FREE WHITE PAPER
Unlock hidden revenue
Rebates have formed part of business strategy for decades, and with good reason. A well designed and maintained rebate strategy can be mutually beneficial for all parties involved. But if mismanaged, a rebate process can easily cause big headaches and even bigger revenue leaks for businesses. In this whitepaper we discuss the challenges that ineffective rebate management presents, and the steps businesses can take to make sure every rebate counts.
Despite the obvious benefits of rebates, billions are lost every year across the UK and globally. That’s why almost all businesses have one thing in common when it comes to pricing, profitability, and rebates – they know that they can do more to maximise contribution – they just don’t know by how much or where to even start.
In this whitepaper, we mainly focus on common pitfalls and pain points associated with customer rebate management, however, there is also value in it for the management of rebates offered by suppliers because of similar challenges and issues. Let’s explore how manual processes can stunt collaboration and innovation between teams, and offer a step-by-step guide to overcoming real-world challenges with automation to unlock substantial improvements and material return on the effort put into them.