Does your softwar track your rebates
Mark Steggall, Head of Product Management at Kerridge Commercial Systems, explains the benefits of using a modern ERP system to manage supplier rebates.
method used by merchants’ suppliers to discount their commodity profitability or otherwise of a business. It’s the most common “Supplier rebates can make an enormous difference to the
products, so it pays to be able to track what your suppliers owe you - and to be able to forecast the outcome at the end of any rebate period.
Superior Popular Pain Gra
Now, e
a crafted high dens
when a
Grade Plus doors Offe
will know that’s the easy part – however ‘non-standard’ each rebate Anyone who has set up a rebate between themselves and a supplier
as standard
solution for an inexpensive and practical finis for unllacquered veneer face doors, becom a firm
t ade doors ha ve long been the a
m favourite with the trade.
w, when a simple or minim alistic loo is required, search no fur ther than Paint sf om PREMDOR.r
for a perfect p
painted finish. And, to sa ve time and sity faces pr oviding the ideal base d doors are supplied with smooth,
money on site the doors are factory pr e-primed and supplied unlipped which requires no filling or sanding (lipped edges are availa Choose Paint Grade Plu
i ti
able, but require on-site preparation). us doors fr om PREMDOR for an
environmentally friendly premium finish, a vailable in var ious core options inci cluding FD30 and FD60 fire doors with all popular sizes available from stock.
guide please call 0844 For a cop y of our lat es
4 209 0008 st range
rs
ok t
n budgets are limited, these beautifully ering a real cost eff ective solution
ing sh
rd
transaction out of your system to check for qualifying purchases - a do this automatically, then you’ll need to pull every purchase order money each supplier owes you. If your business software doesn’t with tracking every agreement you have set up and calculating the omes when you are tasked
agreement might be. The difficulty c
real headache! Alternatively you could wait until the end of the year and see what your suppliers offer you, with no way of checking if the amounts are correct.
know what has been agreed with each supplier, and this could lead business owner or senior members of the purchasing team will Security is another issue surrounding rebates. Normally only the
to further complications when it’s time to track and calculate.
increase margin during the rebate period and enables you to make The only reliable solution that will exploit all opportunities to
accurate claims - with limited access to the rebate schedule itself - is ERP, or business management softwar e that:
W
orks silently in the background recording what is due Manages the most multi-la
yered and complex schedules
Manages ‘spot’ rebates based on specific orders or projects Alerts youwhen you are one purchase away fromthe next
significant price break Calculates what is owed at any time during the schedule period
management solution already used widely by merchants and Our K8 software is a fully integrated trading and business
processing, purchasing, finance, stock control, CRM, E-Commerce ombines a suite of modules including sales order
wholesalers. It c
and business intelligence plus an integrated rebate management module to ensure that rebates can be managed accurately and securely and the correct values claimed.“.
Birthwaite Business Park, Huddersfield Rd,
Email: ukmarketing@premdor.c Darton, Barnsley , S75 5JS
www.premdor.co.uk
The provider of K8 - the market-leading integrated trading and business management solution for builders’ mer chan
16-37- 7-346 01488 662000 | hello@k erridgecs.c om | www
.kerridgecs.com ts.
com To find out more visit:
info.kerridgecs.com/makemoreofIT
? e
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