How To Streamline And Automate Rebate Management To Increase Margins?
Offering royalty deals and rebates to customers is critical to build brand loyalty as it has a measurable impact on the margins of the company. Rebates also have an influencing impact on the product pricing strategy and impact payments, deductions, accruals, and revenue. However, keeping a close track of royalty and rebate programs while performing accurate and real-time calculations can be an overwhelming task.
Available for public preview, the rebate management module in Dynamics 365 Supply Chain Management helps in reducing the administrative challenges and complications associated with the rebate and royalty programs. The tool proves to be of great advantage for tracking and maintaining deductions and rebates in a unified location where everyone can easily and quickly create, review, and process tasks.
Centralised rebate management
The rebate management module in Dynamics 365 Supply Chain Management offers a unified place for managing all customer rebates, vendor rebates, and customer royalties such as:
Defining complex customer rebates, vendor rebates, and royalties based on customer sales.
Managing multiple overlapping and concurrent rebate agreements for the same products or vendor.
Managing complex rebates where groups or items don't share the same durations, rebate amounts, rates, or calculations.
Offering flexibility with rebate calculation.
Enhancing cash flow forecasting with an effective claims process.
Tracking rebate accruals and handling dissimilar time periods for accrual and claim of rebates.
To learn more about the capabilities of the rebate management module, please feel free to have a word with certified Dynamics 365 CRM experts at C.I.G Consultants now!