DealTrack 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

Why your ERP system doesn't cope with rebate accounting

Posted by Andrew Butt on June 18, 2018 10:16:59

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, ERP Vendor Rebate Modules, vendor rebates, ERP System

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: ERP Vendor Rebate Modules, vendor rebates, ERP System

How to manage complex vendor rebates and drive margin

Posted by Andrew Butt on July 29, 2016 10:40:00

Multiple vendor rebates which are very often complex in nature can have a significant impact on the effectiveness of financial and procurement teams, profit margins and company performance.  

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Topics: Rebate Management System, Supplier collaboration, Rebates, vendor rebates

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

Aligning finance and procurement teams to drive better vendor rebate deals

Posted by Andrew Butt on May 19, 2016 18:56:50

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 Excellence, Rebate Accounting, Rebate Management System, Supplier collaboration, vendor rebates, Finance

Supplier rebates: Financial compliance — lessons to be learnt

Posted by Andrew Butt on May 15, 2016 17:13:57

The report that Tesco is returning to profit is good news for the beleaguered retailer, who have been hit with fierce competition from discounters Aldi and Lidl and the fall out of the supplier income scandal, which according to a recent article in the Sunday Times is still being investigated by the serious fraud office. 

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Topics: Rebate Management, Rebates, vendor rebates