IncentViz Improves Efficiency in Managing Rebates

IncentViz Improves Efficiency in Managing Rebates

Managing customer rebate programs shouldn’t require juggling spreadsheets, reviewing raw data, and an extensive checking and approvals process. Yet data from Single Source’s recent Benchmark Survey shows that many companies still rely on outdated systems that make rebate management time-intensive and tedious. In industries that work with buying groups and rely on building customer relationships, any hiccup in providing rebate checks can be disastrous. 

IncentViz modernizes the rebate management process into a well-oiled machine. Built for smarter and faster rebate management, IncentViz seamlessly connects to your Infor ERP and pulls directly from your order and invoice data for greater accuracy and visibility. Instead of manually compiling spreadsheets and reconciling data, program administrators can automate the process and generate rebate reports quickly and confidently. 

When asked to name the top challenges they face with their rebate system, survey respondents cited time as the biggest hurdle. The slow process of generating reports and waiting for approvals leaves administrators spending anywhere from a few hours to several days managing rebates tasks. Inefficiencies like this can grind a department to a slow crawl, impacting operations and frustrating program administrators. IncentViz turns processes that used to take hours into one click, with real-time synchronization and automated rebate reports.

Accuracy is a critical component of a successful rebate program. However, only 11% of survey responders cite accuracy as a feature that works well with their current system. When a process relies on manual entry and outdated spreadsheets, mistakes are bound to happen. Error-prone systems leave program administrators spending extra time verifying every step, wasting resources and time. IncentViz helps reduce risks by using real-time data to improve consistency, eliminate manual entry mistakes, and ensure rebate calculations are reliable.

With IncentViz, companies can streamline rebate administration, speed up calculations, and provide buying groups and customers with rebate checks faster and with greater confidence. Rebate management can be highly efficient–and effective in rewarding customers for purchases.

Learn more about IncentViz here.