manufacturer and retailer. Without distributors, manufacturers would struggle with getting their products to customers, and without manufacturers, distributors would have nothing to sell.

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Topics: Rebate Management System, Rebates

Rebate vs discount: what are the differences?

Posted by Elizabeth Allcock on February 10, 2020 09:41:23

When setting prices for your products or services, you always need to keep in mind the volume of sales you will get, the profits you will make, and even the way your brand is perceived.

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Topics: Rebate Management System, Rebates