Customer Rebate Solution
Automate your most complex B2B customer rebate programs and model deals to grow profitably with IMA360’s cutting edge customer rebate management software.
Why Use Customer Rebates as a Pricing Strategy
Gain market share without sacrificing Profits. When modeled and managed effectively, customer rebates offer huge value to both the seller and buyer. Sellers can build relationships with buyers through honest incentives, and buyers get a better price.
IMA360 Rebate Solution Benefits
Deal Modeling
Model complex deals to understand their impact on sales and profitability powered by Al before finalizing them with trading partners.
Automation & Integration
Complete end-toend automation from rebate Program setup to payment & out of box integration with most ERP systems.
Collaboration Portal
Collaboration & real time visibility for Partners to work together to negotiate rebate programs, real time visibility on rebate tracking & Payment reporting.
Dashboards & Analytics
Configurable dashboards for different stakeholders, Contextual Analytics, Operational reports, Self-serve zero code reports & analytics.
Customizable Industry Solution
Solution is pre-configured with best practices for each industry but allows customers to enable the secret sauce and implement difference between different business units
Smooth Month end close
Powerful architecture allows to complete month end close in one hour. Anomaly detection powered by Al is used to reduce any leakage
Why Customers Rebates Matter
Build Lasting Customer Relationships
After-sales rebates persuade customers to be loyal for long and foster a relationship based on trust. Your business can show clients that they are valued and appreciated by them by giving financial incentives, which will bring about a higher level of satisfaction and a much higher chance of repeat business.
Boost Sale
Rebates encourage more customers to buy products and services. As a result, it will lead to increase of sales and revenues. Using rebate programs which are designed to encourage customers to buy products or services of specific items, services or market segments businesses can achieve the increase of the customer spending. Moreover, careful developed rebate programs can help businesses to run out the excess inventory or to promote new products and services, consequently resulting in the increase of the overall revenue.
Streamline Operations
Automation and ERP integration accelerate processes and reduce costs while improving operational efficiency. With a fully automated process of rebate calculation and tracking, businesses will ensure that no errors happen and avoid delays and inaccurate payments.
Make Informed Decisions
The real-time visibility that rebate data provides makes it possible to retrieve data-driven and strategic choices. Information on how their programs are performing, what customers are doing, and changes in the market is accessible, firms can adjust their strategies and improve them when necessary.
Key Features of IMA360's Customers Rebate Software
The complexity and volume of feedback continues to increase, and vendors need to evaluate their current systems to ensure they can store and process it end-to-end.
Easy to setup and easy to use
Setup your most complex rebates fast with most common rebate scenarios already pre-configured including Flat rate (% or $), Fixed Fee, Price Protection, Target Achievement, Volume Tier, Growth Tier, Multi-Tier etc. Easily include/exclude items and choose multiple discount bases.
Integrated Solution
Single, unified, and integrated solution ensuring a rapid and cost-effective implementation. Out-of-the-box integration with most ERP systems and easy configuration for integration with on-premises systems.
Rebate Programs Setup and retroactive adjustments
Automatically manage your GPO/Buying Group member lists and their activations to keep track of rebate programs attached. Retrospective contract changes include adjustments to prior periods and are reflected in performance reviews.
Workflow
Configurable Approval workflows for Contract, Accrual and Payment. Easily configure multiple levels of approvals and provide alerts & notifications for specific scenarios to the users.
Validation and Audit Trail
Controls are established during each step of the process to ensure rebates are processed accurately.
IMA360 provides an audit trail for auditors to perform monthly or quarterly audits
Ability to route any contract change to approval process ensuing contract compliance.
Transforming Your Rebate Program
CHALLENGE
Currently, your Company’s rebate program is burdensome, consuming a lot of time and, therefore, inefficient, which can lead to occasional errors in the rebate calculations. This has in turn created customer dissatisfaction and the lost business possibilities of generating sales and increasing loyalty between your business and the customers.
SOLUTION
With the help of Al-powered Customer Rebate solutions of IMA360, your company will have the benefit of the automated and the streamlined rebate management process, that will be completely accurate and effective. Integration without disruption to your current ERP system will avail your team with real-time access to rebate data creating an opportunity to monitor on program performance and make better rebate program adjustments or improvements.
EXPECTED OUTCOMES
Adopting IMA360’s Customer Rebate solutions can lead to several tangible benefits for your business, including:
- Increased Customer Satisfaction and loyalty: Correct and timely rebate payment and a smoother customer experience builds up long term loyalty and gaining repeat customers is taken on the back of this.
- Improved Operational Efficiency: The use of automation and ERP integration end up saving time and resources that allows the team to focus their efforts on the organization of strategic tasks and initiatives.
- Enhanced Decision-Making: Your business will gain advantage due to access to real-time data and wide choice of reporting tools, which will allow for making smarter decisions and improvements in rebate program approach.
- Higher Sales and Revenue Growth: Personalized rebate programs motivate customers by awarding them extra discounts for their increased purchases which translates into increased sales and revenue growth.
Elevate Your Rebate Program with IMA360
Customer rebate programs provide great sales boost and foster loyalty. Your business will be able to leverage the AI powered solution to develop and execute targeted, efficient and measurable rebate programs that achieve the set objectives. Are you ready to take your rebate programs to the next level? Reach out to our team at IMA360 to learn more about our AI-powered Customer Rebates solution and how they can put your business on track for success.
Get in touch with us today and let us transform your business from the ground up!
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FAQ
Rebate management solution ensures effective tracking, validation, and processing of rebate claims and payments, hence improving operational efficiency. It does this by automating and streamlining the administration of customer rebate programs.
In order to increase sales, promote repeat business, and strengthen customer loyalty, a customer rebate program provides rewards to customers after they make a purchase.
Rebate administration entails supervising every step of the rebate procedure, including keeping track of client purchases, processing claims, and guaranteeing precise, prompt consumer payments
Customer rebates offer an incentive after the sale. Following authentication of the customer's proof of purchase, the rebate is processed and issued, frequently under the guidance of customer rebate software.
Rebate processing, which is frequently made possible by customer rebate software, implements the procedures used to verify, approve, and provide refunds to customers while guaranteeing accuracy and efficiency.
By providing financial rewards after a purchase instead of discount at the time of sales, a rebate aims to promote repeat business, foster loyalty, build win-win relations, and strengthen brand loyalty.
