Challenges with traditional approaches to rebates & growth incentives management:
In today’s fiercely competitive environment, the effective and timely management of rebate programs is critical. Designing and optimizing these programs is essential for several industries —drug manufacturers, consumer goods, and retail, to name just a few.
Managing these rebate programs, from initial contracting between partners to tracking and realizing revenue, can create several challenges such as:
Built on the Icertis Contract Intelligence platform, the Rebates and Promotions App enables you to take a smart, holistic approach to your rebates and promotion programs. With the app, you can automate the calculation, reconciliation, and reporting of rebates for suppliers and customers with an intuitive experience powered by robust calculation algorithms and contract intelligence. The application helps you streamline complex, non-standard rebate programs to gain better visibility across the process and improve business performance.