What is a rebate management system?

Rebate management is the process of recording supplier agreements, tracking purchases and sales against those agreements, and managing accruals and rebate claims in a timely manner.

A rebate management system allows you to accurately systematize and automate every element of a rebate deal, including:

• The ability to record any type of pricing agreement e.g. ship and debit, retrospective tiered discounts, strung rebates, special pricing agreements, growth-based rebates.
• Automated tracking of purchases and sales against agreements.
• Automated accruals recording.
• Automatic invoicing/supplier debits.
• Extensive and granular reports.
• Forecasting that accounts for seasonality and specialist industry knowledge.
Commercial modelling to better assist negotiations.
• A reliable and extensive audit trail.
• Internal approval workflow with an integrated external trading partner sign-off.