Calculate and manage discounts on volume purchases up and down the supply chain with the new Phocas Rebates module.
Using Excel formulas and spreadsheets to report, calculate and track rebates and commissions can be a nightmare. Even more horrifying is the impact of errors or oversights on your bottom line.
Phocas Rebates allows you to analyze, manage and report on all your payable or receivable rebates, regardless of how complex they are.
Analyze profits after applying rebates and commissions for greater insight into margins and performance
Strike better deals
Negotiate better rebate contracts by analyzing rebates and commissions to see who is paying or receiving the best rates
Save time and reduce costly errors by quickly creating supporting documents for rebate claims right down to the transaction level
Administration can be a time-consuming practice. Entering rebates, monitoring agreement dates, calculations, postings; all require considerable commitments in time
The knowledge and awareness of rebate management can be spread beyond, what is often, a central position. Reducing the risks that are prevalent when most of the knowledge is held by an individual
Rebate rules are often tailored by a sales person at the time. The application enforces consistency and highlights rules that fall outside of parameters
Analysis and visibility
The results can be analysed in a flexible manner and shared with standard Phocas functionality
The management, administration and calculation of rebates can all form part of a clear process
Calculations will be performed in a uniform manner to a set of rules, ensuring accurate figures
By enforcing consistency a greater level of control can be exerted
Managing the agreements is simplified and no longer a 'dark art'
Rules are held in a central database