| MAXIMIZE VENDOR CONTRACTS AND REBATES. Many vendors offer rebates to their customers based on the volume of goods that is purchased and/or resold by the customer particularity in the distribution related industries. Effectively managing vendor contracts and processing rebates to claim from vendors can be a tricky task in Great Plains without any enhancements. To address this need, Binary Stream has developed a solution that enables users to create complete vendor contracts within the POP module. Each contract is not only associated with a vendor, but can also be linked to many customers in Great Plains for processing rebates later on. Additional pricing functionality has also been added to the SOP module, allowing users to manage customer pricing similarly to vendor pricing by controlling pricing specific per customers. When processing sales orders, the optimal vendor contract will also be used to maximize the margin on each sales order. Rebate calculations are also automatically generated when processing sales orders and are tracked at a distribution level. Rebate processing is streamlined and can be done in a batch process. Lastly, rebate reports can also be generated for vendors to confirm rebate claims. If you deal with vendors that offer rebates, you should contact Binary Stream today to learn more on how the Vendor Contract Pricing & Rebates™ solution can help streamline your operations.
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- Create vendor contracts in POP
- Set optimal price levels based on contracts
- Automatically select the optimal vendor contract when processing a sales order
- Automatic rebate calculations to process to vendors
- Flexible rebate reports
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- Maximize rebate opportunities with vendors and margins with customers
- Reduce operational costs associated with vendor contract administration and rebates processing
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