Enable Blog — Vendor Rebates

Supplier vs vendor: what's the difference?

Posted by Elizabeth Allcock on June 16, 2020 09:30:05

In the supply chain and the rebate world, you will often hear the terms supplier and vendor used interchangeably when supply chain roles and duties are discussed. Even here at Enable we sometimes call supplier rebates, vendor rebates. They both supply goods and services, but there are certain attributes that make each one a distinct term in the supply chain world, which we will discuss in more detail below.

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Topics: Supplier Collaboration, Vendor Rebates, Supply Chain

Disadvantages of using an ERP system for rebate accounting

Posted by Andrew Butt on August 16, 2019 16:57:00

Firstly, if you’re reading this blog you will most likely to be familiar with what an ERP system (enterprise resource planning) is, but as a reminder it is a type of software that manages and integrates a company’s financials, supply chain, operations, reporting, manufacturing, and human resource activities into one system. Examples of ERP systems include NetSuite, Oracle, SAP, SAGE plus many more.

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Topics: Rebate Accounting, Vendor Rebates, ERP System

How to achieve financial compliance with better rebate management

Posted by Andrew Butt on July 23, 2019 16:51:00

Over the years we have seen many accounting scandals which means there are now more calls from organisations like the Financial Reporting Council (FRC) for “Boards of retailers, suppliers and other businesses to provide investors with sufficient information on their accounting policies, judgements and estimates arising from their complex supplier arrangements”. 

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Topics: Rebate Management, Compliance, Rebates, Vendor Rebates, Industry sector: Finance

Aligning finance and procurement teams to drive better vendor rebate deals

Posted by Andrew Butt on May 17, 2019 16:46:00

In business, procurement and finance are two separate departments, working alongside one another within the organisation. The procurement function is about spending the money well and driving more for less from suppliers, and the finance team is all about keeping the balance sheet in check and driving profitability.

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Topics: Rebate Management, Procurement, Rebate Accounting, Rebate Management System, Supplier Collaboration, Vendor Rebates, Industry sector: Finance

Why your rebate management system needs to be ERP agnostic

Posted by Andrew Butt on November 15, 2017 10:49:00

Today's IT landscape in most large corporations consists of disparate systems:

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Topics: Vendor Rebates, ERP System

Maximising vendor rebates through supplier consolidation

Posted by Andrew Butt on June 15, 2016 13:00:00

The challenge for many companies who manage rebates not only with hundreds of suppliers but also multiple divisions of single suppliers is being able to see the complete picture when negotiating vendor rebates.

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Topics: Rebate Management, Industry Sector: Building Materials, Vendor Rebates